Wednesday, March 10, 2010

Public insurance adjusters are your saviors in claim adjusting

Public insurance adjusters are trained professionals who are hired by the claimant or the policy holder to uphold their own interests. They evaluate the loss that has occurred keeping the best interests of the policy holder in mind. They perform a thorough study and put forward a very detailed claims settlement report to the insurance company. Public insurance adjusters work for policy holders and not the company, therefore they have the best interests of the clients at heart and make sure that the claimants get their due from insurance companies.

Public insurance adjusters take care of a lot of details regarding the claim. They study the policy in depth in order to find out what are the specific losses that are covered; they extensively research the damages that have occurred and put a fair value on the financial loss that has resulted. After the detailed study, they make a claim on behalf of the client to the insurance company. Once the claim settlement is put forward, there will be negotiations between the public insurance adjusters who work for the client and the company’s own claims adjusters. This is followed by reconciliation where both parties decide on a certain amount as compensation.

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