Public Adjuster vs Independent Adjuster: Understanding the Difference | Mikeathepa
February 24, 2025 8:20 am Learn the main differences between a public adjuster vs independent adjuster and how they affect your insurance claims. Learn why Mikeathepa suggests using a public adjuster for optimal results. When dealing with insurance claims, most policyholders get perplexed regarding the functions of a public adjuster vs independent adjuster. Knowing the main differences between these experts can assist you in making the correct decision when it comes to dealing with an insurance claim. In this article, we will outline the roles, duties, and advantages of both adjusters and how they affect your claims process.What is a Public Adjuster?
A public adjuster is a licensed expert employed by policyholders to act on their behalf in an insurance claim. In contrast to company adjusters who represent insurance companies, public adjusters work solely for the policyholder to ensure they are fairly compensated. Their main duties are:- Determining property damage and examining insurance policies.
- Estimating the total loss.
- Negotiating with the insurance company on the policyholder’s behalf.
- Securing the maximum amount of settlement.
What is an Independent Adjuster?
An independent adjuster, conversely, is contracted by insurance companies to review claims on their behalf. Though called “independent,” they are still employed by the insurance company, not the customer. Their primary duties are:- Exploring damage and documenting details of the claim.
- Analyzing policy terms and conditions.
- Working out the compensation that needs to be paid out by the insurance company.
- Sorting out claims to reduce insurer expense.
- Key Differences: Public Adjuster vs Independent Adjuster
| Feature | Public Adjuster | Independent Adjuster |
|---|---|---|
| Works for | Policyholder | Insurance company |
| Goal | Maximize settlement | Minimize company payout |
| Compensation | Percentage of claim | Salary or commission from insurer |
| Negotiation | Advocates for policyholder | Represents insurer’s interests |
Why hire a Public Adjuster?
If you’re in the process of making an insurance claim, having a public adjuster is a good idea, particularly if:- You’ve endured a substantial loss and wish to receive the highest compensation.
- Your claim is complicated and you’d appreciate someone to sort it all out for you.
- The insurance company is proposing a settlement lower than you anticipated.
- You’d like someone else to do all of the negotiating and paperwork for you.
When to Work with an Independent Adjuster
Independent adjusters are automatically engaged if you make a claim with your insurer. Yet, being the insurer’s representatives, their estimate may not necessarily be in your financial interest. If you suspect that your claim is low, engaging a public adjuster might be a wise decision.Final Thoughts
It is very important to understand the distinction between a public adjuster vs independent adjuster when handling an insurance claim. Independent adjusters are employed by insurance companies, but public adjusters represent you, the policyholder, and strive to get you the maximum settlement possible. If you wish to get the most out of your claim and have someone to act on your behalf, then opting for a public adjuster is the way to go. For professional help with your insurance claim, think of hiring a reliable public adjuster to assist you in dealing with the process efficiently. Mikeathepa is here to help you get the reasonable compensation that you are entitled to. Read more:https://mikeathepa.com/blog/should-you-always-hire-a-public-insurance-adjuster/ Tags: mikeathepaCategorised in: Claims FAQs, Commercial, Fire Damage, Individual Service, Insurance, Public Adjuster, public adjuster near me, Residential, Services Overview, Storm Damage, Underpaid Claims
This post was written by Trishala Tiwari
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