Public adjusters add value in a small set of claims. Overall, they only serve to inflate claims to cover their fee. Think about it. If an insured has a $50,000 loss, the PA takes 15-20% or $7,500 to $10,000. That doesn’t make the insured “whole”. How to make up the difference? Inflate the value of the claim.
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Public adjusters add value in a small set of claims. Overall, they only serve to inflate claims to cover their fee. Think about it. If an insured has a $50,000 loss, the PA takes 15-20% or $7,500 to $10,000. That doesn’t make the insured “whole”. How to make up the difference? Inflate the value of the claim.
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