Who pays for a public adjuster?

Technically, the policy holder pays the public adjuster, but most public adjusters charge a percentage of the final settlement. This means it is in the public adjuster’s best interest to get the policy holder the largest settlement possible. Though it might seem counterintuitive to pay a third-party when you are trying to maximize your compensation, the chances you will be treated fairly are increased when working with a public adjuster.

Who pays for a public adjuster?

Technically, the policy holder pays the public adjuster, but most public adjusters charge a percentage of the final settlement. This means it is in the public adjuster’s best interest to get the policy holder the largest settlement possible. Though it might seem counterintuitive to pay a third-party when you are trying to maximize your compensation, the chances you will be treated fairly are increased when working with a public adjuster.

Why do I need a public adjuster?

Insurance companies have adjusters working on their behalf and you deserve the same. A public adjuster interprets your insurance policy to determine what coverage you are entitled to and provides an analysis of the losses. Essentially, they are ensuring that you are treated fairly by the insurance company and that you get what you deserve. They might also have access to resources that can help you better support claim.

Why do I need help in filing an insurance claim?

It is possible to file your insurance claim on your own, but it is not advisable. This is because the average policyholder does not have the resources or experience that insurance company representatives have. As a policyholder, you deserve to have someone in your corner protecting your rights and ensuring you receive the compensation to which you are entitled. And because insurance policies are often complex and ambiguous, it helps to have someone with knowledge to help you sort through the details.

Will you help me receive a more prompt and satisfactory settlement?

Public adjusters do everything they can to ensure that policyholders receive a fair settlement as quickly as possible. Working with a public adjuster might extend the period of time it takes to ultimately settle your claim because of negotiations, but it will shorten the period of time it would take to negotiate a fair settlement on your own. Insurance companies want to settle for as little as possible as fast as possible and this results in cheating policyholders. Public adjusters protect against this.

What type of claims do you handle?

We are able to assist you in with claims related to a variety of different types of damage to your property, including fire and smoke, water damage from flooding or plumbing issues, sinkhole damage, and damage from weather or wind. If any type of manmade or natural disaster has caused damage to your property, it is a good idea to speak to a public adjuster so they can determine if your policy covers the damage.

My insurance claim is underway and I received an offer from my insurance company but I’m worried that the settlement amount is too low. Is it too late to hire a public adjuster?

No, it is not too late. As a matter of fact, you should have someone review the offer to make sure it is fair. If it is your first offer from the insurance company, chances are it is much lower than what you deserve and a public adjuster can help you determine a fair amount you should be seeking. A public adjuster can also help you negotiate the claim settlement and quickly settle the claim for the maximum amount.

Will I get a higher settlement if I hire a public adjuster?

Possibly. It is in the best interest of the public adjuster to get you as large of a settlement as possible because they receive their payment as a percentage of your settlement. Though working with a public adjuster does not guarantee a higher settlement, it increases the odds of getting one and ensures that the settlement you ultimately receive will be fair and based on the compensation you are entitled to as a result of your policy.

What is the difference between a Public Adjuster and the insurance company’s adjuster?

The primary difference is that a public adjuster is your advocate while an insurance company’s adjuster is working for the insurance company. Though it might seem as if the insurance company’s adjuster is in your corner, they are not. He or she is an employee of the insurance company and will do everything possible to protect the insurance company’s bottom line. A public adjuster is there to ensure you are treated fairly and that you receive the compensation you are entitled to.

Will I lose my coverage if I hire a Public Adjuster?

No. Hiring a public adjuster is perfectly legal and a perfectly normal thing to do. Insurance companies know that policyholders are entitled to working with their own adjuster, but it is not something they are going to encourage. However, they are not able to punish you by dropping coverage or increasing your rates if you choose to work with a public adjuster, even if they would prefer you not do so.

What a Commercial Public Adjuster Can Do For You

If you have recently suffered damage to your business or income property due to fire, storm damage, vandalism, or other causes that are covered under your commercial policy, LMR Public Adjusters can help. Unlike the claims adjuster, a commercial public adjuster will work for you, not the insurance company, and we only charge for our services if we help you recover compensation for your losses.

Types of Claims a Commercial Public Adjuster Handles

Our expert commercial public adjuster team can help with claims related to:

Homeowner Associations

Firstly, we work closely with homeowners’ association board members to coordinate and manage insurance claims. We will carefully review the master insurance policy an community by-laws to determine your full extent of coverage.

Hotels and Motels

If your hotel or motel was damaged, you may have other losses besides the physical damage. For example, you may have a high vacancy rate. When you make repairs, you will want to ensure that they are up to code. LMR Public Adjusters can refer you to reputable contractors who can complete the work appropriately.

Multi-Family Units

If your multi-family unit has been damaged, you must deal with the competing interests of your property and the tenant. Let LMR Public Adjusters help you protect both.

Office Buildings

If you own an office building that was damaged by fire, smoke, mold, or other environmental pollutant, we will work closely to create a thorough inventory of all of your property that was damaged.

Property Management Companies

If you own a property management company or income property, we can help you deal with any interruptions to your business and cash flow.

Restaurants

Restaurant owners must be careful about a number of key regulations, including health department compliance and building codes. Additionally, they may also need to tap into business interruption coverage. Our commercial public adjusters can help you resume normal business operations as quickly as possible.

Stores

We can help document your claim for all covered damages that occurred in your store and apply for all benefits for which you are eligible.

Warehouses

Damage to warehouses full of inventory or equipment can lead to substantial losses for a business. Therefore, our experienced adjusters will work to accurately document the full extent of the damage to your property and inventory.

How LMR Public Adjusters Can Help with Your Commercial Public Adjuster Claim

At LMR Public Adjusters, our experienced team members know how disruptive property damage can be to your business. We will quickly get to work on your claim and:

Carefully review your insurance contract
Identify all damage to your property and losses you sustained
Photograph, video, and otherwise document your losses
Submit a request for the full value of your claim
Communicate with claims adjusters
Explain deductibles and your responsibilities under the policy
Negotiate services with contractors
Negotiate for a fair settlement of your claim

Contact LMR for your commercial public adjuster needs

Contact LMR for your commercial public adjuster needs

LMR Public Adjusters can help you level the playing field against sophisticated claims adjusters that try to protect the insurance company’s bottom line. We will fight for the fair resolution of your claim. As experienced public adjusters, we can capably deal with the complicated issues surrounding your insurance claim. Contact us today to retain our services.

Testimonials

Extremely knowledgeable and professional firm. The employees are fast, efficient and a joy to work with. We would not have been able to rebuild our home after Hurricane Sally without them. Highly recommend their services.

- Jennifer Medeiros

LMR is the best! Thorough, efficient and quite effective, in every way. Guy Hendel is our hero for the profession of public adjuster.

- Ronald Brauner

LMR Public adjusters did an amazing job for us, we're very pleased and impressed with their professionalism and prompt execution of our insurance claim.Special shout-out to Leor, our adjuster; very knowledgeable, diligent, organized. kept us informed each step of the way, he's a pleasure to work with. Most important; he gets results!! Thank you again

- Roy Shriki

Very efficient and easy to work with. Responsive and all around had a great experience with our claim. Highly recommend, as they are experts in the business!

- Narmar Hanna