Public claims adjuster services

GETTING STARTED

THE FIRST STEP: Before moving forward on a claim, LRG will first perform a detailed policy review to get a complete and full understanding of all coverages available.


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OUR SERVICES

CLAIMS MANAGEMENT

Property claims management is crucial for policyholders as it ensures that they receive fair and timely compensation for damages or losses covered under their insurance policies. Proper claims management helps policyholders navigate the often complex and stressful process of filing a claim, providing guidance on documentation, assessments, and negotiations with the insurance company. Effective claims management can maximize the payout, reduce the risk of disputes, and ensure that repairs or replacements are handled efficiently, ultimately protecting the policyholder's financial interests and peace of mind during a difficult time.

PROPERTY INSPECTION

Inspecting for property damage on behalf of policyholders is crucial for several reasons:


Accurate Claims Assessment:

A thorough inspection ensures that all damage is properly identified and documented, leading to a more accurate assessment of the claim. This helps policyholders receive the appropriate compensation for repairs or replacements.


Fair Compensation:

By accurately documenting the extent of the damage, the inspection process helps prevent underpayment or denial of claims, ensuring that policyholders receive the full benefits they are entitled to under their insurance policy.


Protecting Your Property: Early and accurate identification of damage enables prompt repairs, which can prevent further deterioration of the property and reduce the overall cost of repairs.


Compliance with Policy Terms:

An inspection ensures that all damage is reported within the timeframes specified by the insurance policy, helping policyholders remain in compliance with their coverage terms and conditions.


Dispute Prevention:

Proper inspection and documentation can prevent disputes between the policyholder and the insurance company by providing clear evidence of the damage and its cause.


Peace of Mind:

Knowing that an expert has thoroughly inspected the property gives policyholders confidence that their claim will be handled fairly and that they will be adequately compensated for their loss.

DETAILED
ESTIMATING

Accuracy in insurance claims estimates is crucial for property owners for several reasons:


Financial Protection:

Accurate estimates ensure that property owners receive the correct amount of compensation for damages or losses. Underestimating the damage can result in inadequate funds to repair or replace property, while overestimating could lead to disputes or delays in claim processing.


Timely Repairs:

With an accurate estimate, repairs can begin promptly, minimizing the time the property remains in a damaged state. This is especially important in cases where the property is essential for living or business operations.


Trust and Transparency:

Accurate estimates build trust between property owners and insurance companies. It ensures transparency in the claims process, reducing the likelihood of disputes and fostering a smoother, more cooperative relationship.


Working Towards A Resolution:

Accurate estimates help avoid disputes, while at the same time, providing support when the property owner feels they have been undercompensated. Ensuring accuracy helps all parties involved, and helps to avoid costly litigation.


Scope Of Damages:

Knowing the estimate is accurate provides peace of mind to property owners, as they can be confident that all damaged items are addressed.

Overall, accurate insurance claims estimates are essential for ensuring fair compensation, maintaining trust, and facilitating a smooth recovery process for property owners.

EXPERT REPORTS

An expert report is crucial in various fields, such as legal, scientific, and technical disciplines. Here’s a summary of its importance:


Credibility and Authority:

It provides authoritative insights from specialists, enhancing the credibility of information presented in insurance claims.


Informed Decision-Making: It helps decision-makers understand complex issues by breaking them down into clear, expert-reviewed information, guiding informed choices.


Support for Arguments:

In insurance claims, expert reports can substantiate claims or defenses, providing objective evidence that can influence the outcome of the claim.


Guidance and Recommendations:

It offers expert recommendations based on thorough analysis, aiding in problem-solving and strategic planning.


Documentation and Record-Keeping:

It serves as a formal record of expert analysis and conclusions, which can be referenced for future needs or legal requirements.

THERMAL IMAGING

Performing thermal imaging for an insurance claim is important because it provides a non-invasive way to detect hidden issues, such as moisture, heat loss, electrical faults, and structural damage that may not be visible to the naked eye. This technology helps to accurately assess the extent of damage, leading to more precise claim evaluations. It can also prevent disputes by providing clear evidence of damage, ensuring fair compensation, and potentially reducing the likelihood of fraudulent claims. Overall, thermal imaging improves the accuracy, transparency, and efficiency of the insurance claim process.

MOISTURE MAPPING

Moisture mapping after water damage is crucial for several reasons:

Identification of Affected Areas:

It helps pinpoint all areas affected by water, including those not immediately visible, ensuring no hidden damage is missed.


Assessment of Severity:

By measuring moisture levels in different materials, it determines the extent of the damage and helps prioritize restoration efforts.


Guiding Drying Process: Accurate moisture mapping informs the drying process, allowing for targeted drying and reducing the risk of mold growth and secondary damage.


Preventing Future Issues: Helps in identifying and addressing potential sources of water intrusion or damage, aiding in preventing future problems.


Documentation:

Provides a record of the extent of damage and the effectiveness of the drying process, which can be useful for insurance claims and future reference.

Overall, moisture mapping is essential for effective and thorough water damage restoration.

PRE-LOSS INSPECTIONS

Insurance companies often deny coverage by referencing the "pre-existing damage" exclusion of your policy. More often than not, said denials have no merit, and can be successfully argued in favor of the Insured. Pre-Loss Inspections put a wrinkle in their strategy of arbitrarily denying claims without being able to support it.   

