I had to submit for additional cost on the same claim and I am being charged twice for my deductible
Total Comments: 12
Posted: Wed Mar 13, 2019 08:18 pm Post Subject:
NEVER hire a public adjuster. Think about it. Let's say it costs you $10,000 to fix your house. The public adjuster charges you 15% and you have a $500 deductible. You're left with $8000 to fix $10,000 worth of damage. Would you hire a public adjuster if you knew that ahead of time? Of course not. So, how does the public adjuster get you to hire him? He promises to get enough money from the insurance company to cover his commission and the deductible leaving you with $10,000. How does he do that? He inflates the damage estimate to $12,000. What's that called? INSURANCE FRAUD. You might think you don't care about that but, trust me, that kind of rip-off is reflected in your insurance rates.
Posted: Tue Mar 26, 2019 07:30 pm Post Subject: Double Deductible
That depends. Is the additional cost actually covered by the same policy? If the orginal loss related to wind and hail damage to your home and the additional was for wind and hail damage to your car then you will have to pay two deductibles.
Posted: Wed Mar 13, 2019 08:18 pm Post Subject:
NEVER hire a public adjuster. Think about it. Let's say it costs you $10,000 to fix your house. The public adjuster charges you 15% and you have a $500 deductible. You're left with $8000 to fix $10,000 worth of damage. Would you hire a public adjuster if you knew that ahead of time? Of course not. So, how does the public adjuster get you to hire him? He promises to get enough money from the insurance company to cover his commission and the deductible leaving you with $10,000. How does he do that? He inflates the damage estimate to $12,000. What's that called? INSURANCE FRAUD. You might think you don't care about that but, trust me, that kind of rip-off is reflected in your insurance rates.
Posted: Tue Mar 26, 2019 07:30 pm Post Subject: Double Deductible
That depends. Is the additional cost actually covered by the same policy? If the orginal loss related to wind and hail damage to your home and the additional was for wind and hail damage to your car then you will have to pay two deductibles.
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