July 31, 2023 in General |

3 Reasons Why You Need To Hire a Public Adjuster

States throughout the United States are making it illegal for contractors to negotiate insurance claims for policyholders. As a general rule, policyholders would receive better claims when contractors would contact the insurance company and inform them that their pricing was wrong and the payout wasn’t sufficient. However, things have changed, and insurance companies are being extra cautious when it comes to this offense.

If you are a roofing contractor, don’t let this new rule get to you. You can legally hire a public adjuster who can legally bargain the claims for the policyholders that are your customers. Roofing contractors who partner with public adjusters can increase their revenue by around 25%.

What is a Public Adjuster?

Simply put, a public adjuster is a licensed professional that provides an independent assessment of the property damages, bargains with the insurance company, hires contractors for repairs, and coordinates all insurance claims from start to finish.

The main difference is that rather than working for the insurance company like an insurance claims adjuster does, a public adjuster collaborates with you to maximize your financial interest. Listed below are 3 reasons why you need to hire a public adjuster.

Increase your Profit Margin for the Job

Public adjusters do this by thoroughly understanding the policyholder’s specific insurance policy, the state statutes, and local laws related to insurance claims handling, as well as adequately handling the entire process of receiving the claims, which can be very stressful and time-consuming.

When public adjusters represent a policyholder, they most often increase the claim significantly, thereby allowing you to carry out the proper construction methods for the policyholders, thus increasing the profit that was initially underpaid by the insurance company.

Direct Leads and Referrals

Another reason to hire a public adjuster is to benefit from their direct leads and referrals. These specialists provide policyholders that hire them a choice of a contractor that they have already investigated. Commercial property owners and homeowners almost always ask for a referral, and a reputable public adjuster can refer you for the job. 

Turn Denied Projects into Active Projects

Denied insurance claims are a common problem that can be very frustrating. As a roofing contractor, you may be at t total disadvantage to assess and understand what needs to be done to restore your project. A public adjuster can use their industry knowledge and expertise to turn denied projects back into revenue-generating ones by fighting the insurance’s claim to not cover it.

When you work with us, we ensure a quick and transparent communication channel at every step. You will always be updated on where the process is headed and where we currently stand in settling the insurance claim. This will allow you to focus on what makes you the most money.

Final Thoughts

Public adjusters can be a great asset for a roofing contractor since they partner with industry experts, know the local laws, and can efficiently lower your workload. Insurance companies are not always willing to be fair, but Prestige can help you maximize your profits and minimize your stress.

Expect Results, Not Excuses

Call 404.835.3950