Contractors
We have your back and will work hard to gain and maintain
your trust in us as your “Go-To” Public Adjusters.
Can a Public Adjuster work for a contractor? Absolutely, YES!
Here's why... In most states, it’s illegal for a contractor to take on the role of Public Adjuster, including negotiating the claim and/or discussing policy with the insurance carrier. It is also against the law for a Public Adjuster to act as a contractor on a claim. When a Public Adjuster takes on the role of contractor, it is considered a conflict of interest and the Unauthorized Practice of Public Adjusting, which can, and often does, result in legal action being taken, including arrest, prosecution, and jail time.
Whether you're a roofer, plumber, mold remediator, water mitigation company, or a fire & smoke restoration company...
You have a friend in the business of Insurance claim work. Public Adjusters can legally negotiate the claims for the policyholders that are your customers. As a matter of fact, it is a great benefit to both the policyholder and contractor to partner with Velocity Public Insurance Adjusters on every insurance job you work on or are bidding for.
We can increase the contractor's profit margin for the job
We do this by always understanding the policyholder’s specific insurance policy, the state statutes, and case law pertaining to claims handling, as well as properly managing the claim process, which is extremely time-consuming and arduous at best.
When Velocity Public Insurance Adjusters represents a policyholder, we most often increase the claim dramatically, allowing you to perform the proper construction methods for the policyholders and making a better profit margin for your company.
Whether you're a roofer, plumber, mold remediator, water mitigation company, or a fire & smoke restoration company...
You have a friend in the business of Insurance claim work. Public Adjusters can legally negotiate the claims for the policyholders that are your customers. As a matter of fact, it is a great benefit to both the policyholder and contractor to partner with Velocity Public Insurance Adjusters on every insurance job you work on or are bidding for.
We can increase the contractor's profit margin for the job
We do this by always understanding the policyholder’s specific insurance policy, the state statutes, and case law pertaining to claims handling, as well as properly managing the claim process, which is extremely time-consuming and arduous at best.
When Velocity Public Insurance Adjusters represents a policyholder, we most often increase the claim dramatically, allowing you to perform the proper construction methods for the policyholders and making a better profit margin for your company.
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With our knowledge of the policy and claims handling we are able to fully negotiate the best settlement possible allowing the policyholder to receive what they are owed.
There are several reasons that contractors don’t look to engage a Public Adjuster on insurance claims they are on:
A lack of communication between the Public Adjuster and the Contractor after the Public Adjuster has been brought on the claim.
As your Public Adjuster, Velocity Public Insurance Adjusters promises to communicate and will be transparent with you every step of the way. This means that you will be copied on all communications between the insured, the carrier, and us and will have access to the claim file. You will always know where we are in settling the claim. This lets the contractor focus on what makes them money; Sell - Build - Collect
A lack of understanding of the value of a Public Adjuster.
The contractor not understanding the value of the Public Adjuster’s roll in the claim and being unsure if he’ll get paid what it will cost to do the job without cutting their quote. We will assist in putting a “form of payment designation” in place to help assure that you will be paid.
Examples of the value of a Public Adjuster:
Original $1,400 carrier offer
Settled at $59K
netting the insured $53K
after the PA fee
A denied claim of $0
Settled at $200K
netting the insured $180K
after the PA fee
Original $500K carrier offer
Settled at $900K
netting the insured $810K
after the PA fee
Original $775K carrier offer
Settled at $2.1m
netting the insured $1.89m
after the PA fee
As a Public Adjuster working directly with contractors, we will always make the contractor more money for the job.
"if we are unable to settle the claim at least 20% higher than the carrier’s original offer, we will either finish the claim for no fee or terminate our contract."
We partner with industry experts
We want to provide the best service and outcomes for our contractors and insureds, this is why we partner with industry experts such as Forensic Engineers, Industrial Hygienists, and Building Consultants when the loss requires.
We know the laws
Restoration contractors are an essential part of the recovery process, but most states have laws making it illegal for contractors to file and adjust claims or interpret policy. It would be considered the Unauthorized Practice of Public Adjusting, which is against the law and can result in arrest and felony charges, depending on the state in which the infraction occurs. We keep you on the right side which saves and makes you more money.
Just as it’s against the law for a contractor to take on the role of public adjuster, it is alsoagainst the law for a public adjuster to act as a contractor on a claim. If apublic adjuster were to take on the role of contractor, it would be considereda conflict of interest and the Unauthorized Practice of Public Adjusting, whichcould result in legal action being taken against them.
We take the work load off the contractor
By taking responsibility for the detailed loss investigation and documentation, meeting with adjusters, engineers, etc., and writing scopes and loss valuations all while doing the policy research and interpretation, we save you time and get you more money for the job.
Claim Services We Provide
Velocity Public Insurance Adjusters handles a variety of claim types for both commercial and residential property losses: weather-related damage, theft and vandalism, fire and smoke damage.
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Client testimonials
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Contact us
Schedule a free, no-obligation, claim and policy review. Every property claim is different, and we'd like the opportunity to provide you with an assessment of your unique situation. No claim is too big or too small.
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- Iowa
- Kentucky
- Tennessee
- Texas