The Truth About Public Adjuster Fees in South Florida

In the aftermath of a disaster or accident, it can be overwhelming to handle insurance claims on your own. Fortunately, public adjusters can help guide you through the process and ensure that you receive the compensation you are entitled to. However, there is often confusion surrounding the fees associated with hiring a public adjuster. How much do they actually charge, and is it worth it? Today, we’re breaking down the truth about public adjuster fees in South Florida.

First of all, it’s important to understand how public adjusters get paid. Unlike insurance company adjusters, who are paid a salary by the insurer, public adjusters work on a contingency basis. This means that they only get paid if you receive a settlement from your insurance company. The fee is typically a percentage of the total settlement amount. In South Florida, the average fee ranges from 10-20%, with some adjusters charging as much as 30%.

It’s also worth noting that public adjuster fees are not regulated by the state of Florida. This means that while some adjusters may charge a fair fee, others may charge exorbitant rates. It’s important to do your research and choose a reputable and trustworthy adjuster who charges a reasonable fee.

So, is it worth it to hire a public adjuster? In most cases, the answer is yes. Public adjusters have the expertise and experience to navigate the complex insurance claims process and negotiate with your insurance company on your behalf. They can also ensure that you receive a fair settlement that covers all the damages and losses you have suffered. While there is a cost associated with hiring a public adjuster, the benefits often outweigh the expense.

When deciding which public adjuster to hire, it’s important to do your due diligence. Research the adjuster’s reputation, read reviews from previous clients, and ask for references. You should also make sure that the adjuster is licensed and insured in the state of Florida. Don’t be afraid to ask for a written contract that outlines the terms of the agreement, including the fee structure and payment timeline.

Finally, remember that you have the right to negotiate the fee with your public adjuster. While some adjusters may be willing to negotiate, others may have a set fee structure that is non-negotiable. Be sure to discuss the fee upfront and make sure you are comfortable with the agreement before signing a contract.

Conclusion

In conclusion, hiring a public adjuster can be a wise investment when dealing with an insurance claim in South Florida. While the fees may vary, it’s important to choose a reputable and trustworthy adjuster who charges a fair fee. By doing your research and negotiating with your adjuster, you can ensure that you receive the compensation you are entitled to. Contact Five Star Claims Adjusting today to schedule a free inspection and get started on your claim.