Have you ever come across a situation when you had to file an insurance claim? Maybe you were injured in a car accident or your property was damaged due to a natural disaster. Whatever the case may be, it’s important to know that insurance claims are not always straightforward. That’s where insurance claims adjusters come in.
What is an Insurance Claims Adjuster?
An insurance claims adjuster is a professional who is hired by an insurance company to review, investigate, and assess insurance claims for losses or damages. They are responsible for determining whether a claim is valid and how much the insurer should pay. Insurance claims adjusters may also be referred to as claims examiners, claim investigators, or claims processors.
What are the Different Types of Insurance Claims Adjusters?
There are two main types of claims adjusters: public adjusters and company adjusters. Public adjusters are independent contractors who work for policyholders, while company adjusters are employed by insurance companies. Both types of adjusters play a critical role in the claims process, but they have different responsibilities.
Public Insurance Claims Adjusters
Public insurance claims adjusters work with policyholders to help them get the maximum compensation from their insurance company. They are hired by policyholders to review their policies, investigate and assess the claim, prepare documents, and negotiate with the insurance company. Public insurance claims adjusters are typically independent contractors, though some may be employed by a third-party claims adjusting firm.
Public adjusters are often the first point of contact for policyholders when filing an insurance claim. They are knowledgeable about all aspects of the insurance policy and can help policyholders understand their rights and obligations. They also assist in filing and processing the claim, gathering evidence to support the claim, and negotiating with the insurance company.
Company Insurance Claims Adjusters
Company adjusters are employed by insurance companies and are responsible for evaluating, investigating, and resolving insurance claims. They review claims submitted by policyholders, investigate the facts of the claim, and determine the amount of compensation that should be paid. Company adjusters also negotiate with policyholders, review and analyze insurance policies, and make recommendations to the insurance company for adjusting claims.
Company adjusters typically work closely with policyholders to ensure that their claims are resolved quickly and fairly. They also provide guidance to policyholders on the claims process and provide advice on how to best present their claim to the insurance company.
Difference Between Public and Company Insurance Claims Adjusters
The main difference between public adjusters and company adjusters is who they work for. Public adjusters are independent contractors who work for policyholders, while company adjusters are employed by insurance companies.
Public adjusters are hired to help policyholders get the maximum compensation from their insurance company. They are knowledgeable about all aspects of the insurance policy and can help policyholders understand their rights and obligations. Company adjusters, on the other hand, are responsible for evaluating, investigating, and resolving insurance claims. They review claims submitted by policyholders, investigate the facts of the claim, and determine the amount of compensation that should be paid.
Public adjusters typically have a better understanding of the insurance policy than company adjusters, as they are more familiar with the policyholder’s specific policy. They are also able to negotiate with the insurance company on behalf of the policyholder. Company adjusters, on the other hand, have more experience in dealing with insurance companies, and have a better understanding of the claims process.
Qualifications to Become an Insurance Claims Adjuster
The qualifications for becoming an insurance claims adjuster vary depending on the type of adjuster you want to be. Generally, public adjusters must be licensed by their state, while company adjusters may be required to be licensed in some states.
To become a public adjuster, you must pass a state-administered exam. It is advisable to have at least two years of experience in the insurance industry. To become a company adjuster, you typically need to have a degree in business management or a related field. Many companies also require experience in the insurance industry.
How to Find a Public Adjuster
Finding a public claims adjuster can be done by doing an online research or asking for referrals from friends or family. You can also contact your state insurance department for a list of licensed public adjusters in your area.
If you are looking for a company adjuster, you can contact insurance companies directly to inquire about their hiring process. Many companies also list job openings on their websites or on job search websites.
Benefits of Hiring a Public Insurance Claims Adjuster
Hiring a public insurance claims adjuster can be beneficial for policyholders in a variety of ways. First and foremost, they can help policyholders get the maximum amount of compensation from their insurance company. They are knowledgeable about all aspects of the insurance policy and can help policyholders understand their rights and obligations. They can also provide guidance on the claims process, review insurance policies, and negotiate with the insurance company.
Hiring a public insurance claims adjuster can also save policyholders time and money. They can help policyholders avoid costly mistakes and ensure that their claims are resolved quickly and fairly.
Conclusion
Public Insurance claims adjusters play an important role in the claims process. They are responsible for evaluating, investigating, and resolving insurance claims.
There are two main types of adjusters: public adjusters and company adjusters. Public adjusters are independent contractors who work for policyholders, while company adjusters are employed by insurance companies.
Hiring an insurance claims adjuster can be beneficial for policyholders. They can help policyholders get the maximum amount of compensation from their insurance company, save time and money, and provide guidance on the claims process. If you are looking to hire a public insurance claims adjuster, make sure to do your research and find one that is experienced and reputable.
We offer claim representation services on a contingency basis, if we do not collect any funds for you, we do not get paid at all. Community Public Adjusters have expert knowledge of how the insurance claim process works. We work with you on every step of the claims process.
We represent home and business owners and have vast experience with the following types of claims
- Fire and smoke damage claims
- Water damage claims
- Flood damage claims
- Theft and vandalism damage claims
- Snow and ice damage claims
- Building collapse claims
- Wind and hail damage claims
- Catastrophic damage claims
- Roof leaks
- Blown off shingles & siding
- All plumbing leaks
- Toilet overflow
- Burst Pipes
- Frozen Pipes