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When Your Borrower Hires a Public Adjuster: A Guide for Mortgage Servicers

In addition to the regular Hurricane and wildfire seasons, natural disasters and accidents, as well as unexpected events, happen all the time. Many of these catastrophes cause damage to the property of the mortgagor. 

The mortgagor will often choose to retain a professional and engage an insurance adjuster from the public sector. The adjuster calls with the borrower to notify them that they were hired by the mortgagor to settle the insurance claim on behalf of the mortgagee. You can hire the best public adjuster via

Hiring a Reputed Public Adjuster for Your Insurance Claim

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A lot of mortgage service providers do not completely understand the function of the public adjuster. 

There are three kinds of adjusters for insurance: 

1.) Company Adjuster – Work inside the insurance company and represents only the interest of an insurance company.

2.) Independent Adjuster – Performs fieldwork and examines the claims of an insurance company.

3.) Public Insurance Adjuster – The only adjuster who is licensed to only work for the insurance company.

An adjuster for public insurance will examine all policies currently in force to assess coverages and calculate the total loss. The claim is presented to the insurer and ultimately resolved. Sometimes, there may be a difference of opinion between the insurance company and the insured about the amount of claim owed. Public adjusters will always defend the insured.