The trauma of losing your property is one which you would not want to go through even in a dream.
All that you loved and cherished going up in flames or being swept away in water - who would want to witness that? Along with this comes the added burden of recovering the cost of the lost property.
In times of such tragedy one would not be in a proper frame of mind to deal with the myriad procedures such as filling up forms and other formalities of insurance companies.
In such a situation, you need the help of a good Claims adjuster.
He is a person who investigates the cause of the tragedy by interviewing witnesses and the claimant, goes through the hospital and police records and also visits the site to check the extent of property damage.
The claims adjuster has know how on how to make even those claims that otherwise the property owner would not know as it requires information on depreciation, actual cash value, replacement costs etc.
There are different types of claims adjusters according to the area they respond to or work with - like the public claims adjusters and insurance adjusters.
Public adjuster is a claims adjuster who works exclusively for the policy holder in appraising and negotiating the claims made.
There are also the only licensed people who can advocate for the claims of the policyholder.
Insurance adjusters are those who are hired in order to protect the interests of the company and its shareholders, these professionals study a claim made and the authenticity of it.
The public claims adjusters, on the other hand are hired in order to make claims on behalf of the claimant.
Thus public claims adjusters and insurance adjusters are two sets of professionals doing the same job but for different parties with possibly conflicting interests.
Insurance is a very complicated business.
Most people do not bother to read the big bundle of documents that come with the policy and even if they do, most are not able to grasp everything written in complicated insurance jargon.
This is more apparent when you try to read the manuals after an incident occurs and you are under stress.
Most of the policy holders who do not hire a claims adjuster often run the risk of getting no returns on their claims as compared to those who hire public adjusters.
The adjusters meet with the required personnel and also hold discussions to try and get returns for their claimants and help ease the burden.
There are public adjusters who prepare their clients for disasters before they occur and help them be mentally prepared.
They also help them make proper assessment of their property according to the current market value.
Some insurance adjusters recommend hiring public adjusters so that the entire insurance claims will be done in a proper and hassle free manner.
Hence most public adjusters have good relationships with insurance adjusters or the companies even though one is trying to get money from the other.
This is so because both the parties want to settle the claim smoothly and that is just what the claims adjuster does.
All that you loved and cherished going up in flames or being swept away in water - who would want to witness that? Along with this comes the added burden of recovering the cost of the lost property.
In times of such tragedy one would not be in a proper frame of mind to deal with the myriad procedures such as filling up forms and other formalities of insurance companies.
In such a situation, you need the help of a good Claims adjuster.
He is a person who investigates the cause of the tragedy by interviewing witnesses and the claimant, goes through the hospital and police records and also visits the site to check the extent of property damage.
The claims adjuster has know how on how to make even those claims that otherwise the property owner would not know as it requires information on depreciation, actual cash value, replacement costs etc.
There are different types of claims adjusters according to the area they respond to or work with - like the public claims adjusters and insurance adjusters.
Public adjuster is a claims adjuster who works exclusively for the policy holder in appraising and negotiating the claims made.
There are also the only licensed people who can advocate for the claims of the policyholder.
Insurance adjusters are those who are hired in order to protect the interests of the company and its shareholders, these professionals study a claim made and the authenticity of it.
The public claims adjusters, on the other hand are hired in order to make claims on behalf of the claimant.
Thus public claims adjusters and insurance adjusters are two sets of professionals doing the same job but for different parties with possibly conflicting interests.
Insurance is a very complicated business.
Most people do not bother to read the big bundle of documents that come with the policy and even if they do, most are not able to grasp everything written in complicated insurance jargon.
This is more apparent when you try to read the manuals after an incident occurs and you are under stress.
Most of the policy holders who do not hire a claims adjuster often run the risk of getting no returns on their claims as compared to those who hire public adjusters.
The adjusters meet with the required personnel and also hold discussions to try and get returns for their claimants and help ease the burden.
There are public adjusters who prepare their clients for disasters before they occur and help them be mentally prepared.
They also help them make proper assessment of their property according to the current market value.
Some insurance adjusters recommend hiring public adjusters so that the entire insurance claims will be done in a proper and hassle free manner.
Hence most public adjusters have good relationships with insurance adjusters or the companies even though one is trying to get money from the other.
This is so because both the parties want to settle the claim smoothly and that is just what the claims adjuster does.