After your business or commercial property has sustained damage, your insurance carrier will assign a loss adjuster to investigate your claims. While the adjuster may be friendly and seem willing to help, it’s important that, as a business owner, you stop to think about the role of loss adjusters. Be sure that the needs of your business are met by the insurance coverage you carry.
For Loss Adjusters, Doing a Job Well Means Making Their Employers Happy
Loss adjusters have an important job. The adjuster assigned to your claim will be responsible for looking into the circumstances surrounding your commercial loss, determining if your losses are covered under the coverage you carry, and assessing how much your claim is worth, among other duties. While all of this may seem routine, business owners should understand that, ultimately, loss adjusters are employed by insurance companies, and those insurance companies are more interested in cost-effective decisions than the needs of your company.
While this fact doesn’t necessarily mean that anything “fishy” is going on, it does mean that there is a real need to pay attention to the claims process and take steps to ensure that your interests are protected during the adjustment process.
An Experienced Policyholder Attorney Can Represent Your Business Interests During the Claims Process
It’s the loss adjuster’s job to make cost-effective decisions for the insurance company, and it’s your job to make sure your business gets the payout it needs to recover from losses. An experienced policyholder attorney can step in to make sure that you are being treated fairly and that your business gets the coverage you pay for. If you’re ready to put your commercial damage claims in the experienced hands of a legal ally, reach out to our team today, or get informed by requesting your free copy of our book, Commercial Property Owners Must Read This Before Filing an Insurance Claim.