THE NEW SENATE BILL IS LIVE! HERE’S WHAT THAT MEANS FOR PUBLIC ADJUSTERS
The new senate bill is upon us, with a significant impact on the restoration industry.
In this week’s content Wednesday video, I will discuss the bill and what it means for public adjusters.
👉 First, the AOB is out of the game.
Gone are the days when the contractors did an estimate and chased the payment from the insurance company.
Now that too falls on the homeowner’s back.
👉 Second, the insurance companies no longer have to cover attorney fees.
So, even if you win in litigation, attorney fees come from the settled amount and not on top of it.
In other words, the homeowners pay attorney fees even though they won the case!!
I understand you might find it hard to deal with such changes, but we must stay and fight for the homeowners.
Because without attorneys, who will homeowners turn to handle their claim? Public adjusters!
Watch the video and learn more about the changes the senate bill brings to the industry and how to stay strong in the restoration game!
👉 Shoutout to our sponsor Black Diamond Housing Services 👈
Relocating a displaced family from their home means more than just finding a temporary place to stay. It involves immediate and personalized attention upon the initial notice of property loss to find a suitable and customized temporary home. Their team of experts quickly step into action to locate and secure the best possible housing solution for homeowners in need.
They provide all of the necessary money that needed as needed to be done for the homeowner to go and move to another place whether there’d be a hotel or another home or whatever it is they bill through their insurance policies lost abuse coverage and they provide financial assistance so that the insured never has to incur any out-of-pocket expenses.
Whether you’re a public adjuster contractor or an attorney, if you have a client that has suffered any kind of catastrophic loss whether that be by fire or storm or just any catastrophic loss that requires your client to have to move out and incur and loss of use coverage you need to think about looking at Black Diamond Services.
👉 Website: https://www.bdhousingservices.com/