Your house is the most significant investment you will ever make. Each year, you invest thousands of dollars in mortgage payments, property taxes, and home renovations and repairs. You will also need to obtain an insurance policy from homeowner insurance companies, and which is also why you should always have a Miami Garden public adjuster there to help you.
A homeowners policy ensures that all the money you invested in your home over the years are given back if your home has suffered damages; If you don’t have an insurance policy and a disaster occurs such a fire or storm and destroy your home you could be left with nothing. Even water damage could destroy the foundation and structure of your house in a matter of hours and leave behind mold that makes it uninhabitable.
What if you are left out in the cold despite having paid your homeowner’s insurance premiums? Happens to homeowners every day. Many insurance companies will deny your claim for whatever reason. If your claim has been denied or you’re home has suffered damages, it is essential to seek the help of a public adjuster in Miami Gardens, FL to ensure you are fairly compensated for the damaged caused in your home.
Many homeowners are unaware of their right to have their independent adjuster evaluate their claim. When you have your adjuster, you are in control of the process. The adjuster works for you and provides you with all of the relevant details of the adjustment process.
During the inspection, your Miami Gardens, FL public adjuster will search for all of the damages, including the ones the insurance company’s adjuster may have overlooked. By having your free home inspection, you know what the cost will be to repair all the damages in your home. You’ve worked too hard and too long in paying for your home to be left without full compensation for the damages. You spent the premiums, and you are entitled to full benefits.
How do homeowners claims get denied?
Homeowners claims are often denied because the insurer alleges negligence. For example, an insurer might claim that a homeowner started a fire out of negligence. In a roof-collapse case, an insurer may argue that the homeowner failed to make timely repairs prior to the collapse and that the collapse only occurred because of the homeowner’s neglect of maintenance.
In most homeowners insurance cases, negligence alleged by the insurance company cannot be proved. Often, an insurance company may try to claim negligence in the hopes that by making the claims process difficult, it can be frustrating for the policyholder, causing the policyholder to give up on the claim. If this happens during your claim, you need a public adjuster in your local area of Miami Gardens on your side.
A public adjuster can inspect the damage and review the claim denial and negligence accusations. In many cases, the adjuster can determine that the negligence alleged by the insurer has no basis in fact. When confronted with the public adjuster’s findings, insurance companies have little choice but to pay the claim.
Homeowners claims may also be denied because of policy exclusions. For example, a policy may exclude damage caused by mold if it resulted from a long-term leak. In cases like this, the insurance company may be incorrect about the length of time the leak was happening. Consulting your own adjuster is a wise move.
Why are homeowners claims undervalued?
When a claim for a covered peril provides no basis for denial based on negligence, the insurance company may try to save money by offering a low settlement. For example, water damage may destroy appliances and personal property, and the insurance company may try to claim that these items were not casualties of the covered event and offer a settlement excluding their value. By hiring a Miami gardens public adjuster, you will get fair compensation for the damages.
Claims are also undervalued because the estimate of replacement costs provided by the insurance company adjuster is too low. Often, insurance companies will try to push the policyholder into accepting less than the total value of the claim. Without evidence to the contrary, insurance companies are unlikely to revise their low estimates. By hiring your own, independent adjuster, you can gain the proof you need to demonstrate the real value of your claim. Presented with these findings, insurance companies must up their estimates.
Failure to account for all of the damages is another primary reason for homeowners receiving undervalued claims payouts. For example, water damage may have caused mold damage that the insurance company’s adjusters failed to note. Without this damage being fixed, the homeowner is likely to experience adverse reactions. Mold problems also devalue homes. An independent adjuster looks for all types of damages and presents the findings to the insurance company, securing the best possible settlement.
How a public adjuster works in Miami Gardens, FL
When homeowners involve their independent adjuster, they receive average payouts that are five times higher than those who rely on the insurance company alone, notes the Florida Legislature’s Office of Program Policy Analysis and Government Accountability. Adjusters who work for the insurance company must keep their adjustments within levels that the company requires.
Insurance companies control costs by keeping claims below a certain level and by making adjusters process a large number of claims quickly. This disadvantages policyholder because the insurance companies adjusters often spend little time thoroughly investigating a claim and aim to keep estimates low.
Private adjusters take the time to assess all aspects of claims. They investigate all damages, including hidden damages that cannot be detected with a cursory, rushed inspection. They also take pains to accurately account for all the costs of repairs and all types of loss the homeowner has experienced as a result of the covered peril.
The Public adjusting process
Your Miami Gardens public adjuster can handle your claim from the beginning. If you have already started the claims process and have met with denial or a low settlement offer, your adjuster can pick up the process from that point. As soon as you start to work with our Miami Gardens insurance claims pros, your stress level will reduce to zero because you’ll know we’ve got your back.
Once you are working with our Miami Gardens private adjusters, we will:
- File your initial claim
- Reopen your existing claim
- Conduct a comprehensive damage assessment
- Create a detailed report demonstrating your damages
- Handle communication with the insurance company
- Be present for all meetings with your insurance company
- Provide ongoing support for your claim
Insurance companies make money by reducing their costs. Keeping claims payouts low and hiring fewer adjusters helps their profits, this often results in hasty damage inspections and low claims payouts.
If you have suffered severe home damages in Miami Gardens, FL, make sure you have the best possible damage assessment. Florida homeowners deal with many perils, from sinkholes to storms. When a disaster places your most valuable asset on the line, call our Miami Gardens insurance adjuster pros. We’ve got your back, and we’ll see to it you get every penny you deserve.