Lee Gorodetsky LUTCF CLF’s Post

https://lnkd.in/evYzF6J3 8 out of 10 years were huge RED losses and Litigation was the real issue. Fraud comes from Litigation & they are tied together. 3rd Party Litigation & Litigation Funding also makes the problem in Florida so bad & by far the worst in the country. In fact, 80% of the entire countries Insurance Fraud & litigation comes from the State of Florida. Over a 7-year period, & out of 150 billion paid out by Insurers only 10% went to the consumer so this is the real problem. Part of the problem is resolved w/ Litigation reform, but until the roof issue & Reinsurance issues are also resolved Premiums for Florida Property Owners will not be coming down anytime soon. Realtors need to get educated so they can help their clients get to the closing table and when it comes to help w/ Property Insurance I am here to help. Please let Lee the IG educate you, your team of realtors, 1st time Homebuyer's, or HOA's at an upcoming team meeting or educational class. Please call me at 833-USAssure or email me at [email protected] to schedule a class soon live or by Zoom. My cell is always on at 954-270-7966. Our quotes are also done in 1 business day. #LitigationManagement #ClaimsManagement #FloridaInsurance #HomeownersInsurance #HomeInsurance #CondoInsurance #PremiumIncreases #RateIncreases #SouthFloridaRealEstate #PropertyandCasualtyInsurance #YourInsuranceConsultant

https://lnkd.in/evYzF6J3 8 out of 10 years were huge RED losses and Litigation was the real issue. Fraud comes from Litigation & they are tied together. 3rd Party Litigation & Litigation Funding also makes the problem in Florida so bad & by far the worst in the country. In fact, 80% of the entire countries Insurance Fraud & litigation comes from the State of Florida. Over a 7-year period, & out of 150 Billion paid out by Insurers only 10% went to the consumer so this is the real problem. Part of the problem is resolved w/ Litigation reform, but until the roof issue & Reinsurance issues are also resolved Premiums for Florida Property Owners will not be coming down anytime soon. Realtors need to get educated so they can help their clients get to the closing table and when it comes to help w/ Property Insurance I am here to help.  Please let Lee the IG educate you, your team of realtors, 1st time Homebuyer's, or HOA's at an upcoming team meeting or educational class. Please call me at 833-USAssure or email me at [email protected] to schedule a class soon live or by Zoom. My cell is always on at 954-270-7966. Our quotes are also done in 1 business day. #LitigationManagement #ClaimsManagement #FloridaInsurance #HomeownersInsurance #HomeInsurance #CondoInsurance #PremiumIncreases #RateIncreases #SouthFloridaRealEstate #PropertyandCasualtyInsurance #YourInsuranceConsultant

A loss adjuster, also known as an insurance adjuster or claims adjuster, is a professional who investigates and assesses insurance claims on behalf of insurance companies or policyholders. Their primary role is to determine the extent of a loss covered by an insurance policy and to facilitate the settlement of claims in a fair and timely manner. Here are some key responsibilities of a loss adjuster: 1. **Investigation**: Loss adjusters investigate the circumstances surrounding an insurance claim to determine the cause, extent, and validity of the loss. This may involve examining physical damage, reviewing documentation, interviewing witnesses, and gathering other relevant information. 2. **Assessment**: Based on their investigation, loss adjusters assess the value of the loss and determine the coverage provided by the insurance policy. They evaluate the cost of repairs, replacement, or compensation required to restore the insured party to their pre-loss condition. 3. **Documentation**: Loss adjusters document their findings and prepare detailed reports to support their assessment of the claim. These reports are used by insurance companies to make decisions regarding claim settlements. 4. **Negotiation**: Loss adjusters may negotiate with policyholders, claimants, contractors, and other parties involved in the claims process to reach a fair and equitable settlement. They strive to resolve disputes and ensure that claims are settled in accordance with the terms of the insurance policy. 5. **Communication**: Loss adjusters communicate with insurance company representatives, policyholders, and other stakeholders to provide updates on the status of claims and address any questions or concerns that arise during the claims process. Overall, loss adjusters play a crucial role in the insurance industry by helping to expedite the claims process, minimize fraud, and ensure that policyholders receive fair compensation for covered losses. #insurance #broker #laos #reinsurance

