Texas is a proud state, especially when it comes to protecting consumers. In the event that you need to file a property damage claim, there are licensed insurance specialists, known as public adjusters, that can provide guidance and help maximize the claim settlement after a loss.
A Texas Public adjuster is an insurance claim professional who will work with you and your insurance company until a claim is complete. They are not affiliated with an insurance company, public adjusters work for you, the policyholder, and their primary goal is to ensure that you receive the full payout from your policy.
There are three types of insurance adjusters you will come across in Texas:
Public Insurance Adjusters , also known as Private Adjusters, are those who work for you and have no affiliation with insurance companies.
Independent Adjusters are those who contract their services to insurance companies and work on their behalf.
Company Adjusters, or Staff Adjusters, work for the insurance company directly, so their priority is to the company’s bottom line.
Public Adjusters are the only type of claims adjusters that work on behalf of the policyholder and fight for you during the insurance claims settlement process.
More About Public Adjusters For Insurance Claims In Texas
You can choose to work with the insurance company’s adjusters or you can hire your own public insurance adjuster. In most cases the involvement of a public adjuster results in significantly higher insurance settlement payouts. Texas requires all public adjusters to be licensed, and they also require that adjusters maintain their license with 24 hours of continuing education. Not all claims are appropriate for a public adjuster. In general, a public adjuster is for large claims, those with complex situations, complicated insurance policies with ambiguous language that doesn’t serve you as the policyholder, or if you simply want help handling the insurance claim process and dealing with an insurance company.
Fees For Hiring A Public Adjuster In Texas
Public Adjusters in Texas typically follow the percentage of claim payment fee structure. In rare cases, an adjuster may charge a flat rate or an hourly rate, but the industry standard is to bill consumers 10% of the entire claim amount or 25% of new money (new money is additional money above and beyond what your carrier has already offered as a settlement or already paid out). As dictated by Texas law, the fee percentage will never exceed 10% of the total value of the claim. The fees charged are agreed upon upfront between the policyholder and the public adjuster which is detailed in writing in the form of a contract. Public Adjusters in Texas typically work on a contingency basis, meaning they are not paid until the final settlement has been received.
Texas Public Insurance Adjusters
Find out more about local area public adjusters in Texas by selecting a city below. If you do not see your city, don’t worry. Fill out our form found on this page. Our Public Adjusters are state licensed and can provide assistance in every city located in the State of Texas.
Although we at ClaimsMate use our decades of experience to screen the proper public adjuster for you specific situation, you may want to do your own due diligence when doing a background check of any Public Adjuster. Here is a valuable resource for that research.
If you are needing more information about Texas Department of Insurance Licensed Public Adjusters or Private Adjusters please don’t hesitate to contact us.