Work With Colorado Springs Public Adjusters
If you're a Colorado Springs property owner facing a property damage claim, hiring a Public Adjuster can help protect your finances and keep your claim moving. Colorado Springs ranked second among U.S. cities for hail claims from 2016 to 2018, according to the National Insurance Crime Bureau. Whether it's hail-battered roofing and siding, wind damage, a wildfire loss, or a burst pipe, a licensed Colorado Springs Public Adjuster can negotiate with your insurer and help you pursue a fair, complete settlement.
Understanding Public Adjusters
A Public Adjuster is a licensed insurance professional who advocates for policyholders, not insurance companies. Colorado law requires Public Adjusters to serve their client's interests alone, with objectivity and loyalty. A Colorado Springs Public Adjuster can help you interpret your coverage, file your claim, and pursue a fair settlement from your carrier.
Public Adjusters handle residential and commercial property claims, and can also help with renters' insurance claims. You can bring one on at any stage of the claims process, but engaging a Public Adjuster early lets them document hail and storm damage before repairs or weather cover it up.
How Much Does a Public Adjuster Cost in Colorado?
Public Adjusters typically work on contingency, meaning they're paid a percentage of the settlement they help you recover. Colorado requires the full fee to be spelled out in your written Public Adjuster Contract before any work begins. Outside a declared catastrophe, Colorado doesn't set a fee cap, so read the percentage carefully and ask whether it applies to your whole settlement or only the increase.
When a catastrophic disaster is declared, Colorado caps Public Adjuster fees at 10% of your insurance settlement, and a Public Adjuster can't collect any fee, retainer, or deposit before your claim is settled. Your contract also can't let your adjuster collect a percentage of money your insurer owes but hasn't paid, or take the entire fee out of the first check.
Your Rights Under Colorado Law
Colorado sets clear rules to protect homeowners who hire a Public Adjuster. Before you sign, your adjuster must give you a separate written disclosure explaining the different types of adjusters and your rights.
- 72 hours to change your mind: You can rescind a Public Adjuster Contract within 72 hours of signing it by mailing a written rescission, postage prepaid, addressed to both your insurer and your Public Adjuster.
- No repair conflicts: A Colorado Public Adjuster can't take part in repairing your property, and can't steer you to a contractor they profit from.
- You pick your contractor: No contract can give a Public Adjuster the power to choose who does your repair work.
- You approve the settlement: A Public Adjuster can't agree to any settlement without your knowledge and consent.
Are Colorado Springs Public Adjusters Licensed?
Yes. Public Adjusters must be licensed by the Colorado Division of Insurance, and public adjusting companies need a business entity license too. Every Colorado Public Adjuster must also carry a surety bond of at least $20,000 that protects consumers from errors, fraud, and unfair practices. You can verify a Colorado Springs Public Adjuster's license through the Colorado Division of Insurance.
If you're interested in learning about license requirements in other states, you can access the 50-state database of Public Adjuster license requirements by state.
Colorado Springs Public Adjusters
If you're looking for a trustworthy adjuster, Tiger Adjusters® Colorado Springs, Colorado is highly ranked by consumers, and owned and operated by Rick Maddox.
With comprehensive training and negotiation expertise, Tiger Adjusters® brings a focused, policyholder-first approach to every Colorado Springs claim.
- Industry Knowledge: Tiger Adjusters® thoroughly understands Colorado's insurance regulations. We'll help you make sense of your policy and guide you through the state's claim procedures.
- Skilled Adjusters: Hail can leave subtle damage that's easy to miss, from bruised shingles to dented gutters and cracked window seals. Our Public Adjusters find and properly document it so it's part of your claim.
- Insurance Claim Specialists: Your carrier's adjusters represent the insurance company. Hiring Tiger Adjusters® levels the playing field and helps make sure your settlement reflects the full scope of your covered damage.
Rick Maddox
Owner/Operator and Public Adjuster
Centennial, Colorado
CO #950799
(303) 406-2646