Today you can insure almost everything, from cars to real estate. Although some believe that investing in insurance is a waste of money taking into account the fact that the chances are higher then a certain accident will not happen. However, those who are conscientious and responsible would rather set aside a certain amount on a monthly basis and be sure that they will not be hit by an unpredictable situation, as well as costs.
It is in the interest of society to protect personal rights, but also to determine the “threshold” when unlawful encroachment on other people’s non-property goods has protection in the form of recognition of the right to fair monetary compensation, and when not.
What is a public adjuster?
A claims liquidation agent is a natural or legal person who, with a certain commission, performs the tasks of determining and settling claims in the name and on behalf of his client. As a natural person, he is usually not in a permanent, but in a contractual employment relationship. It can work for more than one person, in addition to direct competition. Their main task and duty are to take all necessary measures to obtain the most reliable documentation necessary for the settlement of the damage by inspecting the damage, organizing expertise, and similar activities. They very rarely pay benefits (insurance). In general, they only collect documentation for compensation and have the authority of the applicant to resolve the claim with an insurer who has an obligation under the insurance policy and who will make the payment according to the submitted claim. The agent’s fee for liquidation of damages depends on the type, scope, and complexity of the claim for compensation. The practice is that the costs of the agent’s commission are reimbursed by the insurer together with the damage.
What are the types of damage?
Damage can be material and non-material. Material (property) damage consists in the destruction of an item, or in a minor or major injury, disabling or making it difficult to use the item. It is a violation of some property interests. The pest is obliged to compensate the injured party for the interest that he would have had if the harmful event had not happened.
Non-material (non-property) damage does not represent property loss. It is caused by mental and physical pain and fear. For physical pain, fear, and mental pain due to violation of legally protected personal rights, the court may award compensation for non-pecuniary damage, when justified by the intensity and duration of pain and fear, taking into account the importance of the injured good and the purpose of that compensation. not to be affected by aspirations that are incompatible with the nature and purpose of monetary compensation for non-pecuniary damage.
When do I need the help of a public adjuster?
If your house is insured, and there is any kind of damage, whether caused by human factors or natural disasters, it is time to seek the help and advice of a professional. Whether it is your fault or not, you are going to need the assistance of the public adjuster in case of a traffic accident. It is his job to go to the scene and compile a damage report, or a record on which to assess the damage. We have already mentioned non-pecuniary damage. So, even when there is no material damage, know that you have the right to collect insurance damage. This is the above-mentioned non-pecuniary damage. Here we are talking about physical facial injuries or mental pain suffered. Also, if a person close to you from the family dies and had life insurance, a family member is fully entitled to financial compensation, ie insurance payment.
How to choose the right one?
You may think every public adjuster will do the same work, but like in any other branch, a few things you should pay attention to. If you want to make sure your public adjuster will give his best for your benefit, there are some conditions he should fulfill. Feel free to ask or to do a little research about his previous experience and professionalism. Ask your acquaintances about opinion if they already have experience with it. A true public adjuster should have good communication skills, a willingness to work in a team, as well as pronounced analytical and organizational skills. It is his responsibility to correspondence with injured parties, collecting and recording the necessary documentation necessary to resolve claims, providing timely and professional service to clients, injured parties, and employees of the Company in the field of claims assessment, reporting in the field of its area of responsibility, as well as other work tasks as directed by a superior. Make sure you made the right choice, and here is how you can do that.
Final thoughts
It is very important in life to do everything we can to make life more beautiful and safer, but it is also necessary to take some preventive steps that will be of great importance to us if we are hit by some unpredictable and not so beautiful circumstances. Many consider insurance to be an unnecessary expense. However, keep in mind that insurance will not lead you to poverty, and it will mean a lot in the event of an accident. Look at it as a worthwhile investment.
You can also report the damage online, by carefully filling out the form. If you do not fill in important places such as your personal and contact information, it will take more time to process the request, or it will even remain unprocessed. Do not be afraid of questions in the form where you need to estimate the amount of damage. This is just an appraisal that allows appraisers to choose the most appropriate way to deal with a claim – for example, which appraiser will take over your case, whether to review or not, etc. Your initial estimate of the number of damages does not affect the amount paid.