LRG was the first to offer Pre-loss property inspections as a service to our clients.  These inspections are proactive measures that can enhance the overall effectiveness of insurance policies and the claims process. Here are some key benefits of conducting a pre-loss property inspection:


  • Accurate Documentation of Property Condition


  • Identification of Potential Risks


  • Tailored Insurance Coverage


  • Streamlined Claims Process


  • Reduced Likelihood of Coverage Disputes


  • Proactive Maintenance and Upgrades


  • Peace of Mind


EXPERT WITNESS

Expert testimony is crucial in property damage claims for several reasons, playing a key role in the outcome of the case by providing authoritative, credible insights that can influence decisions made by insurers, judges, or juries. Here's why expert testimony is important:


  • Clarification of Technical Issues

Explaining Complexities 


  • Objective Assessment of Damage

Unbiased Evaluation 


  • Supporting or Challenging Claims


  • Evidence-Based Testimony


  • Influencing Settlement Negotiations

Strengthening Negotiation Positions 


  • Determining Fair Compensation

Accurate Valuation


  • Establishing Causation

Identifying the Cause of Damage 


  • Legal Compliance and Standards


  • Understanding Building Codes and Regulations 


  • Credibility in Court


  • Documentation and Reporting

Via Detailed Reports





FEMA PUBLIC ASSISTANCE

FEMA’s Public Assistance (PA) grants are designed to support state, local, tribal, and territorial governments, as well as certain private non-profit organizations, in their recovery efforts following a major disaster or emergency. The interaction between these grants and insurance claims is crucial for ensuring that federal funds are used efficiently. Having LRG manage both the insurance and FEMA claim simultaneously helps to streamline this process, as the FEMA claim is 100% dependent on the insurance claim. See how they depend on each other:


Primary Source of Funding:

  • Primary Coverage: FEMA requires that insurance be the first line of defense against disaster-related damage. Public entities must file insurance claims before seeking FEMA PA grants. This ensures that insurance pays for covered damages and FEMA only assists with costs not covered by your insurance policy.
  • Reduced FEMA Grants: If an entity has insurance that covers certain losses, FEMA will reduce its grant by the amount covered by insurance. This is to prevent duplication of benefits, which means FEMA will not provide funds for something that insurance is already paying for.


Documentation Requirements:

  • Proof of Insurance Claims: When applying for FEMA PA grants, the applicant must provide detailed documentation of the insurance claims, including what costs are covered by the insurance company, how much was paid by your insurance company, and what costs were denied. FEMA uses this information to calculate the eligible costs for the grant.
  • Settlement Information: The entity must provide insurance settlement information to FEMA. If the insurance claim is still pending, FEMA may offer an initial grant based on estimated costs but will adjust the final grant amount once the insurance claim is completely settled.


Coordination and Compliance:

  • Duplication of Benefits Compliance: FEMA ensures that its funds do not duplicate the benefits provided by insurance. If an insurance payout occurs after FEMA has provided assistance, the recipient might need to reimburse FEMA for any overpayment.
  • Ongoing Coordination: Public entities often need to coordinate with FEMA throughout the insurance claim process, particularly if the insurance claim takes a long time to settle. This helps FEMA adjust the PA grant amount accordingly.


Insurance Proceeds and Deductibles:

  • Eligible Costs: FEMA PA grants may cover costs that insurance does not, such as deductibles or uninsured losses. However, entities need to clearly demonstrate these costs and show that they have sought insurance reimbursement first.
  • Pending Insurance Claims: If payment of insurance claims are delayed or disputed, FEMA may provide temporary funding to address urgent needs, but the final grant will be adjusted based on the eventual insurance settlement.


Impact on Public Entities:

  • Municipalities and School Districts: These entities must carefully navigate the insurance claim process because any missteps could result in a reduction or delay of FEMA PA funds. Properly managing and documenting insurance claims is crucial to maximizing the FEMA grant.


6. Insurance Requirements for Future Assistance:

  • Insurance Requirements: FEMA may require that public entities maintain certain levels of insurance in the future, known as Obtain and Maintain, to qualify for any future assistance. This ensures that entities are prepared for potential disasters and reduces the reliance on federal aid.


In summary,

Satisfying FEMA requirements is often a painstaking task. FEMA Public Assistance grants are designed to supplement, not replace, insurance coverage. The grant process is tightly linked to the insurance claim process, with FEMA ensuring that all eligible insurance proceeds are accounted for, before federal funds are disbursed. This coordination helps maximize the efficiency and effectiveness of disaster recovery efforts.

DISASTER RECOVERY

WHAT DOES IT COST?

In most states, LRG works on a contingency basis. In states that do not allow contingency fees, LRG works on an hourly basis. There are no upfront costs or any hidden fees. We do not get paid unless, and until you receive a settlement. If you don't get paid, then we cannot and will not charge you a single penny. A study published by the Florida Legislature found that on average, claims handled by Public Adjusters resulted in settlement figures 750% greater than those handled by policyholders.



Can you afford to NOT hire a Public Adjuster?

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LOSS RECOVERY GROUP

LRG CLAIMS-LOSS RECOVERY GROUP

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INFO@LRGCLAIMS.COM


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