There will be times that you may not need a public adjuster because the damage is so minimal that hiring one wouldn’t make sense, but when the moment arises that you need one because you can’t sort it on your own, you should understand the fees and structure associated with an expert public adjuster in Miami. Before anything, you must decide whether you need a public adjuster. Whether it is because you don’t have time to manage the claim yourself, you don’t comprehend the complexity of your policy, your insurance company is giving you issues, or you feel more confident having an expert by your side. Then consulting a public adjuster is highly advisable. The scheme of your policy will be studied inside and out by your selected public adjuster.
What Should They Charge for Their Services?
There are a variety of ways that the fees associated with your claim can be charged by a public adjuster. Before entering in any contract with a public adjuster, you should know which rate they charge and if you don’t agree, try to settle for a different type of rate. These are the possible ways that a public adjuster can charge you:
Contingent fee: This way is amongst the most used by public adjuster. A contingency fee is when a percentage of your settlement claim, typically, not more than 20% in Florida for non-disaster related, and if it is because of a disaster, not more than 10%, goes to them after you have won your claim. In other words, you don’t get charged anything upfront. They won’t get money until you have won.
By the hour: Despite it being the least favorable way of charging you, there are some that will elect this method. The range of the hourly rate will depend on what state you are situated in, the amount of experience they have, and your policy coverage. They should be able to predict the number of hours they will take.
Flat rate: A flat rate may be charged when your public adjuster sees a very clear outcome in a simple case.
It is always wise to watch out for scammers. There are many out there. But for most of cases, most public adjusters are competent and honest with their work. Our integrity and will to succeed here at our Miami Public adjuster firm is what makes us prideful of the work we do for all our clients. We restore homes and lives.