What are the Roles of Public Insurance Adjusters?
Most people don't understand what public adjuster does and how important they can be to the insurance industry. What is a Public Insurance adjuster? A public insurance adjuster is an adjuster who handles insurance claims on behalf of a company.
Who is a public adjuster?
How is it to be an insurance adjuster?
All aspects of an insurance claim for the policyholder (claimant/insured) are handled by public adjusters. State-licensed experts who manage all aspects of insurance claims for the policyholder (claimant/insured)
Insurance adjusters, also known as "claims adjusters", are also known as "claims adjusters". Insurance companies employ them to conduct investigations, appraise, appraise, adjust, and pay compensation.
Public adjusters Select Adjusters are professionals who represent policyholders in the negotiation and appraisal process of claims. Public adjusters that work with residential property insurance represent the financial interest of the insured. Public adjusters are independent contractors who work for you and not your insurance company. Public adjusters draw on their experience and knowledge from the insurance industry to ensure that claims are handled correctly and resolved fairly. They maximize payouts. All this is done in the name and service of helping people who have suffered a loss.
The Public Adjuster's Job in Greater Detail
Public insurance adjusters must hold a license in all 45 states and the District of Columbia. Each state and the District of Columbia have different licensing requirements. They accept modified versions of the National Association of Insurance Commissioners Public Adjuster LicensingModAct (NAIC). A public adjuster is defined by the NAIC as "anyone who acts or assists in the negotiation settlement or implementation any type of compensation claim for first-party." Public adjusters are anyone who solicits business from public adjusters. Anybody who assists with the adjustment of losses, counseling an insured insurance company, or investigating the first-party claim.
These adjusters are also known as public adjusters or private adjusters.