Business and commercial property owners tend to be a very savvy bunch. It takes a certain level of intellect and common sense to succeed in the world of small business and real estate investment. Given your success in these areas, you likely feel equipped to handle a claim against your commercial property insurance on your own. You should consider a few things before you take on this intensive and arduous task, as it could end up costing you in the long run for several reasons.
First, as an entrepreneur and business owner you have learned that your time is often more valuable than your money. Intelligent and successful business owners are quickly able to discern when a task would be worth completing themselves, or when it makes more financial sense to contract an activity out to an employee or third party. When it comes to filing and completing an insurance claim, this process often demands a great deal of time, energy, and attention in order to successfully recover sufficient funds to properly restore your structure to its previous condition. As a business owner, your time is better spent growing and developing your company rather than attempting to properly handle an insurance claim.
Aside from the potential time and energy drain an insurance claim would be on a business owner like yourself, the fact is insurance carriers are much more familiar with the ins and outs of your insurance policy and the claims process than you are. As a result, they are in a far better position to negotiate and capitalize on any loopholes in your claim, leaving you left responsible for any fiscal shortfall after your final settlement. A public adjuster is just as experienced and familiar with the claims process and verbage of insurance policies as the carriers themselves, putting you on more even footing in the negotiation process and ensuring a fair valuation for your claim.
As a successful business owner, you have the wherewithal and intelligence to turn a profit in the cutthroat world of corporate America. While this is a testament to your savvy, it does not indicate you are the best person to handle an insurance claim for your business. The claims process would take your focus off growing and managing your company, and while you are well-versed in the operations of your industry the field of insurance is fraught with complex legal verbiage designed to give insurance carriers a way to minimize their exposure to payouts for claims. For these reasons, a public adjuster is your best choice in terms of how to proceed with your insurance claim. At People’s Insurance Claim Center, we are so confident in our ability to provide you with exceptional service we offer a free, no obligation claim analysis to all potential clients. Call us today at 305-956-3666 and let us show you how we can get your business back to normal as quickly and painlessly as possible!
Commercial Property Claims - Should I Go it Alone?