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 Posted: Sun Dec 20, 2009 4:39 pm Post subject: Public Adjusters vs Insurance Co Adjusters |
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I keep seeing the same thing...home owners complaining about their insurance company...and the insurance company adjuster.... "i tried to reach him but was unsuccessful" ...." I tried to explain but he wouldnt pay for all of the siding only the damaged portion".....
THAT IS BECAUSE THE ADJUSTER THAT COMES TO YOUR HOME DOES NOT WORK FOR YOU!!!!!!! HE WORKS FOR THE INSURANCE COMPANY. HE ONLY HAS THEIR INTERESTS IN MIND. HE IS THERE WITH ONE PURPOSE...TO NICKEL AND DIME YOU....
As HOME OWNERS you should all be aware of what a Public Adjuster is. We are the only ones that work FOR YOU. We REPRESENT YOU against your insurance company to make sure you get every penny you deserve.
Additionally, the adjuster that shows up at your house, sent by your insurance company, is no the one who decides coverage or amount of payment. He is only there as the eyes for the company. To take measurements and photos...THATS IT. The claims process is one that requires experience, training, and knowledge. Leave it to the professionals who have that. |
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PublicAdjuster
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| Posted: Sun Dec 20, 2009 5:12 pm Post subject: |
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| Quote: | | Additionally, the adjuster that shows up at your house, sent by your insurance company, is no the one who decides coverage or amount of payment. He is only there as the eyes for the company. To take measurements and photos...THATS IT |
I think you are misinformed or don't have any idea what you are talking about. Depends on the company and location but many times the adjuster who comes out to inspect the damage is the same person who issues the payment. This is true for many companies. |
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tcope
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| Posted: Sun Dec 20, 2009 5:27 pm Post subject: |
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Well Considering I have
Been a Public Adjuster for 5 years in Good Standing with the Florida Department of Insurance
Will be a Member of the Florida Bar as a Practicing Attorney in a couple of months
Have worked over 200 Residential Property Claims and over 100 Commercial Claims
Worked over 20 Fire Claims Including Total Losses
Have worked Hurricane Ida in Texas 07
Tornado Storms of Volucia County Florida in 06
Atlanta, Ga floods of Sep 09
Have worked doing Catastrophe Work for
Travelers Insurance, Farmers Insurance, Metropolitan Insurance, Citizens Insurance, Liberty Mutual Insurance, Lloyds of London Insurance Group, Universal Property Insurance Corporation, Royal Palms Insurance, State Farm Home Owners Insurance
I THINK I DO KNOW WHAT I AM TALKING ABOUT. But if you have anything on your resume that can rebut that, by all means go ahead.
Adjusters used to be able to make payment on claims. Meaning they use to approve their own estimates and payments to the insured. You can see why this would prove to be unwise. Insurance Companies have 'in-house" examiners to review all work submitted by Independent Adjusters and are ultimately the ones that review and make a decision on payment.
Where do you get your information from?? I get mine from being in the field.
Thanks for Playing |
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PublicAdjuster
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| Posted: Sun Dec 20, 2009 5:34 pm Post subject: |
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| Quote: | | Where do you get your information from?? I get mine from being in the field |
Trust me.... you don't want to compare resumes... 
Here is where I get my information from.... the many property claims I am currently handling and the stack of company checks. I personally go out, inspect the damage, and write the check.
| Quote: | | Insurance Companies have 'in-house" examiners to review all work submitted by Independent Adjusters and are ultimately the ones that review and make a decision on payment. |
You think all carriers use independent adjusters on all claims? I think your experience is limited to this arena.... your "resume post" certainly points to this. |
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tcope
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| Posted: Sun Dec 20, 2009 5:49 pm Post subject: thank you |
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Go Ahead and post what Insurance Company you work for.
And yes, all of the insurance companies I have worked for and against, hire Independent Adjusters.
