Maximizing Insurance Claims with the Best Mediation Public Adjuster
When a hurricane strikes, the damage can be devastating, leaving homeowners and property managers scrambling to recover. In these trying times, it’s crucial to have a trusted ally on your side to ensure you receive the compensation you deserve. At Florida’s Best Public Adjusters, we specialize in maximizing insurance claims as the best mediation public adjuster, providing expert guidance, and delivering results that exceed expectations. In this blog, we’ll delve into the role of public adjusters, how we help our clients, and a real-life example of our success in securing a significant settlement for a client affected by Hurricane Ian.
The Role of the Best Mediation Public Adjuster
Public adjusters are licensed professionals who represent policyholders in the preparation, presentation, and negotiation of insurance claims. Unlike insurance company adjusters who work for the insurer, public adjusters advocate exclusively for the policyholder. Their goal is to ensure the policyholder receives the maximum compensation for their losses.
Why Hire the Best Mediation Public Adjuster?
Hiring the best mediation public adjuster can significantly benefit policyholders, especially in complex or large-scale claims. Here are a few reasons why:
Expertise and Knowledge: The best mediation public adjusters have in-depth knowledge of insurance policies and the claims process. They understand the nuances of coverage and can identify all potential areas for compensation.
Accurate Damage Assessment: Public adjusters conduct thorough inspections and document all damages, often uncovering losses that the insurance company’s adjuster might miss.
Negotiation Skills: With their experience in dealing with insurance companies, public adjusters are skilled negotiators who can effectively advocate for a fair settlement.
Time Savings: Managing an insurance claim can be time-consuming and stressful. Public adjusters handle all aspects of the claim, allowing policyholders to focus on recovery.
Case Study: Mediation Success | Hurricane Ian Claim
In this case study, we’ll explore how the best mediation public adjuster, Florida’s Best Public Adjusters, secured a substantial settlement for a client with multiple properties in Cape Coral, Florida, after Hurricane Ian.
Background
Hurricane Ian hit Cape Coral with winds ranging from 71 to 110 MPH, causing significant damage to the client’s portfolio of 35 residential properties. These properties were insured under a master policy with individual deductibles. Initially, the insurance company, through their adjustment firm, inspected only 12 of the 35 locations and offered a settlement of $123,055.95 after applying a 5% deductible.
Engaging the Best Mediation Public Adjuster
Three and a half months later, dissatisfied with the offer, the client contacted Florida’s Best Public Adjusters. After interviewing several firms, they chose us for our expertise and proven track record.
Comprehensive Damage Assessment
Over a 10-day period, our team inspected all 35 properties and found damages on 21 properties, not just the 12 initially identified by the insurance company’s adjuster. We prepared a detailed 231-page estimate and took approximately 4,200 photographs, which we submitted to the insurer, totaling $1,704,171.15. Along with this, we submitted the required proof of loss.
The Negotiation Process
Upon receiving our estimate, the insurance company re-inspected the properties but delayed their response for nine months. Eventually, we enlisted the services of legal counsel, and after filing a notice of intent to sue, the insurer tendered a check for $396,000 and requested arbitration if mediation failed.
Mediation Success with the Best Mediation Public Adjuster
Due to the complexity of the claim, we recommended separating the mediation into two dates. Our revised estimate, based on actual repair costs, and a comprehensive spreadsheet comparing estimates, facilitated effective negotiations.
During the first mediation session, we agreed on an additional $120,000 for the first 10 properties. Two weeks later, we settled on an additional $250,000 for the next 10 properties. To date, we have settled on 20 of the 21 properties, with an expected final payment of $14,250 for the remaining property.
Outcome
Before engaging the best mediation public adjuster, the insurer offered $123,000. After our involvement, the total amount received was $780,250, an increase of 634%. This outcome aligns with the average increase we achieve for our clients on hurricane wind claims.
Conclusion
At Florida’s Best Public Adjusters, our mission is to ensure that policyholders receive the maximum compensation they deserve. Our expertise, thorough damage assessments, and skilled negotiations have consistently resulted in substantial settlements for our clients. If you need assistance with an insurance claim, don’t hesitate to contact us. Let us help you navigate the complexities of the claims process and secure the compensation you rightfully deserve.
