Can The Insurance Adjuster I Hire Also Work As My Contractor In Florida?

Can The Insurance Adjuster I Hire Also Work As My Contractor In Florida?

Insurance adjusters, also called claims adjusters, look into claims to see if the insurance company should pay for damages or injuries and, if so, how much. Insurance adjusters in the public sector advocate for policyholders. When making a claim or disputing an insurance company’s settlement offer, policyholders and companies often turn to these certified specialists for assistance. If you have already appointed an insurance adjuster in Florida, and wondering if they can continue working on your building as a contractor, read on to find out if this is indeed permissible in the eyes of the law.

Can an Insurance Adjuster Continue Working as a Contractor?

Acting as a public adjuster in Florida without a license is a third-degree felony, as provided in Section 626.8738 of the Florida Statutes. This includes, but is not limited to, the negotiation or implementation of the settlement of an insurance claim on behalf of an insured for money, commission, or anything of value.

For public adjusters who have attained a license in Florida, they are not permitted to sign a contract to do both the public adjusting and the construction work on the same property. This is stated in Section 626.8795 of the Florida Statutes.

Why Work with an Insurance Adjuster?

  • Insurance Adjusters Maximize Settlement

The goal of your public adjuster is to maximize your claim settlement. They have a close familiarity with the monetary value of your damages and the types of costs that can be included in your claim, allowing you to achieve the largest possible settlement while incurring as few costs as possible. The amount of money the insurance company gives you may change drastically as a result of this.

  • Insurance Adjusters Work for You

Even if your insurer is eager to settle your claim, they are still looking out for their own bottom line. When an insurance company sends an adjuster to your home to look for damage, he or she is on the side of the insurance company and working to reduce the amount the business will have to pay out. A public adjuster, on the other hand, works for you and represents your interests in negotiations with the insurance company.

  • Insurance Adjusters Eliminate Emotions

Because of the damage to your property, you will probably feel agitated and frightened. All of this increases the likelihood that you may make a mistake while filing or would settle for less than you are entitled to. A public adjuster can help you collect more money for your claim because they are not emotionally invested in the outcome of the case as you are.

  • Insurance Adjusters Are Skilled and Experienced

You may not be familiar with the local regulations about insurance claims, and you may not have had any training that will aid you in handling the claim to maximize your compensation. However, a public adjuster does and they will use their knowledge and education to assist you to achieve a greater settlement.

  • Insurance Adjusters Get Paid from Settlement

There are avenues to assistance that do not necessitate remuneration upfront when it comes to insurance adjuster representation. Until you receive a settlement, public adjusters will not be paid for their services. They have a vested interest in getting you the greatest possible settlement because of the cut they will get. They get a higher rate of incentive in proportion to the amount you bring in from the settlement.


    Notes (optional): "Please feel free to address anything else (your title, number of buildings, number of stories, number of units, etc.)"