Cant say that is the same across the country, or that it applies to "Smallville" population 3,000. Don't let my "resume" hinder your spirit however. Go ahead and post your resume. You work for the carrier??? explains your inadequacy. I work for the consumer. WE could run some polls and see who fares better.
Thanks Again |
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PublicAdjuster
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| Posted: Mon Dec 21, 2009 12:56 am Post subject: |
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| Quote: | | Additionally, the adjuster that shows up at your house, sent by your insurance company, is no the one who decides coverage or amount ofpayment. |
| Quote: | | And yes, all of the insurance companies I have worked for and against, hire Independent Adjusters. |
| Quote: | | Cant say that is the same across the country, or that it applies to "Smallville" population 3,000. |
Then you really can't speak for all carriers... let alone even most, can you? You think a claim happening in a largely populated area means its more likely that an independent adjuster is hired as opposed to the hiring of one in a low populated one? Its the other way around.
| Quote: | | Adjusters used to be able to make payment on claims. Meaning they use to approve their own estimates and payments to the insured. You can see why this would prove to be unwise. Insurance Companies have 'in-house" examiners to review all work submitted by Independent Adjusters and are ultimately the ones that review and make a decision on payment. |
So its not good when one company adjuster handles the whole claim and it's not good when an independent adjuster submits their reports to the company adjuster to issue payment. Seems like there is just no good way for a carrier to handle a claim in your eyes.
If you are so interested in _helping_ people, how about posting some useful information in this forum that would help the posters? Or are you really here to drum up business for yourself? |
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tcope
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| Posted: Mon Dec 21, 2009 3:19 am Post subject: |
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I'll bite?
| Quote: | Been a Public Adjuster for 5 years in Good Standing with the Florida Department of Insurance.
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A whole 5 years. Let me do some quick math....... You got involved in this right during the 4 in 04'. So at least you are in it for the right rea$on.
| Quote: | Will be a Member of the Florida Bar as a Practicing Attorney in a couple of months
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No offense but an attorney is like an adjuster...dime a dozen.
| Quote: | Have worked over 200 Residential Property Claims and over 100 Commercial Claims
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I don't know about most adjusters, but when I was adjusting I average more then 300 claims per year and that included handling 3rd party claims. So 300 claims is your vast experience.
| Quote: | | Worked over 20 Fire Claims Including Total Losses |
I'm not big on the whole text thing but....LOL.
| Quote: | Have worked Hurricane Ida in Texas 07
Tornado Storms of Volucia County Florida in 06
Atlanta, Ga floods of Sep 09
Have worked doing Catastrophe Work for
Travelers Insurance, Farmers Insurance, Metropolitan Insurance, Citizens Insurance, Liberty Mutual Insurance, Lloyds of London Insurance Group, Universal Property Insurance Corporation, Royal Palms Insurance, State Farm Home Owners Insurance |
The above answers why your knowledge is limited and why you think that adjusters don't decide coverage/payments or write checks. You were a CAT adjuster.....they usually don't if they are independent. But staff people that are made to work CAT by their company write checks all of the time. I was an independent and had checks for some of the companies that I worked for.
And as far as FL PA's, they seem like a big rip off most of the time. I reviewed files for some of the 4 in 04', and for the life of me I can't figure why some of these insured's even got a PA. Most of them had clear totaled roofs and pool enclosures. With all the tiled houses every claim turned out to be decent size. After the insured paid their 2-5% deductible and paid the PA 10% there was never enough to finish the work. If they would have just waited for the adjuster to come out, they would have only been out their deductible...which mind you is bad enough.
