When you file an insurance claim, your insurance company will send an insurance adjuster to your address. That insurance adjuster usually has two main goals:
That’s what an insurance adjuster typically wants to accomplish. Your insurance company is in the business of making a profit. They’re not in the business of helping policyholders like you get rich. With that in mind here are some of the tips you can use to negotiate and deal with your insurance adjuster to maximize a claim payout:
Don’t Go Overboard with Negotiation Tactics: After reading a few guides like this one, you might start to think that you’re an expert negotiator who can play hardball with your adjuster. This is true to a certain point. However, we advise not going overboard with this tactic. You are still required to cooperate with your insurance adjuster. Clients who take negotiating tactics too far will have their claims (rightfully) denied.
Hire a Public Adjuster: Your insurance company has adjusters working on its behalf to represent its own interests. By hiring your own public adjuster, you can beat the insurance company at its own game. A public adjuster is a skilled professional with in-depth experience in the insurance industry. You can hire a public adjuster to negotiate with the insurance company on your behalf, negotiating a higher settlement in exchange for a small fee.
Demand Justification for a Denied or Reduced Payout: In many cases, an insurance company will offer a reduced payout with the assumption that the client will dispute the payout. If the insurance company has denied or reduced your payout, then don’t be afraid to fight back. The insurance company might have made the low offer with the assumption that you will be fighting back.
Avoid Settling Claims Too Quickly: Your insurance company’s adjuster wants to settle claims as quickly as possible. Settling claims quickly, however, is rarely a good idea for a client. Avoid the temptation to take a quick and easy initial payout. Fight back against your insurance company and push for the payout you deserve.
Using these strategies and more, you can negotiate with your insurance adjuster to maximize a claim payout.
- To settle your insurance claim as quickly as possible
- To ensure your insurance company pays the lowest amount legally required under state law
That’s what an insurance adjuster typically wants to accomplish. Your insurance company is in the business of making a profit. They’re not in the business of helping policyholders like you get rich. With that in mind here are some of the tips you can use to negotiate and deal with your insurance adjuster to maximize a claim payout:
Don’t Go Overboard with Negotiation Tactics: After reading a few guides like this one, you might start to think that you’re an expert negotiator who can play hardball with your adjuster. This is true to a certain point. However, we advise not going overboard with this tactic. You are still required to cooperate with your insurance adjuster. Clients who take negotiating tactics too far will have their claims (rightfully) denied.
Hire a Public Adjuster: Your insurance company has adjusters working on its behalf to represent its own interests. By hiring your own public adjuster, you can beat the insurance company at its own game. A public adjuster is a skilled professional with in-depth experience in the insurance industry. You can hire a public adjuster to negotiate with the insurance company on your behalf, negotiating a higher settlement in exchange for a small fee.
Demand Justification for a Denied or Reduced Payout: In many cases, an insurance company will offer a reduced payout with the assumption that the client will dispute the payout. If the insurance company has denied or reduced your payout, then don’t be afraid to fight back. The insurance company might have made the low offer with the assumption that you will be fighting back.
Avoid Settling Claims Too Quickly: Your insurance company’s adjuster wants to settle claims as quickly as possible. Settling claims quickly, however, is rarely a good idea for a client. Avoid the temptation to take a quick and easy initial payout. Fight back against your insurance company and push for the payout you deserve.
Using these strategies and more, you can negotiate with your insurance adjuster to maximize a claim payout.