Public Adjuster vs. Insurance Company Adjuster
When disaster strikes, navigating the aftermath can be overwhelming, especially when it involves filing an insurance claim. At Sarasohn & Company Public Insurance Adjusters, we understand how crucial it is to have the right support during such stressful times. One of the first steps in ensuring you are adequately represented is understanding the differences between a public adjuster and an insurance company adjuster. Both play significant roles in the claims process, but their responsibilities and priorities differ greatly.
The Role of an Insurance Company Adjuster
An insurance company adjuster evaluates the damage to your property. Their job is to inspect the loss site, assess the damage, and determine the amount the insurance company should pay out based on the terms of your policy. While insurance company adjusters are professionals, their primary obligation is to serve their employer’s interests. This means they focus on minimizing the payout to save their company money whenever possible.
The Role of a Public Adjuster
On the other hand, an experienced public insurance adjuster works exclusively for you, the policyholder. Public adjusters specialize in handling every aspect of an insurance claim on your behalf. Their goal is to ensure you receive the maximum settlement to which you are entitled under your policy. Sarasohn & Company Public Insurance Adjusters will thoroughly assess and document the damage, calculate repair costs, and negotiate with the insurance company. We advocate for your interests, using our expertise to counter the efforts of insurance adjusters who may seek to reduce your claim’s value.
Key Differences
- Representation: The most significant difference lies in whom they represent. A public adjuster represents you, while an insurance company adjuster represents the insurance company.
- Compensation Goals: Public adjusters aim to secure the highest possible compensation for your claim, while insurance company adjusters aim to adjust your claim within the minimum viable payout.
- Fee Structure: Public adjusters receive a percentage of the claim settlement, which aligns their interests with yours – the higher the settlement, the better for both of you. Insurance companies pay their adjusters a salary or on a fee basis, offering them no direct financial benefit from the claim’s outcome.
- Policy Interpretation: Public adjusters often have a more flexible approach to interpreting your policy’s coverage, advocating for a broader interpretation that benefits you. Insurance company adjusters follow a stricter interpretation aligned with the company’s guidelines.
Why Choose a Public Adjuster?
Choosing Sarasohn & Company is more than just hiring a public adjuster; it means partnering with a legacy of excellence, integrity, and client advocacy. Our 99-year history is rooted in the belief that policyholders deserve a fair and just settlement. Whether you’re facing a residential, commercial, or catastrophic loss, our team is equipped to represent your interests with unmatched expertise and dedication. Contact us at (561) 368-5000 for more information.