This oversight, from what our experts have discovered, could result in millions of dollars being denied to policyholders
Houston, TX (PRWEB) February 10, 2011
Much anticipation has been generated by the discovery of what appears to be a major oversight on the part of insurance company adjusters in the handling of many payments for condominium insurance claims and commercial claims resulting from Hurricane Ike damage.
The Public Adjusters Inc., based in Houston and Tampa, FL, are convinced they have discovered this oversight that could result in thousands of dollars not being paid on hundreds of legitimate hurricane insurance claims. "This oversight, from what our experts have discovered, could result in millions of dollars being denied to policyholders," said Ron Delo, CEO of The Public Adjusters. "One major component compounding this situation is that the statute of limitations may have already expired in some of these cases. In others, the statute is fast approaching."
Kenneth Browne, COO of The Public Adjusters, said that each claim must be studied carefully to see if it falls into this questionable category. Both Delo and Browne are making themselves available to help commercial clients regarding hotels, motels, but more specifically they believe this oversight mainly involves condominiums insurance claims and other large commercial buildings such as office buildings, manufacturing plants, and other types of commercial properties.
Delo suggests having a licensed, professional public loss adjuster look over any questionable hurricane claim business owners may have to determine if it falls within this discovery. "If a client feels he has been underpaid or he had a denied insurance claim, it will benefit him to have a professional thoroughly evaluate the claim and the adjustments practices of the insurance company."
The Public Adjusters is offering a free review of any and all such claims to ascertain whether or not the insured received a 100 percent thorough investigation into the matter.
"We want to make certain that these particular hurricane claims were adjusted in accordance with the specific wording of the insurance policy and in a manner consistent with the accepted claims industry practices," Browne said.
Property managers or commercial building owners who filed any type of Hurricane Ike insurance claim are urged to call The Public Adjusters corporate office for more information regarding this oversight by several Texas insurance companies.
The Public Adjusters / Insurance Claim Consultants Inc. is a public insurance adjusting firm serving policyholders in 11 states throughout the U.S. The firm works exclusively for the policyholder, not the insurance company, ensuring maximum settlement amounts are paid based upon the damage and policy provisions unique to each insurance claim. With over two decades of winning experience and more than 10,000 clients served, the Tampa-based firm of public loss adjusters and insurance consultants specialize in loss assessment adjusting for home and business owners whose suffer property loss from hurricane damage, fire and smoke damage, water loss damage, sinkholes, flood damage, hidden decay and business interruption claims. Acting as an ally and personal advocate for its clients during the claims process, The Public Adjusters has negotiated hundreds of millions of dollars- including tens of millions in increased settlements- on behalf of property owners and managers. The firm of independent public loss adjusters boasts a 100% success rate in the re-opening of property insurance claims and has obtained settlements higher than 500% of the insurance company's original offer.