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10 Things People Tell You About Public Adjusters That Are True and False

Posted on January 22, 2024 by admin

INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.

Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Scott Friedson.

The Scott Friedson Commentaries

Price and Friedson take a look at some of the myths around know public adjusters
1. **True:** Public adjusters can maximize your insurance payout: They work to ensure you receive a fair settlement, but there’s no absolute guarantee of a higher payout.
2. **False:** Public adjusters are always necessary: While beneficial in many cases, not every insurance claim requires a public adjuster. Simple claims may be handled effectively without their assistance.
3. **True:** Public adjusters are paid on a contingency basis: Most public adjusters charge a percentage of the final settlement, incentivizing them to secure the best possible outcome for you.
4. **False:** Public adjusters can guarantee a quick resolution: While they may expedite the process, the speed of claim resolution depends on various factors, including the complexity of the case and the insurance company’s responsiveness.
5. **True:** Public adjusters handle the entire claims process: They take on tasks like documentation, negotiations, and communication with the insurance company, relieving you of these responsibilities.
6. **False:** Public adjusters are only for large claims: Public adjusters can assist with claims of any size, but their services may be particularly valuable for complex or high-value claims.
7. **True:** Public adjusters must be licensed: They are regulated and must obtain a license to operate, ensuring a level of professionalism and adherence to industry standards.
8. **False:** Public adjusters can guarantee a claim approval: While they increase the likelihood of approval, guarantees are rare as it ultimately depends on the validity of the claim.
9. **True:** Public adjusters can help reopen denied claims: In some cases, they may be successful in reopening denied claims and negotiating a more favorable outcome.
10. **False:** Public adjusters work for insurance companies: Public adjusters work independently and advocate for the policyholder, not the insurance company. Their goal is to secure the best outcome for you.

Insurance Claim Recovery Support (ICRS), public insurance adjusters are licensed in many states and exclusively represent Commercial, Multifamily and Property Management policyholders.  Led by Scott Friedson, he has settled over $100 Million in property damage insurance claims ….No Recovery, No Fee. www.insuranceclaimrecoverysupport.com

Insurance Claim Recovery Support LLC (ICRS) is led by Scott Friedson, Public Adjuster & CEO with over 20 years of experience in commercial real estate. Licensed in multiple states, the firm of Public Insurance Adjusters is dedicated to exclusively representing the interests of Commercial and Multifamily policyholders as well as management companies whose real estate assets have suffered fire, hail, wind, water, vandalism, business interruption or other storm damages. Scott retired as CEO of National Income Property LLC, a Texas based commercial real estate brokerage firm specializing in apartment complex acquisitions and dispositions after Mr. Friedson and partners sold their multifamily holdings in Houston, TX and won the Paragon Award from the National Apartment Association for Real Estate Investors of the Year 2007. Today, Scott is still an avid passive real estate investor.

Scott’s reputation as a diligent & ethical commercial real estate professional has earned the trust of some of the largest commercial property owners and management companies in the U.S. to settle complex insurance claims. He routinely manages risk and liabilities associated with property damage insurance claims and has settled over $100 Million in commercial property damage insurance claims solely on the behalf of insured policyholders. ICRS’ track record for settling claims and avoiding unnecessary litigation or appraisal is impeccable. The firm offers comprehensive property claim adjusting, estimating, forensics engineers, building consultants, damage appraisers, weather data, policy interpretation building code/ upgrade analysis, & business interruption claim documentation to support the maximum benefit in the shortest amount of time possible.

 

For more great lifestyle content see here.

LISTEN TO THE INTERVIEW IN ITS ENTIRETY HERE:

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