The very essence of an insurance policy is a promise to pay for covered losses. Claims handling, and, more to the point, the history of a company’s claims handling practices is a critical aspect of the decision making process regarding both the purchase and placement of policies by insureds and brokers as well as the decision on the part of an insured to renew a policy and the broker and carrier’s ability to retain the client for the long term.
Our current personal lines property clients include some of the most highly rated FAIR Plans, Mutual Firms and Stock Companies, both in terms of client satisfaction and loss ratios.
Our personal lines property adjusters are highly trained to provided a consistently superior product that has been described by our clients as “amazingly fast, accurate and efficient”. We provide true adjustments, and ensure that an insured’s policy is analyzed each and every time a report is prepared. When granted the authority, we communicate with insureds and ensure understanding of our adjustments and coverage determinations, work with contractors to secure agreed scopes and costs and provide a generally excellent product in short order.
We view our function simply: At the direction of our carrier clients, we work with the insureds to assist them in presenting their claims to the carrier in a format and manner that verifies that all parties to the insurance contract are protected and indemnified based upon the policy in force. We ensure that contractors are working within accepted scopes of repair and within reasonable adherence to regional pricing standards and we do our best to ensure and verify that no party is taking advantage of the other. Fair and equitable settlements in a reasonable time frame are our goals; nothing more, nothing less.
In addition to handling personal lines and commercial property losses, we regularly manage all peripherals, including but not limited to:
Our typical personal lines daily property loss, from receipt of an assignment to a closing report with recommendations, is handled and submitted to the carrier for approval within 5.2 days.*
*This number excludes the top and bottom 10% of losses, which include same-day turnaround, use of experts, detailed investigations, large and complex losses or other anomalous activities that may be required when handling unusual losses.
Our file handling process generally far exceeds the standards for file handling issued by our client carriers. We adere to and make every effort to dramatically exceed the standards described by each carrier's claims best practices manuals.
Discover the advantages of and benefits of contracting our Property Claims Adjusters, Commercial Claims Adjusters, Liability Claims Adjusters, Aviation Claims Adjusters, Catastrophe Claims Adjustersand other types of claims services offered by Accelerated Adjusting LLC.