When you suffer property damage, it is natural to feel like the insurance company should be on your side. After all, they are the ones who are supposed to be helping you recover from the damage you’re facing, right?
In our time, we have seen many claims come through our office that were already denied by the insurance company. Oftentimes, this is because companies are looking for any reason to not pay out on a claim. Now, with the new arbitration laws in Florida, it may become even harder for you to stand up to a negligent insurance company.
Unfortunately, the insurance company simply isn't on your side in the claims process, and we'll explain why in this blog. Remember, it is always more beneficial to call Liberty Adjusters before you file a claim! We will work on your behalf to get the best possible outcome for your case! Get started today!
The Incentivization of Your Insurance Company
The more obvious tell that the insurance company isn't on your side is the fact that they are incentivized to pay out the smallest amounts possible. In other words, the more money they can save on claims, the more money they make in profits. This is why it is so important to have an adjuster working on your case who understands these interests and can be your best advocate.
In fact, a public insurance adjuster is the complete opposite! We are incentivized to get you the most money possible for your claim because we only get paid if you do. This means that we have a vested interest in making sure you are fully compensated!
Learn More > Independent vs. Public Adjusters
The Difficult Process of Filing a Claim
Another red flag is that insurance companies make the process of filing a claim very difficult. They know that the majority people (who are not familiar with the process) will give up or make mistakes that will hurt their chances of getting a fair settlement.
The process could always be simplified, but like a test with endless trick questions, it is made overly difficult by design.
This is where we come in! Liberty Adjusters can help you through every step of the claims process so that you have the best chance possible of getting a fair settlement. We know the strategies the insurance companies use and how to fight back against them!
A Whole Team Against Your Claim
Insurance companies have a team of adjusters, lawyers, and investigators whose job it is to find any reason why they shouldn't have to pay out on a claim. After your claim is filed, they will send out their own insurance adjusters to your property.
These adjusters work for the insurance company, and their job is to find ways to minimize the amount of money paid out on claims. Their job is to inspect the damage, determine the cause, and provide an estimate on your damage. The insurance company's adjusters may try to lowball you on your estimate or even tell you that certain damage isn't covered.
This is why it is so important to have a professional public adjuster working on your case! We're your only line of defense against the insurance company's team. We will inspect the damage, keep their adjuster honest and in check, provide our own estimate, and fight for you to get the full compensation that you deserve!
Don't fight the insurance company alone - Call Liberty Adjusters!
New Arbitration Laws in Florida: What do They Mean?
As we mentioned before, the upheld use of arbitration laws in Florida could make it even harder for you to stand up to a negligent insurance company. These laws state that if you have a dispute with your insurance company, you must go through arbitration rather than filing a lawsuit.
But what is arbitration? Arbitration is a process where both parties present their case to an arbitrator, who will then make a decision on the outcome. This is different from going to court, as the arbitrator is typically paid for by the insurance company themselves!
You read that right! Read the full story here >
Will More Carrier's Arbitration Agreements be on the Horizon
The Takeaway
As you can see, there are many reasons why the insurance company is not on your side in the claims process. They are incentivized to save money, the claims process is difficult by design, and they are equipped with a whole team just to undervalue your claim more efficiently.
Do not let them take advantage of you! Liberty Adjusters will fight for you to get the best possible outcome for your case. Get started today by giving us a call, we're here to help!