Insurance Claim Underpaid

Do you Have an Insurance Underpaid Claim? Here’s What You Should Know

You may be familiar with the annoyance of having an insurance claim underpaid if you own real estate. It’s a widespread problem that many people face, and regrettably, insurance firms frequently use it as a purposeful ploy. Numerous instances where insurance companies provide settlements substantially less than what our customers deserve have been witnessed by Florida’s Best Public Adjusters. However, why do insurance providers first underpay claims? Knowing why will give you an advantage.

Refuse to Take an Insurance Underpaid Claim for Granted

Let’s tackle the big issue: insurance companies consistently underpay claims. The question is not if it will happen to you, but rather when. It’s essential to comprehend why this happens and what you can do to make things right if you want to make sure you get the maximum settlement you deserve.

The Underpayment Motive Driven by Profit

The purpose of insurance businesses is to generate revenue. Although they are legally required to uphold their end of the bargain and pay legitimate claims, their main objective is to increase profits. They do this, in part, by reducing the amount of number of settlements. Insurance firms might increase their profits by underpaying claims since they are conserving money at the expense of policyholders.

Strategies for Underpaying Claims

Insurance firms undervalue property damage, contest the scope of coverage, and stall the claims procedure, among other strategies, to underpay claims. These strategies aim to exhaust policyholders and coerce them into taking less than what is rightfully theirs.
You have rights as a consumer. You are under no need to accept obligation for the insurance company’s initial offer, particularly if you feel it is insufficient. You should fight for a just resolution and contest the original settlement. At this point, a public adjuster’s function is quite valuable.
Licensed professionals who evaluate, record, and negotiate insurance claims on behalf of policyholders are known as public adjusters, such as those here at Florida’s Best Public Adjusters. Public adjusters only work for you, the policyholder, making sure you get the highest settlement possible under your policy, as opposed to insurance company adjusters who serve the insurer’s interests.

In conclusion, act now.

Don’t wait any longer if you think your insurance company is underpaying your claim. For a free claim assessment, get in touch with Florida’s Best Public Adjusters.  Get the benefits you are due by scheduling a free claim examination with Florida’s Best Public Adjusters. Never accept anything less.

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Aaron Skloff
Aaron Skloff
October 30, 2023
Stephen was very knowledgeable and sincerely took an interest.
D H
D H
July 28, 2022
Florida’s Best Public Adjusters ARE the best. Our adjuster came to the house a few times to scope out the damage from a water leak and he spent quite a bit of time measuring the affected areas. The resulting claim amount was amazing. If we had handled the insurance company ourselves we would have come up way short. We highly recommend and trust Florida’s Best. Thanks Julian!
Erika Clancy
Erika Clancy
May 1, 2022
Stephen Lippy was great to work with! Very informative and communicative throughout the process. We were not familiar with the public adjusting process but Steve and his team helped walk us through everything and explained things very thoroughly.
Ken Fraidin
Ken Fraidin
April 8, 2022
Julian & Florida's Best Public Adjusters were extremely helpful in getting winning my claim. They were easy to work with, very responsive & made the process very easy. I recommend them highly.
Miriam B. R.
Miriam B. R.
May 6, 2021
Stephen Lippy is a professional and experience PA. Stephen is knowledgeable and reliable. He provided personal attention and was always available to answer all questions. Excellent services!
Nekisha Hyman
Nekisha Hyman
May 5, 2021
Receive a referral from a friend for this company. I was very pleased with the way they handled my claim and were able to resolve my issues without too much hassle from the insurance company. Their follow through is amazing. The follow up after things are resolved is exceptional.
scott solomon
scott solomon
May 4, 2021
The professional service we received made our insurance claim easy.
Ryan Steele
Ryan Steele
March 17, 2021
Stephen got my denial reversed….had all to do with his reputation, and not the “luck of the Irish” on this St. Patrick's day! Him and his team are very professional, responsive and caring during the entire ordeal. If they are not on your team, you have chosen poorly.
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CEO & Founder of Florida’s Best Public Adjusters

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