The maximum percentage that a Florida public adjuster can charge for a claim is 20% of the claim paid after signing the contract with him. If the governor's office declares an emergency, that fee is reduced to 10% for any claim made in the first year after the date of loss. Sometimes, the public adjuster is paid an agreed hourly rate for the hours they work on a customer's complaint until it is resolved. The most common rate structures for public appraisers include fixed rates, hourly rates, or contingency rates.
In any case, it can be a daunting task and usually a property insurance claim is not filed accurately like a licensed public appraiser can do, YOU should be as detailed as possible. Having an adjuster throughout the process not only protects the policyholder from any inconvenience due to lack of experience, but it is a slow process that is then laborious on the part of the appraiser. Watch the video below for a summary of the steps involved in the licensing process for Florida public appraisers. Unlike public appraisers, independent appraisers represent an insurance company and will not work for a private client.
A public adjuster can help them reopen a claim and file a supplemental claim for additional payments with their insurer. The hourly rate will depend on the state you are in, the experience and knowledge of the public adjuster, your operating costs and the type of policy to which your application pertains. If you have signed a public adjustment contract, your budget is included and you will not be separately billed for that service. Therefore, highly qualified adjusters can be expected to be better able to achieve a higher benefit settlement amount than an adjuster who is not a real expert.
Always remember to settle a fee and a form of payment with your public adjuster before entering into any agreement. Public insurance appraisers are the only property loss professionals who work on behalf of policyholders. An insurance company adjuster This is an adjuster employed by the insurance company where your insurance claim is filed. You may want to check with the state agency of public appraisers for more details, in Georgia; this would be GAPIA.