Public Adjusters for Commercial Earthquake Damage
If your business suffers earthquake damage, the initial steps you take may determine if you are able to recover financially and rebuild your business.
A sudden earthquake can damage your commercial property and may go unnoticed. Even the smallest of impacts can seriously compromise a building’s structural integrity. This places the safety of your employees, any other occupants, and your operations at risk. It’s important to have a thorough inspection of your property to identify and document the extent of damages as you prepare to deal with your insurance company.
Our public adjusters have the unmatched experience and resources to guide you in this process. As insurance professionals working only on your behalf, we are fluent in your insurance policy, and assist you in complying with your policy’s requirements in order to develop a proactive claim management strategy to maximize your business’s financial recovery. We thoroughly research and evaluate your loss and substantiate every detail of your claim, which may include building damage, valuable contents, business interruption, and extra expense claims. We prepare and present a comprehensive claim to your insurer so your business can receive the optimum settlement in the shortest amount of time.
What To Focus On After Earthquake Damage
What is my agent/broker’s role? Will his/her role be active or passive? When faced with supporting your position or the insurance company’s, where will he/she stand?
Does Adjusters International have earthquake damage experience?
How do I minimize the impact of a large deductible?
Why is a claim strategy so important?
Am I impacted by coinsurance?
Do I need my own engineer for the damage assessment?
Large deductibles demand that your claim be properly evaluated. How can you afford to rebuild your business or building with such a large deductible? Understanding claim strategies and implementing value engineering are important.
Successful evaluation of damages hinges upon a well-coordinated effort between engineers and construction consultants. Do you have the right experts lined up? Should you only rely on the insurance company’s cadre of experts?
How do I keep my employees? My customers?
Ensuing fire or water damage from an earthquake can be covered depending upon the policy.
How do I deal with hidden damage?
What is concurrent causation? Why is it important in an earthquake claim?
How does a large-scale disaster affect recovery? Replacement/reconstruction prices?
How does a large-scale earthquake affect your business interruption claim? Your loss of rents claim?
Is there coinsurance in your policy? If there is, what does it mean? If there is, did your insurance adjuster explain it to you?
How do you make certain that hidden damages are addressed?
What happens when the insurance company engages a forensic accountant? What is his/her role? Why can’t you just have your accountant prepare your claim? Understand that you will need to share your financial statements. You may also have to produce your tax returns.
Is there anyone on my side?
How Our Public Adjusters Help You
- Evaluate Fully reviewing your insurance coverage.
- Strategy Developing a claim management strategy.
- Compliance Determining policy compliance issues.
- Valuations Completing detailed valuations of building, equipment and inventory losses.
- Interruption Formulating business interruption models.
- Itemization Presenting and supporting an itemized claim package to your insurer.
- Negotiation Negotiating on your behalf with your insurance company.
- Communication Keeping you informed every step of the way.
- Settlement Ultimately settling the claim for the maximum amount and with less hassle for you.
Industries Our Public Adjusters Have Helped
Client References & Testimonials
- City of Wells Nevada
- County of Maui
- Dennis Birkhimer, Esq.
- Don Henley
- Goodman Real Estate
- Governor House Hotel
- Image Entertainment, Inc.
- Kathryn Bigelow
- Kings Arms Properties
- Mauna Kea Resort / Seibu, Inc.
- National Dollar Stores
- Neasi-Weber International
- NHBB / New Hampshire Ball Bearings
- Norman Lear
- Northbrooke Homeowners Association
- Northgate Condominium Assoc.
- Pacific Bay Financial
- Paladin, USA
- The Pillsbury Company
- Rockpointe Homeowners Association
- Sergio Mendes
- Sherman Oaks Fashion Mall
- The Starbucks Building
- Sunset Gower Studios / Pick-Vanoff
- Toluca Villas Homeowners Assoc.
- Valencia Fairways HOA
- Wesco Aircraft Hardware
- Westwood Financial Corporation
We greatly appreciate your professionalism, knowledge, and experience that have assisted us in the preparation of the claim and through our recent negotiations with the insurance carriers. It is clear to us that without your involvement we would not have received the 'fair' settlement that was concluded in December. The team you assembled (Gary Johnson, Jim Warren, and Paul Migdal) brought extensive experience to the table during a time when it was critical. Without this experience, we would not have been able to make it through the catastrophe in the manner we did.Nitze-Stagen & Co., Inc. - The Starbucks Building
- Case Studies