Residential Property Insurance

A majority of people have never heard of a public adjuster, and don't know that they play an important part in the insurance industry. What is a Public Insurance adjuster? A public insurance adjuster is someone who examines and adjusts insurance claims on behalf of the company.

What is the role of a public adjuster?

What does it take to be a public adjuster for insurance?

Public adjusters are state-licensed professionals who handle all aspects of insurance claims on behalf of the policyholder (claimant or insured). Public insurance adjusters provide a service that involves "adjusting" or negotiating insurance claims. Public adjusters, who are licensed and employed by an insurance policyholder, are a type of claim adjuster. They work on behalf of the general public and adjust claims to reach a settlement.

Insurance adjusters are also known as claims adjusters. They work for insurance companies and investigate, appraise, appraise, adjust, and payout compensation.

A public adjuster is a professional who represents policyholders during the negotiation and appraisal of claims. A public adjuster doing residential property insurance represents the financial interests of the insured person or entity. Public adjusters are independent contractors who work for you and not your insurance company. Public adjusters draw on their experience in the insurance industry to ensure that claims are handled correctly and resolved fairly. They also work to maximize payouts. All this is in the name and service of helping people who are in real need of help in recovering from a loss.

The Public Adjuster's Job in Greater Detail

Public insurance adjusters are required to have a license in all 45 states and the District of Columbia. These 45 states and the District of Columbia either have their own licensing requirements and regulations or they accept a modified version of the National Association of Insurance Commissioners Public Adjuster Licensing Mod Act (NAIC). A public adjuster is defined by the NAIC as "anyone who acts or assists with the negotiation, settlement, or implementation of any kind of compensation for first-party claims." Public adjusters are anyone who posts jobs for public adjusters, solicits business, or promotes themselves as one. Anybody who, for a fee, on behalf of another public adjuster assists with adjusting losses, counseling an insured, or investigating first-party claims under an insurer's contract.

The terms public adjusters are also called private adjusters or public claims adjusters.