The Bad.....
Homeowners pay A LOT yearly for their insurance premiums. Between cars, home, and health, annual premiums can reach well over $1,000 a month! When you spend money continually for policy coverages, most people think that if they have a justifiable problem there will not be any issues. Unfortunately, most carriers make it harder every single year!
Insurance carriers are known for using a variety of tactics to control cost amounts and reduce payments on justified claims. This could include denying coverage for valid claims, delaying payments and using their many lawyers to defend their actions in court. What’s worst than this is, most policyholders don’t know enough about the insurance claims process to spot these situations and take the proper steps to protect themselves early on. This unfair balance of power creates a perfect scenario for bad faith and unfair claim practices.
The Good!!!
This is where you have options! The insurance carriers have an adjuster to watch out for their best interests, SO SHOULD YOU! Are all insurance adjusters bad? ABSOLUTELY NOT; however, there are many more bad adjusters out there than good!
It is much easier to bring a Public Adjuster in at the beginning than after there are issues. Oftentimes, a Public Adjuster can spot when there's a lurking problem and meet it head on.
