How CARE Public Adjusters Can Assist with Contractor Insurance Claims?

Contractors Insurance is becoming a critical focus as many states prohibit contractors from negotiating insurance claims on behalf of policyholders. Recent cases in Florida and Texas have led to arrests, underscoring the severe consequences, including significant fines and jail time, for those who violate these regulations.

In the past, policyholders typically benefited from contractors insurance companies to express discrepancies in pricing and unsatisfactory payout offers. However, the landscape has shifted, and insurance companies are taking a strict stance against this practice.

If you are a contractor, whether specializing in roofing, plumbing, mold remediation, water mitigation, or other fields, it’s important not to be disheartened by these new regulations. You have an ally in the realm of insurance work: Public Adjusters who can lawfully handle claim negotiations for your clients, the policyholders.

Having a partner like CARE Public Adjusters can be advantageous for every insurance project you undertake. Let us elucidate the reasons behind this need. When CARE Public Adjusters represents a policyholder, it is customary to significantly augment the claim’s value.

How is this achieved?

We possess extensive knowledge of state statutes, case law, building code upgrades, and various other insurance-related intricacies that compel insurance companies to fully reimburse policyholders for their losses.

Instead of limited repairs that leave the policyholder with a disjointed and incomplete situation, we often secure full replacements for the affected components.

This could mean an entirely new roof rather than sporadically replaced shingles, or a completely new hardwood floor rather than a mix of fresh and aged sections, avoiding an uneven appearance.

These are just a couple of illustrations of how we enhance the claim.

How does this benefit you?

Naturally, it leads to more substantial projects, and we ensure proper pricing that encompasses overhead and profit, when applicable.

Furthermore, we can be of immense assistance to contractors by reducing competition in two distinct ways:

• Firstly: We provide our partners with direct referrals and leads. Typically, when a policyholder reaches out to CARE Public Adjusters for claim assistance, they haven’t yet selected a contractor or restoration professional. They often seek our recommendation due to our continuous involvement in such matters.
• Secondly: You secure bids. This occurs for two primary reasons – Instead of engaging in a traditional bidding war, you can propose a contract based on “Fair Insurance Proceeds.” Policyholders are thrilled that you are willing to undertake the job without additional out-of-pocket expenses for them, as you are only requesting what the insurance company will cover.

This is where our involvement becomes crucial. We substantially increase the claim payout, resulting in you earning the higher negotiated and settled amount, rather than your initial lower bid.

You can present the policyholder with the services of an Insurance Advocate:

• A complimentary claim inspection, policy assessment, and consultation provided by CARE Public Adjusters.
• A team of associate Insurance Professionals to guide and support them throughout the claims and restoration process.
• Handling of claim filing, paperwork, negotiation, and comprehensive representation during the claims process (taking on the majority of the insurance company interactions), all for a modest percentage of the claim.
• All these services entail zero upfront costs, and we operate on a contingency basis, meaning payment is only expected after the insurance company compensates the claimant.

What does CARE Public Adjuster get out of this?

Referrals.  You simply return the favor by referring your Contractors Insurance jobs to us.  We make a percentage of the claim and our name gets out there one person at a time.  We do not charge you to be our associate, we just help one another by giving business to each other.  CARE Public Adjusters are totally compliant with the state.  Our company is based on integrity.  We win our negotiation battles with legitimate points and tools, so you can feel confident that we are honestly helping the property owners and each other.

If you have more questions about becoming an Associate, please don’t hesitate to get in touch!