Why Do Insurance Brokers & Agents Refer Clients To Public Adjusters?… When insurance brokers refer their commercial property clients over to an executive public adjuster like those at Mission Property Loss Consultants, it reflects their commitment to providing comprehensive, client-centered service. Here’s why this referral practice is both beneficial and appropriate. Mission PLC and their executive public adjusters specialize in managing and negotiating commercial property insurance claims at an executive level. They have in-depth knowledge of the claims process and can often achieve more favorable outcomes for clients than brokers who primarily focus on policy sales. Referring clients to these experts ensures they receive the best possible outcome in managing and settlement of their claim. By referring clients to specialized professionals, brokers are demonstrating their commitment to high-quality service. This “white glove” approach not only supports clients in managing complex claims but also reinforces the broker’s dedication to their clients' long-term interests. A key aspect here is that referring clients to a public adjuster does not create a conflict of interest betweem the insurance company and non captive broker. The broker’s primary role is to sell insurance policies and provide initial advice; managing a claim is a separate process that requires a different set of skills and resources. Public adjusters act independently of the insurance company and focus on representing the client's interests, which complements the broker’s role without overlapping. By ensuring that their clients are well-supported during the claims process, brokers build stronger, more trust-based relationships. Clients are likely to appreciate the broker’s proactive approach and may see it as a testament to the broker’s integrity and client-first philosophy. The ultimate goal is to meet the client's needs effectively. Referring to a public adjuster such as Mission PLC is a way of providing additional support where the broker’s own expertise might be limited. It’s an acknowledgment that complex claims require specialized attention and that the client’s best interests are being prioritized. Overall, this referral practice is about delivering superior service and ensuring that clients get expert help when they need it most, which enhances the broker-client relationship. #service #customerservice #insuranceclaims #commercialclaims #commercialproperty #industrialproperty #settlement #resolution #broker #insurancebroker #agency #relationships St. Louis Apartment Association #insuranceagent

Property managers shoulder significant responsibility when it comes to ensuring the safety and maintenance of their properties. One crucial aspect of their role involves navigating insurance claims in the event of property damage. However, the complexities of insurance policies, coupled with the intricacies of the claims process, can be overwhelming. In such scenarios, enlisting the expertise of public adjusters emerges as a prudent strategy. Public adjusters are licensed professionals who serve as advocates for policyholders during the insurance claims process. Unlike insurance company adjusters, public adjusters work exclusively on behalf of the insured party. It is their job to represent a property's damage and solidify sufficient compensation. Here’s why property managers should consider leveraging public adjusters: 1️⃣ Expertise in Insurance Policies 2️⃣ Thorough Damage Assessment 3️⃣ Claim Management 4️⃣ Time and Stress Management 5️⃣ Accurate and Sufficient Recovery https://lnkd.in/eRviZjF5

Insurance adjusters are essential in analyzing and managing claims when people or organizations suffer losses covered by their insurance policy. An insurance adjuster is a qualified professional who serves as the insurance company’s agent and is responsible for assessing the claim’s legitimacy, quantifying the loss, and facilitating the settlement process. We will go into the world of

Insurance adjusters are essential in analyzing and managing claims when people or organizations suffer losses covered by their insurance policy. An insurance adjuster is a qualified professional who serves as the insurance company’s agent and is responsible for assessing the claim’s legitimacy, quantifying the loss, and facilitating the settlement process. We will go into the world of

The first million dollar Life Insurance policy I sold ended in disaster. The client who purchased this policy from me was a school friend's dad. They sought me out and wanted to get in place $1 million of life cover. What they failed to tell me, and what I, inexperienced as I was, failed to dig out was a very crucial piece of information: The to-be-insured party had just undergone chemotherapy. Three months later, the insured father passed away. And when the Insurance company found out that I hadn't done my due diligence here, I got heavily investigated, too. This article is intended for two audiences: 1.⁠ ⁠For advisors - here are some ins and outs of underwriting that will help you sharpen up your service  2. For clients - this is why we ask you so many annoying questions! But also, this is how you can get the best possible deal on your Life Insurance policies. Read the article here: https://lnkd.in/dkneVMEz #lifeinsurance #financialadvisor #advisorlife #financialplanning #finance #successionplanning #itsnotbusinessitspersonal

John Willis Introduction: Ever found yourself stuck navigating the intricacies of a property insurance claim? Does the constant back and forth with loss adjusters leave you frustrated and worn out? If so, there's a solution that may just hold the key to stress-free and successful claim handling: mediation. Our recent article "Is Mediation the Key to Successful Property Insurance Claims Handling?" delves into this topic. It features insights from Property Claim Assist Ltd, an independent loss assessor based in Kent. Spearheaded by John Willis, Property Claim Assist aims to take the stress out of insurance claims, offering mediation services to homeowners, business owners, and landlords across the UK. Join us as we unravel the potential of mediation in claim handling and how this approach could forever change how we view property insurance claims. Link to Post: https://lnkd.in/edEmY4aR So, let's explore how mediation can redefine success in property insurance claim handling. It's time for a stress-free experience. #PropertyInsurance #InsuranceClaims #Mediation #PropertyManagement #Insurance Startup/Company Featured: @Property Claim Assist Founders: John Willis,

Insurance adjusters are essential in analyzing and managing claims when people or organizations suffer losses covered by their insurance policy. An insurance adjuster is a qualified professional who serves as the insurance company’s agent and is responsible for assessing the claim’s legitimacy, quantifying the loss, and facilitating the settlement process. We will go into the world of