Policyholders pay A LOT in insurance premiums each year. In fact, if you own a home, have kids, or if your employer does not provide health insurance, your annual premiums can be well over $1,000 per month just for basic auto, home and health coverage. With that level of financial commitment, most people expect any […]
Addressing The Insurance Claim Bad Faith Loophole Read More »
Policyholders across the country are forced to pay annual premiums to an insurance company in order to comply with lenders’ requirements that borrowers obtain insurance coverage on a mortgaged property. In addition, after sustaining damage to insured property, policyholders often must pay a deductible on top of their premium before the insurance company makes any
What Are Consequential Damages? Read More »
Last month a federal court ruled that a class-action lawsuit against State Farm can move forward. The outcome of the case would directly impact over 65,000+ policyholders in the state of Kentucky who’s underpaid insurance claims go back to 2014. How and why did so many insurance claims go underpaid for over 10 years? The
Class Action Lawsuit Triggered By Xactimate Error Read More »
In most cases, Public Adjusters (PA) only get paid when their involvement in a claim results in a payment increase. It’s arguable that the main reason policyholders would need a PA is because of the mistakes and mishandling of claims made by the insurance company. It is also safe to say Public Adjusters are the
Better (Not More) Regulations Are Needed To Protect Policyholders Read More »
The American Adjuster Association was created to create awareness of existing roadblocks that prevent fair insurance claim payout. On 8/26/2020, the Board of Directors went live on Facebook to discuss how we can work together to help the people who need it most: policyholders.
Live With American Adjuster Association Read More »
It is not uncommon for several insurance adjusters and experts to be involved in a property damage claim. Insurance carriers have their own inhouse team (people referred to as a carrier or desk adjusters) and regularly use Independent Adjusters (IA) during catastrophic events like a hurricane to manage a high volume of claims. Policyholders are
Adjuster Licensing Rules Creates Imbalance Of Power Read More »
Some industries have been getting insurance refunds for their premiums because of COVID closures, but it’s not the industries you’d think of.
Insurance Refund For COVID? Read More »
