Public Adjuster
Definition:
A licensed professional who represents policyholders in insurance claims.
Explanation:
Public adjusters work on behalf of the homeowner to prepare, document, and negotiate claims. Unlike company or independent adjusters, they advocate for the insured’s best interests.
Example:
If your insurer offers $40,000 for storm damage but repairs cost $80,000, a public adjuster may negotiate for a higher payout.
Why it matters:
This term affects how claims are handled and what payout a homeowner may receive.