Property damage due to water leaks, large hail, fires, hurricane, etc.  causes interruption to your business. A water leak may start in one unit and spread to several others. Tenants may break leases and leave the property following a disaster.

To survive these types of property losses and the business interruption they cause, one needs to understand the insurance policy and their rights and obligations during a very time-consuming and stressful claims process.

Many multifamily investors are not aware that they can leverage the expertise of a public insurance adjuster to maintain or increase the value of their investment via the claims process.

The claims process is an often-under-utilized financial vehicle when handled by an experienced public insurance adjuster.

Public insurance adjusters are not affiliated with your insurance company. You don’t want them to be. When your insurance company brings their team to protect their financial exposure to your claim, you have the right to level the playing field and get the settlement you deserve by bringing your experts.

You wouldn’t hire the IRS to do your taxes. Don’t let your insurance company decide what they will pay you for your losses.

Public insurance adjusters navigate the nuance and regulatory landscapes associated with property claims. In states like Texas, they work on a small contingency fee so there is no money out-of-pocket. They have a fiduciary responsibility to help indemnify policyholders in times of loss. Claims on average are maximized anywhere from 100 to 800+%.

By way of example, in the large hail states like Texas, many multi-family investors do not know they have “loss”. In the case of large hail, multi-family properties may qualify for full roof and HVAC unit replacements. Public Insurance Adjusters routinely inspect these properties to stay on top of any potential losses and work to ensure the value of the property is maintained or in some cases, increased.