Why Filing an Insurance Claim Without a Public Adjuster is a Risk

Why you may want to seek assistance from a public adjuster Before going to details, let’s beat around the bush a little. That way, you may find out about the dangers waiting for you beforehand. Well, there are three kinds of public adjuster available. They are: Company adjuster Independent adjuster Public adjuster A company adjuster [...]

Why Filing an Insurance Claim Without a Public Adjuster is a Risk2021-05-09T00:51:04+00:00

Reopening businesses face high liability insurance premiums

Companies beginning to reopen across the country may face premium rate hikes for third-party liability insurance as insurers weigh the risks of novel coronavirus contagion in industries with higher levels of personal contact. Nearly two months after many non-essential businesses were forced to shutter their doors, provincial governments have begun to give the green light [...]

Reopening businesses face high liability insurance premiums2021-04-22T16:09:52+00:00

California Forbids Insurance Carriers From Leaving Fire-Prone Communities

California forbids insurance carriers from leaving fire-prone communities for 1 more year The state insurance commissioner on Thursday (November 5) issued an order forbidding insurance companies from canceling or declining to renew property insurance policies for one year in communities hit by wildfires. The move is expected to affect 2.1 million policy holders, nearly a [...]

California Forbids Insurance Carriers From Leaving Fire-Prone Communities2021-04-22T15:22:45+00:00

Public Adjusters Equal Higher Payouts For Property Damage Claims

The majority of insurers will Low-Ball Your Damage Claim There is a perception that most insurers try to outwit and outsmart their clients during the damage claim process. At the time of settlement from serious property damage claims like fire, a broken water pipe, or heavy storms, carries will attempt to pay out as little [...]

Public Adjusters Equal Higher Payouts For Property Damage Claims2021-04-21T17:55:38+00:00

Business interruption coverage: Are pandemics covered?

Another potential exposure for insurance companies comes from business interruption coverage, which is typically included in property policies and indemnifies companies for loss of profits if the business is shut down for reasons specified in the contract. Typical all-risk commercial property policies insure against direct physical loss or damage to covered property resulting from any nonexcluded risk. New Litigations [...]

Business interruption coverage: Are pandemics covered?2021-04-22T16:10:26+00:00

How a fire insurance adjuster helps

Expert Fire Damage Claims Assistance from Start to Finish: Most property owners have limited experience with fire damage insurance claims. They don’t know how claims work – and that’s okay! Unfortunately, insurance companies take advantage and may try to trick you. When you hire a  public adjuster, you get expert assistance on your side. Avoid [...]

How a fire insurance adjuster helps2021-04-22T16:03:32+00:00

The Advantages to working with a public insurance adjuster

There are only 3 parties who can negotiate insurance claims on behalf of the policyholder in any particular instance, and those are attorneys, the policyholders themselves, and a licensed public adjuster. There’s a possibility that an insurance company may consult an independent adjuster or contractor but that consultation won’t be legally binding, although it may [...]

The Advantages to working with a public insurance adjuster2021-05-09T01:25:05+00:00

Commissioner Lara requires investigation on business interruption claims caused by COVID-19

by COVID-19 LOS ANGELES, Calif. — After receiving numerous complaints from businesses, public officials, and other stakeholders of certain insurance representatives attempting to dissuade business policyholders affected by COVID-19 from filing a notice of claim under its business interruption insurance coverage or refusing to open and investigate these claims upon receipt of a notice of claim, [...]

Commissioner Lara requires investigation on business interruption claims caused by COVID-192021-05-09T01:24:13+00:00

Court Rules California FAIR Plan Can Offer Only Fire Insurance

California’s insurance industry pays into the FAIR Plan, a fund that sells coverage to people who can’t buy it through no fault of their own. Known as the “insurer of last resort,” it only offers fire insurance. Homeowners must purchase a second plan in the private market to cover other hazards. Devastating wildfires have plagued [...]

Court Rules California FAIR Plan Can Offer Only Fire Insurance2021-05-09T00:58:13+00:00