Public Adjusters After a Fire: Seeking Guidance
Hi everyone,
I’m a bit overwhelmed and new to this, so I appreciate your patience.
We recently experienced a fire at our building in Maine, which has sustained significant damage. It may need to be demolished, but rebuilding could be an option.
The insurance company adjuster reached out and warned us that we might be approached by public adjusters. He mentioned it’s entirely our choice whether or not to engage with one.
We’re completely in the dark about what that entails.
Is it worth considering a meeting with a public adjuster? Will they help us secure a better settlement than the insurance company’s adjuster? I understand the adjuster represents the insurance company, not our interests.
I have to say, the insurance adjuster seems genuine and trustworthy, and I have a good rapport with him. But I can only imagine the public adjuster would claim to be the one we can really trust.
How do I know who to believe?
I would really appreciate any advice or insights you can offer. Thank you!
Hi there!
First, I’m really sorry to hear about the fire and the damage to your building. That sounds like a really stressful situation.
Regarding your question about public adjusters, it’s great that you’re seeking more information before making a decision. Here’s a breakdown to help you understand:
What are Public Adjusters?
Public adjusters are professionals who represent policyholders (you) rather than the insurance company. They can help you navigate the claims process, assess damages, and negotiate with your insurance company to ensure you receive a fair settlement.
Do They Get You More Money?
While it’s not guaranteed they’ll get you more money, many people have found that public adjusters can maximize their claims. They often understand the ins and outs of policy language and can advocate more strongly for your interests than someone who works for the insurance company.
Trusting Adjusters:
Trust is important. While the insurance adjuster may seem like a good guy and may genuinely want to help, he ultimately represents the insurance company and their bottom line. A public adjuster, while they also want to be compensated for their services, is hired to work for you, the policyholder. If you decide to go that route, it’s best to meet with a few different public adjusters, ask about their experience, and see who you feel most comfortable with.
Considerations:
Ultimately, it’s worth exploring your options. Meeting with a public adjuster doesn’t obligate you to hire them, and it could give you valuable insight into how to proceed.
Wishing you the best of luck with everything!