Insurance policy holders often rely on Moore Public Adjusters to help them in identifying and completing certain rules and regulations related to the Insurance claims. It is essential for the insured to notify to their insurer regarding their loss and so they have to complete certain forms and provide essential documents related to the claims. It is required to mention the insurer name, the public adjuster and mortgagee while drafting the loss drafts.
Moore Public adjusters will endorse the checks and forward them to the Insurance provider. The servicer will then place the insurance proceeds into the escrow account. Funds will be released from the account based on the loan status and specific language in the Deed of Trust. Mostly, the public adjusters charge a percentage of the claim amount and generally take their percentage in installments from each check that is issued. Generally, they do not charge anything in advance and take their fees after completion of the task. In case, if claim is not sanctioned due to any reason nothing is charged from the insurance holders. On the whole, public adjusters work for the benefits of the insurance holders. As they are only paid in the case if insurance holder is paid from the Insurance Company.