What Is a Good Public Adjuster?

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Recently, Scott Friedson spoke on the Price of Business.

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Searching for public adjusters near me? A public adjuster is an independent insurance professional that a policyholder may hire to help settle an insurance claim on his or her behalf. How do you know a good public insurance adjuster from a bad one? This podcast gives some qualification questions that every policyholder should ask a public insurance adjuster before hiring them to represent you in settling your property damage insurance claim. Many policyholders don’t know about public adjusters. Assuming your insurance company will settle your claim fairly and promptly on your behalf can result in financial disaster. Policyholders seeking professional, licensed representation to handle their property damage insurance claim following a hail storm, hurricane, fire, or other disaster researching “what is a public adjuster”, may come across an overwhelming amount of information. Finding and hiring an expert public adjuster near you who is trustworthy, credible, and experienced can be a challenge. Understanding what a public adjuster does and if you should hire one can depend on several variables including the state your property is located, deductible, amount of damage, when the damage occurred, and whether your insurer has wrongfully denied your claim or acted in bad faith. If you hire a public adjuster, the sooner in the claim process, the better. It is best if they can take over to speak on your behalf and work with the insurance adjuster right from the onset of the claim. Dealing with a catastrophic property damage loss can be very stressful, time-consuming, and expensive for any home or a business owner. For many, hiring a public adjuster means they have someone to do the thinking and negotiating on their behalf. The public adjuster becomes your advocate, acting on your behalf. This is especially important if you have experienced a huge loss. Typically, the larger the claim, the bigger the disputes. A good public adjuster will guide you through the process. work on a contingency and get paid from the settlement amount they can get for you. Avoid any public adjuster who pressures you and, as always, read your contract carefully to make sure you understand it all before you sign. The amount varies from area to area across the country. It also varies depending on the size of the claim. Policyholders typically pay a public adjuster on average around a 10% fee from the claim settlement. Some public adjusters will lower their percentage for large cases.

 

Insurance Claim Recovery Support (ICRS), public insurance adjusters are licensed in many states and exclusively represent Commercial, Multifamily and Property Management policyholders.  Led by Scott Friedson, he has settled over $100 Million in property damage insurance claims ….No Recovery, No Fee. www.insuranceclaimrecoverysupport.com

Insurance Claim Recovery Support LLC (ICRS) is led by Scott Friedson, Public Adjuster & CEO with over 20 years of experience in commercial real estate. Licensed in multiple states, the firm of Public Insurance Adjusters is dedicated to exclusively representing the interests of Commercial and Multifamily policyholders as well as management companies whose real estate assets have suffered fire, hail, wind, water, vandalism, business interruption or other storm damages. Scott retired as CEO of National Income Property LLC, a Texas based commercial real estate brokerage firm specializing in apartment complex acquisitions and dispositions after Mr. Friedson and partners sold their multifamily holdings in Houston, TX and won the Paragon Award from the National Apartment Association for Real Estate Investors of the Year 2007. Today, Scott is still an avid passive real estate investor.

Scott’s reputation as a diligent & ethical commercial real estate professional has earned the trust of some of the largest commercial property owners and management companies in the U.S. to settle complex insurance claims. He routinely manages risk and liabilities associated with property damage insurance claims and has settled over $100 Million in commercial property damage insurance claims solely on the behalf of insured policyholders. ICRS’ track record for settling claims and avoiding unnecessary litigation or appraisal is impeccable. The firm offers comprehensive property claim adjusting, estimating, forensics engineers, building consultants, damage appraisers, weather data, policy interpretation building code/ upgrade analysis, & business interruption claim documentation to support the maximum benefit in the shortest amount of time possible.

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