Underpaid Claims When the Insurer’s Offer Is Too Low
Underpaid property insurance claim
When the check does not cover the repair
An insurer can accept a claim and still pay too little. The usual sign is simple: the contractor’s price is well above the insurer’s number. The gap rarely comes from one big item. It comes from many small ones the first estimate left out or priced too low.
Where the money usually goes missing
- Items left out: damage inside walls, under flooring or in the attic that a short inspection did not find.
- Partial repairs: a patch where the material can no longer be matched, so the repair will show.
- Depreciation: an amount held back for age that may be owed to you once the work is done.
- Building code: work the code now requires that the estimate ignored.
- Contents and living costs: belongings, and the cost of living elsewhere during repairs, when your policy covers them.
Ask for the insurer’s estimate
Florida law requires the insurer to send you a copy of its adjuster’s detailed estimate within 7 days of producing it. That document is the starting point. We go through it line by line against our own inspection and estimate.
How we ask for more
A request for additional payment on a claim already reported is called a supplemental claim. Under Florida law it must be made within 18 months of the date of loss. We prepare it with photographs, measurements and pricing, send it to the insurer and negotiate. In most cases, depositing a first payment does not stop you from asking for more, unless you signed a release. Bring us everything you signed and received.
What it costs
We don’t get paid unless you get paid. On a supplemental claim, Florida law allows a public adjuster’s fee only on the additional money obtained after you sign with us.
Contact us
for a free claim review about your underpaid claim
FAQ
Call Faith Adjusters at 321-527-9891 to get started with your claim.
We don’t get paid unless you get paid. There are no upfront or hidden fees for our services.
As your public adjuster, we work hard to look out for your best interests and will help you stay in control. NO RECOVERY…NO FEE!!!
By Florida law, insurers must pay or deny a claim within 60 days of receiving notice of it.
For non-catastrophe claims, policyholders who used public adjusters received an estimated $9,379 on their claim, compared to $1,391 for those policyholders that did not use a public adjuster (a difference of 574% ).
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Free inspection
For new, denied, or lowballed claims, Faith Adjusters, a licensed public claims adjuster, will come to assess the damage to your home.
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Receive an estimate
Faith Adjusters will provide you with an accurate estimate for the reparation, restoration, or the replacement of your damaged property.
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Claim offer and receive your funds
Our public adjusters are eager to help you earn more money for your denied claim, at no out of pocket cost to you. Receive a claim offer that you can either accept or reject. Once you get the claim offer and accept it, your mortgage company will quickly process your settlement, and they will send the check to your mailbox.