It is that time of year here in Arizona, monsoon season is in full swing. Natural disasters are a normal occurrence over the summertime and consumers should be on their toes.
Here is an recent article dated July 12, 2018, released by the Idaho Department of Insurance, making the public aware of unlicensed individuals who are acting as public insurance adjusters for losses from hail storms. Different state, same issue. Public needs to be aware of individuals they hire to represent them with insurance claims.
This article points out an interesting situation that everyone should be aware of.
“Public adjusters often have mutual relationships with contractors, and may even be compensated by contractors who are performing work in conjunction with damages caused by the insured loss; however, any compensation or financial interest must be disclosed by the public adjuster in writing to you as the policyholder”.
AJR has NO “kick-back” relationship with any contractor, roofer, plumber. We do not accept any money from others working on your job. Our number one goal is to maximize your settlement for you, then get paid our percentage from the policyholder. No settlement money is exchanged elsewhere regarding your claim.
It is always best to research anyone you plan to hire for representation with a covered insurance claim. Some good sites that help with research to locate licensed, reputable firms are the Better Business Bureau, The National Association of Public Insurance Adjusters, NAPIA and the Arizona Department of Insurance.
AJR Public Adjusters,
480-519-9099, Bruce Horowitz, President
AJR Public Adjuster Website
After evacuation and finally being allowed back to your property, you discover you were one of the unlucky ones whose property was damaged.
A fire is one of the most devastating natural disasters anyone can endure. As Public Adjusters, we have comforted and handled many clients like yourself. After the devastation is recognized, its time to start processing your claim and preparing to rebuild your property.
Your first call to a Public Insurance Adjuster can be one of the most important calls you will make. The Public Adjuster’s job is to analyze, estimate, and document your loss. Then, we negotiate your best settlement with the insurance company.
Many people don’t know this industry exists and think, “Oh, my insurance company will take care of me.” What individuals don’t recognize is that the insurance company’s adjuster works to protect their interests. It is in your best interests to have someone professionally representing yours.
Upon calling a Public Adjuster, there should be no charge for a consultation. The Public Adjuster is paid a percentage of the settlement. Generally, 10% is a reasonable charge, though some circumstances warrant a different rate.
AJR Public Adjusters have represented policyholders over the years with fires similar to the devastating ones that have taken properties in the Tinder Fire. Our 30+ years of experience and 21 A+ Arizona Better Business Bureau reviews are two of the reasons to give us a call first to find out how we can help you. Our company is run by husband/wife team of Bruce and Stacy Horowitz, and with other professionals (such as contractors) utilized at our discretion. We act with the idea of putting the best foot forward for insurance negotiations.
AJR Public Adjustersfirstname.lastname@example.org
Policyholders many times wonder when they are eligible to receive reimbursement above ACV in their claim?
ACV is the Actual Cash Value that is initially agreed upon in the claim. There is a holdback which is a known figure to the policyholder. Generally, the policy states this figure must be incurred. As explained in the attached White Paper, incurred begins when a contract is signed with a builder to repair the property.
Hence, holdback money should be released upon providing a valid contract with a licensed builder.
This is the scenario in the best of circumstances. As a note, even though this is the definition for this wording, many times Insurance Companies do not follow this thought process.
It is helpful to always know your rights and responsibilities.
Public Adjusters are licensed by the state and well versed in the area of claim recovery and can assist with this and other issues relating to your claim.
When are Expenses Incurred.pdf
Sometimes properties can get hit by more than one storm during a Monsoon Season. Questions arise about claims and how they need to be properly filed for full reimbursement.
When damage occurs a second time to a property that has not been fully compensated for the first loss, no new claim needs to be opened. The subsequent damage is added to the original claim, as the insurance company had not satisfied their duty to the insured prior to the second storm.
Information below from National Underwriters verifying this statement.
Should your property suffer damage this Monsoon Season, AJR Public Adjusters available to assist with full recovery from insurance company for all your losses.
Call AJR first to ensure your interests are properly represented. 602-795-5227
Given our current Monsoon Season, here are some tips from the Insurance Information Institute regarding preventing water losses to your property. Try to take precautions now to prevent water damage to your property.
Below is an example from a client of AJR who suffered water damage and a picture of the ominous looking clouds we are experiencing in the Valley right now.
Water damage is one of the most common and costly disasters affecting U.S. residences, accounting for billions of dollars in losses to homeowners and renters annually. However, consumers can protect themselves with the right amount and type of insurance coverage.
Source: How To Protect Your Home From Water Damage
Read what our clients are saying on YELP.
The next time you find yourself with an insurance claim, Call AJR first. We will help you report your claim. Our involvement ensures you will receive all that you are entitled to in your policy while we maximize your claim $.
Why settle for anything but THE BEST?
Call Arizona’s Best Public Insurance Adjuster with your next claim. 602-795-5227
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ANOTHER ONE FOR THE BOOKS
Once again AJR has assisted and helped a policyholder with an insurance claim to maximize their recovery. There is no greater compliment than having clients wanting to let others know about their great experience. We thank you. Happy Holidays.