Step 1
Initial Contact
Once you contact us, we schedule an initial inspection of the damaged property, along with a detailed review of your policy. Our representative prepares our internal estimate to present your loss in detail to the insurance company adjuster at a later date. You can provide documentation for any repairs that were made and a list of personal property that was damaged.
Step 2
Report Loss to Insurance Carrier
Once we notify your carrier of the loss, an insurance representative contacts our office usually within 2-3 business days to schedule a date and time to inspect your loss with our 123Adjusting representative and the assigned insurance adjuster.
Step 3
Negotiations and Settlement
Upon approval and submission, 123Adjusting will initiate to settle your claim in a timely manner with your insurance company. Once an offer is made we will inform you with our professional opinion and advise you if the settlement offer is a fair amount, at that time 123Adjusting can settle on your behalf or continue to fight until we maximize your settlement.
Understanding the Claims Representation Process
A loss to your commercial property or home creates an unfamiliar environment and poses excessive demands on your time. Decisions involving thousands and sometimes millions of dollars must be made and often made quickly with little margin for error. A decision must be made early on whether this process is to be undertaken by the policyholder or whether the professional expertise of a public adjuster should be brought in. Time and again it has been demonstrated that when dealing in an area that is unfamiliar, the end result can be a loss in valuable time and money.
Large or small, commercial or residential, properly handling a claim involves a structured process that when followed, will ensure it is processed properly and given the best chance of being honored and paid by your insurance carrier. The main services an adjuster will perform for you include:
- Analyze your policy to get the maximum claim coverage.
- Inspect the property damage and estimate all losses with our
computerized system. - Notify the insurance company of your loss and ensure they have proper documentation.
- Set all appointments with insurance company staff and provide them with preliminary estimates for building and contents damage and loss of business accounting figures.
- Negotiate with insurance company for a fair and equitable settlement.
- Prepare all documents in order to obtain payment.
- Provide a list of trusted professionals for reconstruction if required.