Insurers have learned to scrutinize claims before offering any settlements because they deal with fraud on a daily basis. That is why they employ specialists that are qualified to assess claims, to inspect the damage that led to the claim and to examine policy documents to ascertain the validity of claims. Claimants, too, can hire the services of such specialists to help them submit their claims. With the aid of a public insurance adjuster Palm Beach claimants can make sure that their claims are settled quickly and fairly.
Qualified assessors have to be registered and accredited. They are knowledgeable in a variety of fields and their reports are normally accepted as the final word in an insurance case. They are also qualified to represent their clients in court, a privilege share only with advocates and attorneys. Most assessors deal exclusively with cases involving damage to or destruction of property.
Before a claim can be prepared the assessor needs to study the policy documentation. The extent of the cover enjoyed by the claimant must be determined. In fact, many claimants find, to their shock, that their cover is limited or that the damage suffered are excluded from their cover. The assessor must also study the terms and conditions in order to prepare for a correct and complete claim.
One the policy document has been studied and the relevance of the claim established, the next task of the assessor is to determine the exact nature of the damage. This is easier said than done. Damage to property can lead to a myriad of secondary losses, including loss of income, the inability to honor contractual commitments and the inability to continue to conduct business.
Insurers obviously try to minimize their liability and claimants are often unhappy with the settlements offered. It is often at this stage that a claimant hires the services of an assessor. It is much better to involve a professional as soon as the claim arises because he may have to start the entire process from scratch if he becomes involved in the case at a later stage.
By not involving a professional assessor from the word go claimants run the risk of longer waiting times, lower settlement offers or even the rejection of the claim. The cost of such services is worth it if the stress of claiming and the likelihood of an unsatisfactory settlement offer is taken into account. If the assessor is brought on board at a late stage it may be necessary to submit the claim from scratch.
The cost of hiring an assessor can be high. Some charge a fixed fee per hour or day, others will quote for a specific claim in total and yet others are willing to work on a contingency basis. In the latter case the assessor accepts a percentage of the final settlement as his fee. Claimants should carefully evaluate their options before accepting a quotation.
There can be no doubt that, with help from public insurance adjuster Palm Beach claimants can obtain a more favorable settlement. Another advantage of using an assessor is the fact that it can be stressful to deal with the insurers. An assessor handles everything on behalf of his clients, leaving them free to focus on important matters.
Check out www.integritypublicadjusters.com for a list of the benefits of hiring a public insurance adjuster Palm Beach area, today. You can also get more information about an experienced insurance adjuster at http://www.integritypublicadjusters.com now.