Public Loss Adjusters are a nationwide insurance claims management company who cover the whole of the United Kingdom. Their aim is to help businesses and homeowners with property claims by ensuring that they receive their full entitlement when they have to submit a property claim. Public Loss Adjusters specialise in insurance claims related to fire, flood, storm, impact, theft and subsidence damage.
Generally, when you submit an insurance claim to your insurance company, they will send out a loss adjuster who will assess any damage that may have been caused. They will then report back to your insurer to make a recommendation of the costs involved to repair your property. Your insurer will then submit an offer to the policyholder.
One of the main problems with this is that generally, the policy holder may know the real costs of repairs and also how much they should be entitled to for any other losses. This is where Public Loss Adjusters can help. Because they work independently of the insurer they can identify the real cost of repairs and losses whilst working on behalf of the policyholder.
In other words, Public Loss Adjusters will be working on your behalf to ensure that you receive your full entitlement. Many insurance policyholders simply do not know that this type of service is available to the general public but in fact, you are perfectly within your rights to use take advantage of a service like this.
Many policyholders have the mindset that because they are paying for an insurance policy, they generally trust their insurer to look after them. What they may fail to grasp is that an insurance company is a still a business and they have to make a profit. After all, they would not exist if they didn’t make any money, would they?
Appoint a Loss Adjusting Company to Work on Your Behalf Instead
Once you appoint Public Loss Adjusters they will manage the claim entirely on your behalf. This will include all negotiations with your insurer. They will also thoroughly examine all the fine print on your insurance policy to ensure that they claim on everything that you are entitled to. Dependent on your policy, this may include amongst others, making a claim for alternative accommodation, loss of earnings, loss of rent, any contents in your property.
At this point in time you may be asking what is in it for Public Loss adjusters? Well they offer 2 services to choose from. First of all, they offer an insurance claims management only service where the policyholder can opt to take a cash settlement. For this they charge a straight 10% (plus vat) commission from the final figure. There are no upfront costs as this fee is deducted directly from the final settlement figure that the insure pays out.
The second and most popular option is to allow Public Loss adjusters to manage your property claim and appoint one of their reputable recommended building contractors. With this option any fees that are due will be paid for by the building contractor that is appointed to repair your property.
If you would like to know more about the services that Public Loss Adjusters offer, please feel free to visit their website: www.publiclossadjusters.com