Hiring a Public Adjuster Right After Damage Occurs! Why?

“The biggest mistake a homeowner or commercial property owner makes is not hiring a public adjuster right after the damage occurs.”

— Marc Lancaric, Public Adjuster and President of Global Patriot Adjusters

Hiring us right away will: 

1. Avoid the Pitfalls of going it alone.
2. Generally get you a better Settlement
3. Reduce the headache and stress of dealing with the insurance carrier. 

We are only paid our percentage of the claim for the dollars we collect for the property owner/insured.

When we review your claim, we will be able to find every aspect of your policy that can be accessed for your claim.  Your insurance adjuster will generally not look at your claim the way  we look at a claim as your Public Adjuster.

“You faithfully paid your premiums, and we will faithfully remind your carrier that you should be treated with the same commitment.”

— Marc Lancaric, President of Global Patriot Adjuster

Contact us 24/7 for quick action on your claim 800-654-3041.

Broken Pipe Insurance Claims | Public Adjuster | Global Patriot Adjusters

Broken Pipe Insurance Claims

Recently, we worked a claim in The Berkshires region of Massachusetts. The Bed and Breakfast called us in after a brief closure of the home had taken place. The "O" ring on a refrigerator had failed. With very high pressure, the ice maker water line began to push water out in to the Bed and Breakfast. 

The water flowed for 9 days and spilled over 15,000 gallons of water in the residence.

The insurance carrier assessed the loss at $25,000.

The owners also had Additional Living Expenses / Loss of Use on the property.

Three weeks after the loss the owners called Global Patriot Adjusters. In three weeks the owners had not been able to get the carrier to release any monies, or give them a better number for the damages. In this same period, the owners had been getting a run around on their additional living expenses payments as well. This was turning into a very big mess.

Amount Differential ($)

We negotiated 3 times the amount offered by the insurance company on behalf of the insured.

We took over the claim and assessed the loss at $79,000. Within two weeks we had an agreed scope, remediation activities, $10,000 in funds as an advance toward the construction work. Within three more weeks we had collected over $50,000 toward the project and it was moving in the right direction to get the business and family back up and running.

“It is not uncommon, to have the first look of the insurance carrier be rather minimal compared to the actual damage found.  It is very important that you not allow a bad assessment of the damages to become the basis of the claim. We make sure it is better addressed with the carrier, so we do not have problems with an unfair settlement.”

— Marc Lancaric, Public Adjuster & President, Global Patriot Adjusters

Some of the greatest problems with these type of pipe breaks and insurance claims come with the thought that it is "a little water on the floor." Very often, it is much worse, much!  Global Patriot Adjusters will handle these claims with a kind of clarity that doesn't leave a homeowner holding the bag!

Contact us 24/7 for quick action on your claim 800-654-3041.

Florida Public Adjuster Representation in Citizens Property Insurance Corporation Claims Extends the Time to Reach a Settlement and Also Increases Payments to Citizens’ Policyholders

This report, from the Florida Office of Program Policy Analysis & Government Accountability shows some benefits for policy holders who use Public Adjusters In Florida. Global Patriot Adjusters, licensed in Florida, knows the details of handling claims in Florida through years of experience.

Florida is similar in many ways to other states in the handling of Public Adjusters and Rules for handling claims. This said, Florida has some very specific regulations that can catch policy holders in a fix.

“In Florida, speed to acting after a claim can be your most important strategy for a quick settlement of a claim.”

— Marc Lancaric, President of Global Patriot Adjusters

Contact us 24/7 for quick action on your claim 800-654-3041.

Your Insurance Company Will Tell You to be Patient - We Disagree

Your Insurance Carrier's Adjuster that comes to see you after the claim will often tell you to be patient. It's important understand that when you are in the middle of of an insurance loss some time will transpire while getting everything in order to get you back in your property. At the same time it is important understand that many of the delays that your insurance carrier may put you through are not necessarily are proper. Your Insurance Carrier Will often Say “We are not here to deny coverage, we are here to find coverage.” It is somewhat more fair to say, the Adjuster provided by your Carrier provided is working to please the insurance carrier first, not you.

When Global Patriot Adjusters is called to assess your property, we will do so rapidly and bring about immediate action with your insurance carrier. During times of extreme weather events the entire industry slows due to the volume. It is during these times when your insurance carrier will often give you long lead times on when your claim will be settled.

When you hire us we work for you. Although your insurance adjuster provided by your insurance carrier may not be looking to withhold any coverage from you, he does not work for you. This is a very key difference between the role of the public adjuster and the role of the carrier or independent adjuster.

Consider this anytime you have a claim. Your insurance carrier has a professional advocated for them, you should have the same.

Contact Us for quick action on your claim 800-654-3041.

Overhead & Profit — Getting What You Deserve

Overhead and Profit is justified on any claim that shows the need for “Coordination and Oversight”.

Overhead and profit are used by every general contractor. It is part of the business practices of all general contractors and many subcontractors. It is the cost of doing business and the designated profit for doing the business.

Your insurance carrier will often assert that your claim does not merit this payment.

Overhead is generally set at 10%, profit is generally set at 10%

We recently had a client in Massachusetts that received a $240,000 settlement for a commercial claim. To repair the damage to the properties required a well-qualified general contractor who agreed to do the repairs for the amount the insurance company was offering. The base costs was just over $240,000. The overhead and profit added another $48,000 to this total and would be the total responsibility of the owner.

This project more than qualified for overhead and profit based on the need for coordination and oversight.

We brought careful insight to this claim and settle the claim for the full amount needed to pay the contractor. We at Global Patriot Adjusters are proud of our capacity to bring truth to power.

“We will never go quietly in the face of facts which our clients need to receive full payout on their insurance settlements.”

— Marc Lancaric, President, Global Patriot Adjusters

Contact Us for quick action on your claim 800-654-3041.