2012 was a tough year for both Insurance carriers and Insured. Harsh weather in many States added more insult to the already financially stressed. For many insured, a false sense of security soon became a reality when they experienced a loss. Their insurance agents sold them a policy, often based on price, and frequently without the coverage they really needed. Complicated policies that even many agents don’t fully understand, leave homeowners and property owners at risk of being denied for losses that otherwise should be covered. If only someone had taken the time to explain and the shopper had taken the time to ask questions. I find it fascinating that “we” take buying insurance so lightly. The insured need to review their policies at least yearly to ensure they are covered properly. The cost of the policy should not be a factor in the decision for basic coverage. I often tell our clients that they either pay for coverage properly today or they will pay for it later when they do have a claim.
Deductibles are increasing, the day of the $500.00 deductible is almost non existant. Carriers are increasing deductibles to prevent insured from putting in small claims. The question is…can you afford to pay for your roof out of pocket if there is hail or wind damage to it? For many insured thats what will happen next time when they put in a claim with their 1% deductible.
Using a Public Adjuster can help the insured not only decide whether they should file a claim, but will also help the insured get maximum recovery for their claims. Insurance companies are finding new ways to cut back on whst they will pay out and often will give the insured many reasons why they will not pay for things. Without the assistance of the Public Adjuster, many insured become angry, stressed, frustrated and give up. The Public adjuster is theInsured’s