Knowing your legal rights will make it easier for you to deal with rotating experts and keep your claim on track to achieving a fair and complete settlement without them. A public appraiser is an independent insurance professional that a policyholder can hire to help resolve an insurance claim on their behalf. North Carolina has adopted the Unfair Claim Settlement Practices Act. Some examples are listed below in section N.
Given the likelihood of a higher settlement and the relief that comes with turning their claim to a professional, many people choose to hire their own insurance adjuster in North Carolina. A public appraiser has been defined as “an independent insurance professional that a policyholder can hire to help resolve an insurance claim on their behalf. Keep in mind that while a public appraiser can help you with the claim process, they cannot provide you with more money than you are entitled to under your insurance policy. In addition to protecting your property, a public appraiser protects your time and minimizes your stress during the claims process, which can be priceless.
Keep in mind that in the wake of large scale disasters, such as hurricanes, many unqualified individuals can pose as public appraisers. Public appraisers work as a team to get the best outcome for you, and the most experienced experts know the ins and outs of the claims process, so they know exactly what to look for to develop a strategy that fits your particular case. Most people haven't heard of public appraisers and may not realize how policyholders can benefit from their claims assistance services. Visit the North Carolina State Insurance Commissioner's Office website regularly to find any rules, regulations, or other updates they may have published that are specific to the disaster.
Research has shown that people who hire a public appraiser get higher settlements from their insurance companies, even if the adjuster's fees are factored in. A public appraiser not only works to maximize the value of your claim, but also to be your resource and ensure that the insurance company pays everything you are entitled to receive from the insurance company, but will also guide you through the process and ensure that all questions and concerns are addressed promptly. A public appraiser understands every step of the claims process and may be able to develop a stronger and more convincing claim that results in a higher settlement.
