How long after a state of emergency declaration can the 10% charge limit apply?

The 10% charge limit applies for one year after a state of emergency declaration. This provision is important because it allows public adjusters to charge a maximum fee of 10% on claims made during and after a state of emergency, thereby protecting policyholders from potentially excessive fees when they are most vulnerable due to disaster circumstances.

This one-year timeframe is set to ensure that there is a clear boundary for adjusters' fees, providing financial relief and stability to insured individuals recovering from disasters. The limit being in effect for one year allows sufficient time for property owners to file claims and for adjusters to assist them during the recovery process without incurring excessive costs.

Understanding the specific timeline is crucial for both public adjusters and policyholders to navigate the claims process effectively and to ensure compliance with state regulations.