Category: claim settlement

You’ve suffered a property insurance loss, do you know what your insurance policy really covers?

Homeowners purchase home insurance to protect their homes and personal property.  

After an insurance loss is not the time, you want to learn that it will not cover everything you have lost in your claim.

The article attached here explains a little further and discusses some common misunderstandings regarding insurance

https://www.nuco.com/fcs/2021/09/13/understanding-insurance-and-why-it-doesnt-cover-everything/?cmp_share

TakeAways

  1. Insurance is a for-profit industry providing services to those who buy a policy.
  2. Insurance does not pay for maintenance issues.
  3. Insureds sometimes look at cost and don’t look at coverage.
  4. Some agents take the easy way out and tell insureds they are covered for most catastrophic losses without providing details.
  5. Insureds may not understand that their policy is not a replacement cost policy and only covers actual cash value. — this comes into play when settlement is determined.  

This confusion reiterates the need for a licensed Public Adjuster to represent your interests from start to finish with your claim.

We are your A+ rated Better Business Bureau Public Insurance Adjuster here in Phoenix, Arizona, representing clients all over State 48.

AJR Public Adjusters — 602-795-5227 — info@ajrpa.com

Coronavirus Availability

Our lives have and are changing due to Coronavirus. AJR wants to let you know our availability to handle your insurance claims has not changed. 

We have added video teleconferencing to speak with you about current claims and emergencies that may arise for consultation and assistance with property losses. As always, you can call, text, or email us. 

We are constantly researching and staying on top of current information related to the potential for virus-associated claims. 

Stay safe, follow state directions, and stay well.

AJR is available at 602-795-5227 or claims@betterclaimresults.com.

Bruce Horowitz 480-519-9099                   Stacy Horowitz 480-519-9199

Lower percentage is not always better

Many times prospective clients question our commission charge.

Insureds wonder if they can lower the percentage will they make out better.  We wanted to demonstrate that this may not always be the case.

As they say, you get what you pay for.

See example of a typical claim below and notice the difference to the policyholder when paying a higher percentage fee:

 

Company A                     

Initial Claim Offering                     $50,000

Final Claim Result.                          $60,000

8% fee to Public Adjuster:             $  4,800

Claim Settlement to Insured:    $55,200

 

AJR PUBLIC ADJUSTERS

Initial Claim Offering:                    $50,000

Final Claim:                                      $75,000

15% Fee:                                            $11,250

Claim Settlement to Insured:    $63,750

 

Clearly you can see how AJR Public Adjusters assistance, perhaps at a higher fee still nets the insured a better settlement.  This policyholder increased their settlement by $8,550 even when paying a higher percentage for our services.

By giving AJR the opportunity to utilize our 30+ years experience to manage and negotiate your claim, you can rest assured you will do better in the settlement process of your claim.

Please view our Better Business Bureau A+ rating here.  This may provide helpful information for you to see how AJR should be your first call with your next property insurance claim.

Call AJR first, we even help report the claim and can take over the stress of managing your claim from there.  We can be reached at 602-795-5227, email here.