They work for you to help you prepare, file and settle your claim. You hire a public appraiser by signing a contract in which you agree to pay a. Your public appraiser should help you with each part of the claim. Your public appraiser will assess the damage, determine a cost estimate, and even negotiate with your insurance company on your behalf.
Your insurance adjuster's goal is to maximize your claim. When you file a claim, your homeowners insurance company will assign you a claims adjuster. The appraiser's job is to assess the damage to your property and determine a fair amount of payment based on the levels of coverage you have in your policy. You probably don't have much experience handling an insurance claim, you don't know very well the local laws on insurance claims, and you may not have any training to help you process the claim to maximize your settlement.
However, a public appraiser does and will use their experience and education to help you get a larger settlement. For example, if the claim is resolved and additional damage is discovered during repairs, you may want to hire a public appraiser to assess the total cost. If you go directly to a lawyer, your lawyer will likely hire a public appraiser to investigate the claim. Many public appraisers work on a contingency basis, meaning that they don't get paid until a settlement is reached.
First of all, as an Illinois certified public appraiser, AllCity only uses the industry's leading estimation software. Finally, an AllCity public appraiser can help you determine the limits of your policy, analyze your endorsements, and understand the limits on the value of repairs and replacement costs. Generally, a public appraiser handles the entirety of a claim on behalf of their clients, including communication with the insurer, but some policyholders may want to participate in some measure. If you don't know anyone who can recommend an adjuster they've worked with personally, ask your prospective adjuster for the contact information of some of their previous customers.
For many, hiring a public appraiser means that they have someone to think and negotiate on their behalf. A public appraiser is a critical component in your search for the maximum settlement, as they have the ability to help you get more to cover damage to your property. A public appraiser can take some guesswork out of the process, but this convenience comes with an out-of-pocket cost. It can be difficult for a policyholder to complete these forms accurately, but a public claims adjuster can prepare and submit this information for each policyholder's unique claim.
You'll have to pay a fee to hire one of these licensed professionals, but a public appraiser can save you a lot of money by ensuring that your insurance company pays the full amount you're responsible for, depending on your coverage. Public insurance appraisers must be licensed in each state in which they practice their profession and, like other professionals, must participate in continuing education courses to retain their license. A landlord may decide to hire a public appraiser if they have a potentially significant claim and are worried that they will cover everything. Insurance agencies generally understand the desire to hire an additional lawyer and respond in a professional manner when hiring a public appraiser.