Powerful reports prove how Public Adjusters help. Unlike the insurance adjuster who works for the insurance company, a Public Adjuster advocates solely in the interest of the policyholder. Most policy holders know nothing about insurance claims. Most haven’t even read their policy. So it’s very advantageous to hire a professional to navigate the whole claims process.
Citizens Property Insurance Corporation submitted the following information.
“January 2010 Report No. 10-06 From Florida where Public Adjusters have more catastrophe claims action.”
Public Adjuster Representation in Citizens Property Insurance Corporation Claims Extends the Time to Reach a Settlement and Also Increases Payments to Citizens’ Policyholders
“Over half (7,698) of the catastrophe claims we examined were re-opened claims”.
Exhibit 6 Public Adjuster Representation Typically Resulted in Larger Payments to Policyholders Source:
OPPAGA analysis. Data refers to the median (50th percentile or typical) payment. OPPAGA Report No. 10-06 8
For non-catastrophe claims, policyholders who used public adjusters received an estimated $9,379 on their claim, compared to $1,391 for those policyholders that did not use a public adjuster (a increase of 574%).”
Source: Citizens Property Insurance Corporation.