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How Do Public Adjusters Get Paid

A public adjuster is someone who can help you get as much as 700% more insurance money for property damage. They can also dramatically reduce the time taken to process the claim.

That means these guys must charge a lot of money. Well, that's not the truth!

Let's see how do public adjusters get paid.


How Do Public Adjusters Get Paid?

Obviously, the fee for a public adjuster goes from your pocket, there's no denying that. However, there are three different modes of payment.


A Flat Rate

Public adjusters can charge a flat rate if one or all of the following are true:

  • The expected insurance payout for the project is very high.
  • The case has no apparent problems in it.
  • The case is expected to be solved in a short time.

The flat rate charged by contractors can vary from case to case and is not necessarily proportional to the claim money. Flat rate of public adjusters depends on:

  • The complexity of the case.
  • The experience and goodwill of the public adjuster.
  • The operational costs of the public adjuster.
  • The state where the adjuster is registered.
  • The state where the case is being processed.

There are other answers to the question how do public adjusters get paid! Read on to know.


Hourly Rate

Some public adjusters can charge an hourly rate for their services. This format is not very common. This is used when:

  • The public adjuster can figure out how long the case will take to be solved.
  • The public adjuster works only on an hourly basis.
  • The state where the case is being pursued allows for this kind of billing.

The hourly rate charged by public adjusters who use this format depends on:

  • The laws of the state.
  • The operational costs of the public adjuster.
  • The complexity of the case.

Still looking for more ways of how do public adjusters get paid? The most used billing method is the next one.


Contingency Fees

This is the most common billing method used by public adjusters. In this the public adjuster charges a percentage of the final claim money that the insurance company pays the homeowner.

This billing format is use when:

  • The case is complicated.
  • The expected payout is not very large.
  • The state allows for this format of billing.

The percentage charged by public adjusters depends on:

  • The limit set by the local/state government.
  • The effort the case requires.
  • The percentage a public adjuster can charge is generally limited to no more than 20% by most of the states.

That concludes the question, how do public adjusters get paid. But when? Let's see


When do Public Adjusters Get Paid?

In most of the states, the government does not allow public adjusters to charge anything from the client until they accept a final deal from the insurance company.

As most of the public adjusters work on a contingency fee, they cannot charge anything before the client has got the compensation.

ACI Adjustment Group Services

ACI Adjustment group provides assistance with insurance claim investigation in storm, fire, water damage, and all other common insurance claims. The services we provide include:
  • Insurance policy review to help you understand the terms and conditions of your insurance policy.
  • Evaluating damages that are covered under your insurance policy.
  • Proving the damages done to your property so that you get claim money according to the damage.
  • Following up with your insurance claim process to get it processed fast.

Contacting Us

If you want assistance in any property insurance related issue, you can contact us 24/7 via our toll free number 1-800-809-4302 or by filling in the contact form on our website or by sending us an email at claims@aciadjustment.com.