Public Adjuster Pros and Cons - Discover if You Need One

Should you hire a public adjuster to manage your homeowners insurance claim? Let’s find out by looking at the pros and cons of hiring a public adjuster.

5 BENEFITS OF USING A PUBLIC ADJUSTER

1. Saves You Time

Managing a large insurance claim on your own can be time-consuming and labor-intensive. It can feel like a full-time job – lots of paperwork, meetings, and dealing with contractors.

Hiring a public adjuster to manage the process can free up a lot of time!

2. No Upfront Payment Is Required

Public adjusters don’t require upfront payment. They only have to be paid once you receive payment from your insurance company. If you don’t get paid, they don’t get paid.

3. Looks after YOUR Best Interests

When you file an insurance claim, your insurance company will appoint an insurance adjuster. This adjuster is paid for by your insurance company. Their job is to act in the best interests of your insurance company.

A public adjuster looks after YOUR best interests and not those of your insurance company. By hiring a public adjuster, you can even the playing field by having someone on your side who can fight for what you’re entitled to.

4. Faster Claim Resolution

Working with an efficient public adjuster can speed up the claim settlement process. They know what to do and how to do it right the first time.

5. Negotiates on Your Behalf

Negotiating with insurance adjusters can be very hard. It’s likely they know all the ins and outs and have a counter-argument ready before you even start negotiating. Besides, how good are you at negotiating with an expert about a topic you might know very little about?

An experienced public adjuster often deals with insurance companies or their adjusters on a daily basis. Your public adjuster is in a much stronger position to negotiate a good settlement offer than you are.

CONS

There are not really any disadvantages to using a public adjuster, although some people might consider the following as cons:

If a public adjuster successfully negotiates a settlement agreement on your behalf, they’re entitled to a percentage of the claim payout. Take into account that they might be able to negotiate a much higher settlement offer and save you a lot of time and frustration.

Small claims may not be accepted. Managing an insurance claim can take a lot of time and effort. It’s sometimes not viable for a public adjuster to commit their time and resources to manage a small claim.