Q&A

FREQUENTLY ASKED QUESTIONS AND OUR ANSWERS:

1. Why should I use Public Loss Consultants as my public adjuster?
2. Why should I consider hiring an expert public adjuster to handle my claim?
3. Why should I choose Public Loss Consultants over anyone else to handle my loss?
4. Why shouldn’t I wait to get an offer from my insurance company before engaging Public Loss Consultants?
5. Why will my loss be handled quicker when I use Public Loss Consultants?
6. Why is a building contractor’s estimate not enough to have the company adjusters make a settlement?
7. How does Public Loss Consultants charge a fee?


1. Why should I use Public Loss Consultants as my public adjuster?
To properly adjust an insurance claim, highly skilled professional insurance experts with a vast knowledge of Insurance Policies, Co-Insurance, Replacement Cost, Depreciation, Inventory, Current Building Repair and Replacement Cost, Damage Assessments and Negotiation are necessary to secure the Maximum Recovery from your insurance policy. Only a full-time Public Adjusting Firm such as Public Loss Consultants has these qualifications. We are Certified and Licensed by the FLORIDA STATE DEPARTMENT OF INSURANCE.

2. Why should I consider hiring an expert public adjuster to handle my claim?
We have the knowledge of fire, heat, smoke, water, wind and other types of damage, including “Hidden Damage”. We have the latest in construction knowledge and value analysis information, deprecation and other elements to expertly develop an insurance loss. Consider when you have a legal situation where you are attempting to get paid for an injury or other loss. You hire a Lawyer, usually even in the case where only a few thousand dollars are involved. You trust his professional experience to best protect your financial interests. Shouldn’t you have that kind of expert protection in a loss involving several thousands of dollars in a property loss? You know the insurance company hired a professional adjuster to represent their interest.

3. Why should I choose Public Loss Consultants over anyone else to handle my loss?
Public Loss Consultants has taken the time to employ adjusters who have the experience and versatility to handle a wide range of claims. These adjusters are experienced in handling Restaurants, Hotels, Motels, Amusement Parks, Super Markets, Municipalities, Retail Stores, Wholesale Outlets, Marine and countless numbers of Home Owners Losses. We have the experience; expertise and capability to best protect your financial interest. We have the most current data and latest computers systems to process your claim with complete accuracy. Our professional public adjusting firm is the Most Qualified to handle all aspects of your insurance claim.

4. Why shouldn’t I wait to get an offer from my insurance company before engaging Public Loss Consultants?
The insurance company makes a dollar evaluation (an estimated “reserve”) on your lossAlmost immediately upon first inspecting your loss. In most states, it is an absolute requirement. The adjuster bases his decision on what you know about the loss and what you tell him (and what you don’t tell him). He certainly is hired by and paid by the insurance company therefore his interest is to best protect the company. Unless some agreements are made initially about the scope of the loss, what is to be done next (temporary repairs, temporary business or living quarters, etc.), serious problems arise that could jeopardize the final settlement figures. To avoid misunderstandings, long delays and reduced settlement figures, it is wise to hire a Public Adjuster to deal with possible problems before they occur. You certainly are much better off hiring a lawyer immediately when you are first involved in another type of claim, not when you lose the case and go to appeal. Shouldn’t you hire your Public Adjuster immediately to be sure you are protected? Certainly!

5. Why will my loss be handled quicker when I use Public Loss Consultants?
Public Loss Consultants knows exactly what is necessary to provide to the insurance company in order to expedite the settlement of you claim. A great deal of time can be saved by having our Professional Public Adjusters, who have experience as full time loss experts, handle your loss. With accumulation of evidence and substantiation of your loss through inspections, inventories and building estimates. We are able to quickly have your claim filed and the settlement process under way.

6. Why is a building contractor’s estimate not enough to have the company adjusters make a settlement?
Building contractors do not have experience in interpreting insurance policies and how they apply to a loss. They are not knowledgeable in computing Depreciation, Co-Insurance, Actual Cash Values Divisions of the policy and other elements of your loss. Further, a contractor is competitive with his bid, attempting to provide his lowest bid so as to get the job. Hidden heat, smoke and water damage could cause you problems after you settle your loss. If the job is given to competitive bid, it usually means the lowest bid will get the job. It is certainly much better for you to have control of your money, to hire who you choose, and pay them as you see fit for the quality of the work performed to your satisfaction. You then control what and how repairs are made. Further, a contractor cannot handle your Contents, Business Interruption or Living Expense loss or other losses related to the policy.

7. How does Public Loss Consultants charge a fee?
We charge a small percentage of what the insured receives in settlement. We do not receive any fee until the insurance company actually issues the check to you. Secondly, because we do work on a percentage of the recovery, we will endeavor the greatest amount in settlement for you. We will advise you of any offer, and it will be your final decision to accept or reject the offers of the settlement. This “Contingent Fee” is very similar to how many Attorneys and Realtors charge their fees.