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Dasfuk
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| Posted: Mon Dec 21, 2009 3:28 am Post subject: |
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| Quote: | | is no the one who decides coverage or amount ofpayment. |
False
| Quote: | | THAT IS BECAUSE THE ADJUSTER THAT COMES TO YOUR HOME DOES NOT WORK FOR YOU!!!!!!! HE WORKS FOR THE INSURANCE COMPANY. HE ONLY HAS THEIR INTERESTS IN MIND. HE IS THERE WITH ONE PURPOSE...TO NICKEL AND DIME YOU.... |
Although we do work for the carrier and will do what is necessary (within reason and what the evidence shows) to protect our cleint(s), a majority of the time, the client is asking "do we owe this or not". If my evidence points to the insured or claimant being owed, then thats that. I have never had a client pressure me into making a decsion in their favor when the evidence says otherwise. If that ever happened, they can find someone else, and I would have no problem explaining that to an insured or claimant. My best interest is neutral until I finish my work. I have never "nickeled and dimed" anyone, because I don't and no other adjusters make the final say when it comes to settlement amounts.
| Quote: | | Been a Public Adjuster for 5 years |
| Quote: | | Have worked over 200 Residential Property Claims and over 100 Commercial Claims |
Do you want a cookie or something? |
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Trench
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| Posted: Mon Dec 21, 2009 3:44 am Post subject: |
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The funny thing is when I reviewed CAT files back in 04' I would find independents inflating estimates….be it estimating things that weren’t covered, using outrageous unit prices…anything that could get the dollar amount of the claim over the threshold to the next payment tier. As a file reviewer, I had to follow the policy as far as coverage but I would never tell the independent what his eyes saw on site.
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Dasfuk
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| Posted: Mon Dec 21, 2009 1:46 pm Post subject: |
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| Quote: | | Been a Public Adjuster for 5 years in Good Standing with the Florida Department of Insurance |
Aren't these mutually exclusive statements?
Boys, we are feeding the troll.... and why are all p/a's trolls? low self esteem maybe?
Sorry I've got to go work "real" claims right now...but I'll be back to play later..
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Lori
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| Posted: Mon May 03, 2010 7:10 pm Post subject: |
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Man fun thread. Any other ones I can get in on to bash an entire work experience of 200 claims?? haha I'd work that in a month on a storm easy!
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scout2115
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| Posted: Thu Jun 03, 2010 4:00 pm Post subject: Difference between Public Adjuster & Insurance Adjusters |
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The public adjuster defends the economic interests of his/her client, while the insurance adjuster doesn't, because it's an impartial and independent person. If you need a public adjuster (removed by moderator-lori),is the one which provides "a lion on your side", fighting for your interests and rights.
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Yess
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| Posted: Thu Jun 03, 2010 11:04 pm Post subject: |
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| Quote: | | The public adjuster defends the economic interests of his/her client, while the insurance adjuster doesn't, because it's an impartial and independent person |
How do you figure? NO way a public adjuster is independent OR impartial when their fee/pay is commission based...explain how that is unbiased, impartial or independent? | Quote: | | If you need a public adjuster, (removed by moderator-lori) is the one which provides "a lion on your side", fighting for your interests and rights |
NO hawking of your wares allowed on this site! NONE!
Read and adher to the TOU
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Lori
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| Posted: Fri Feb 11, 2011 4:14 am Post subject: Adjusters writing checks |
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I had recent damage due to ice dams therefore a relatively small claim. Adjuster from Travelers Insurance did write a check after the inspection so yes - adjusters do write checks. I expect it depends on how complicated and large the claim is. No I did not agree with the amount and spent another month sorting it out but with the assistance of the water remediation/repair company (recommended by the insurance company) who acted as my advocate not an outside adjuster so there were no additional fees. The claim amount went from 3.5K to 9.5K and all was fine. So you're both right in a sense. Adjusters do write checks to settle small amounts however the rapid inspection and check writing process may be too hasty for a thorough mitigation of damages.
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Jill in Minnesota
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| Posted: Tue Feb 15, 2011 3:26 am Post subject: p.a. |
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Who pays the insurance adjusters pay check? who do they work for? The insurance company. Not the policy holder. Never hire a preferr vender from the insurance company.
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