Florida public appraisers must take 24 hours of specific continuing education courses for public appraisers to renew their license. Courses for independent adjusters do not meet the CE requirements of state public appraisers, so it's best to check the specifications of public adjusters before purchasing them. Florida and many states require public insurance adjusters to be licensed by the state government. This licensing requirement ensures that all individuals who offer their services as public appraisers have a basic level of competence in their field and that they comply with all relevant laws and professional standards.
A public appraiser in Florida needs to obtain a Florida public appraiser's license for 3 to 20 years to legally offer his services to the public as a public appraiser. To obtain a Florida public appraiser license, you must be at least 18 years old. You must also be a citizen of the United States or a temporary resident with a work authorization from the United States Immigration and Naturalization Services. There are additional prerequisites depending on whether you are a Florida resident or not.
The court found that, since the public appraiser had a contract with the policyholder, he could not qualify as a “disinterested appraiser.” A public appraiser is defined as any person, except an attorney, who prepares, completes, or submits an insurance claim form for an insured person or a third person in exchange for a price (money, commission, or anything of value). The other major public appraiser license in Florida is called the 6- to 20-line insurance adjuster license. These are the basic elements of the work of the public appraiser, but some of the most important aspects of the profession are determined by those for whom the adjuster works. Once you have completed the requirements, the state government will send you an email confirmation that your Florida public appraiser license is now active.
When beneficiaries of an insurance policy file a claim on that policy, they usually hire public insurance adjusters to represent their interests in resolving the claim. A public adjuster can also act on behalf of or help an insured person negotiate the resolution of a claim. Unlike other types of bonds, Florida's publicly appraised bonds do not require a credit check and all major bonds qualify for the same low premium rate. Public appraisers provide an important service by holding insurance companies accountable to their policyholders.
The Florida Department of Financial Services oversees the licensing process and has specific guidelines for obtaining a Florida public appraiser license. While a public appraiser can also be an appraiser, they cannot hold both positions for the same case in Florida. An independent appraiser means a person licensed as an all-line adjuster who is self-appointed or appointed and employed by an independent adjustment firm or other independent appraiser, and who undertakes, on behalf of an insurer, to determine and determine the amount of any claim, loss or damage payable under of an insurance contract or undertakes to effect the settlement of such claim, loss or damage. For a person with the right skills and aptitudes, becoming a public adjuster is a challenging but rewarding career.
You must keep this appointment for at least six continuous months before applying for a public appraiser's license for 3 to 20 years. As mentioned above, there are fees that must be paid during the process of obtaining a public appraiser's license.