Get seen the television commercials warning you ‘not to speak to the insurance adjuster! ‘. Attorneys and public adjusters caution individuals that insurance companies have their attorneys fighting for them and you have an attorney or public adjuster fighting for you!
However , there’s a big difference between an attorney and a PA. Attorneys are required to scholar college, attend 3 years of law school and forward a rigorous state bar examination. Adjusters who symbolise property owners against insurance companies must pass a 100 subject licensing test with no prerequisite course of study at all.
During the 2004-2005 storms the University of Central Florida received telephone after call from candidates, particularly in South Fl, who wanted to qualify for a 3-20 license. NOTE: Adjusters who represent property owners are paid a percentage fee right from any monies recovered on behalf of the client.
When callers were asked if they had any claims experience, it was often the case that the new applicant was going to serve as a ‘sales person’ rather than an adjuster, but they needed a license to solicit clients.
What that meant was that the new licensee was going to personally call on disaster victims trying to sell them at a PA firm’s services. Making that sale meant that sales person would receive a percentage of any insurance rescue.
Now attorneys are not allowed to go to someone’s house and even solicit clients, so the question must be raised, why does The carolina area allow Public Adjusters to solicit clients in person? In all honesty, there is no good answer to that question.
Disaster victims are actually vulnerable and for that reason, attorneys may not engage in solicitation. Public Adjusters argue that property owners need that information, but the same question could be made for legal services as well.
LICENSING AND APPRENTICESHIP
As of January 1, 2009, new licensee candidates will not be allowed to just take the state licensing examination. They will be required to work a 12 month apprenticeship under the guidance of a professional 3-20 Adjuster. Sounds good, except there is no requirement the fact that any licensed PA actually provide an apprenticeship.
The Pick up 22 is that while new Public Adjuster must offer an apprenticeship, there are not likely to be many, if every at all, available. PA’s are not required to actually provide apprenticeships to new applicants. If there are few or no apprenticeships, there will be no new public adjusters competing with pre-existing firms for those contingency fees.
ATTORNEYS VS PUBLIC ADJUSTERS
Why would a property owner hire a PA in place of an attorney? Public adjusters will claim that they know the cases process better than attorneys. This may be true in some instances, since certain public adjusters come from an extensive claims background, however countless do not.