Public Adjusters are experts on property loss adjustment who are retained by policyholders to assist in preparing, filing and adjusting insurance claims.
Employed exclusively by a policyholder who has sustained an insured loss, these professionals manage every detail of the claim, working closely with the insured to provide the most equitable and prompt settlement possible.
A Public Adjuster inspects the loss site immediately, analyzes the damages, assembles claim support data, reviews the insured’s coverage, determines current replacement costs and exclusively serves the client, not the insurance company.
Appraisal Clause
When to Invoke your Appraisal Clause
appraisal clause
The Appraisal Process – Know your rights!
You should know that you can dispute your insurance company’s findings by invoking the Appraisal Clause of your insurance policy, if you disagree with your insurance company’s evaluation of the loss and believe that the offered compensation is not sufficient to cover your loss.
Most Insureds are unaware of their right to invoke the Appraisal Clause. Click “Read More” to further educate yourself on this option.
Mold
Mold can be Extremely Dangerous
Mold Inspection, Mold Testing and Mold Remediation
Many people are not aware of the health dangers stemming from mold exposure. You may already be aware of the fact that many molds can cause allergic reactions, but did you know that certain molds can also release toxins which can cause severe health defects? An estimated 25 million Americans have allergic reactions due to fungal exposure.
Why engage the services of a Public Insurance Adjuster to assist you with your claim?
Just as you would retain an attorney for a legal dispute, hire an accountant for a difficult tax issue or a home inspector when buying a home, you should retain a public insurance adjuster when you have a large insurance claim. Ben Gruber Adjusters, Inc. has worked in the insurance claims industry for over 5 decades. We bring our experience and knowledge to help you get the proper amount of money for your insurance claim. We will work solely for you, the policyholder to recover all the insurance monies due and “even the playing field” with your insurance claim.
Ben Gruber Adjusters, Inc. strives to give our customers premium representation when adjusting and negotiating their claims for property loss. As Public Adjusters, we represent people in both residential, as well as the commercial and business community with claim preparation, claim issues, investigation, analysis and negotiation.
Interpreting an insurance policy after a disaster occurs, can be both confusing and exasperating for policyholder. As your retained public adjuster, we will work swiftly and diligently on your behalf while assuring that all applicable coverage are applied and settlements are maximized.
Moreover, our process and techniques are specifically designed to determine and support damages most often overlooked and underpaid by insurance company, allowing dramatic increases in settlement amount.
The nature of our business is to take the burden of dealing with such property losses off of the shoulders of policyholders like yourself, manage your recovery while protecting your interests. A public adjuster is paid on a contingency basis, in other words, “if you don’t get paid, we don’t get paid”.
It is our objective to manage the claims process in a fashion best suited to your needs, while maximizing your settlement. Having us on your side ensures that your final settlement offer will cover your loss.
The Appraisal Process – Know your rights!
You should know that you can dispute your insurance company’s findings by invoking the Appraisal Clause of your insurance policy, if you disagree with your insurance company’s evaluation of the loss and believe that the offered compensation is not sufficient to cover your loss. Most Insureds are unaware of their right to invoke the Appraisal Clause.
How Does it work?
The Appraisal Clause grants you the right to engage an independent Appraiser to determine the value of the loss. Both parties (you and the insurance company) engage their own autonomous Appraisers, and the two Appraisers will choose a non-biased Umpire. In the event of a disagreement, the two Appraisers present their findings & differences to the Umpire who will make a ruling. These three individuals are known as the Appraisal Panel.
The goal of the Appraisal Panel is to determine the value of a loss and to agree to a fair settlement amount. When the Appraisal Panel has been appointed, both Appraisers will examine the affected property, associated documents, estimates, and discrepancies.
These two Experts will attempt to negotiate and settle the fluctuations of the loss value between themselves. If they come to an agreement, means a fair settlement amount has been established, the claim is settled. However, if they can’t consent they will present their findings to the Umpire for a decision.
The Umpire’s decision becomes only valid by a majority agreement, which means that any one of the two Appraisers has to agree to the Umpires decision. Once the award agreement has been signed by the Umpire and any one of the two Appraisers, the amount on the award is binding and is paid by the insurance company to you.
You should also know that there is no set regulation as of how fast you have to invoke your Appraisal Clause after a loss.
