If an appraiser is found to have committed fraud, loses their license, pays fines and faces criminal charges. Not only that, but they are NEVER out loud to apply. Many are under the impression that public appraisers somehow defraud insurance companies into paying scandalous amounts of money so that they can capitalize on it, leaving the poor company ruined and penniless. Make sure you don't confuse your local agent with the insurance company.
They are not the same thing. Insurance companies are multi-billion dollar companies that don't really want a pity party or your loyalty, they want your business. Local agents simply sell you a policy and charge premiums for the company, but being a different business, public appraisers present an argument for the policyholder using state statutes, building codes and insurance information and submit them to the insurance company. The insurance company then tries to refute the case, just like in a trial case.
The two go back and forth negotiating, until a fair agreement is reached. Once the agreement is reached, the airline issues the payment to the policyholder and the public adjuster. There are no tricks or frauds, the insurance company simply sees the loss as it is and promises to pay what is owed. No, they don't like it, but they nevertheless commit to paying the right amount.
Insurance fraud is a serious crime and not many adjusters get away with it. Not only that, but they NEVER speak out loud again to apply for the license. Most Adjusters aren't willing to risk everything for a few extra dollars. Public insurance appraisers are the only property loss professionals who work on behalf of policyholders.
Individuals and businesses hire public insurance adjusters when they need help filing a claim or believe that the claim amount offered by an insurance company is incorrect. Insured persons are at a vulnerable time after a disaster, the unauthorized practice of public adjustment only serves to aggravate the problems they face by overestimating the amount of work that must be done to repair or replace a property, or by leaving a job entirely after collecting the money of the insured. There are several things a policyholder can do to make sure they're hiring a good public appraiser. However, if no one you know can make a recommendation, ask the public appraiser in question for the contact information of some of your previous customers.
A landlord may decide to hire a public appraiser if they have a potentially significant claim and are concerned that everything is covered. Claims for damage caused by floods, fires, smoke, wind and hurricanes, as well as other hazards, can be filed and negotiated by public appraisers. Similarly, if you're simply too busy to manage the claims process on your own and need help, a public adjuster may be an option for you. They have a different work ethic, most public appraisers file ALL claim documentation, investigate and examine the property (which includes tons of measurements, photographs and notes), write a professional, detailed and damage estimate and report, meet with insurance staff more than once in the property to research, discuss and make countless phone calls and emails throughout the process.
While insurance companies don't like it when you hire a public adjuster (because they end up paying 747% more), they can't increase your insurance premium for that reason. For example, if the claim is resolved and additional damage is discovered during repairs, you may want to hire a public appraiser to assess the total cost. A public adjuster cannot request or accept an allowance of insurance policy income from a customer. After Hurricane Michael, and as Hurricane Dorian approached Florida, it was reported that Patronis held a private phone call with representatives of Florida insurance companies saying that he would do everything possible to eliminate roadblocks provided by public appraisers and attorneys.
For example, an adjuster may know that your company is interested in working on your fire claim, but another company adjuster may have more experience with fire damage and process your claim from then on. You can also see if they are members of the National Association of Public Insurance Adjusters. It is important to note that a licensed public adjuster is regulated by the State and works to cover a fixed percentage of the claim; whereas a UPPA violator has the motivation to charge policyholders more than normal because they are not regulated. Many homeowners choose to hire a public appraiser if the damage is extensive or if it is difficult to determine how much damage has occurred.