What is expected from a public adjuster regarding providing a written estimate?

A public adjuster is required to provide a written estimate that must be available to both the insured and insurer upon request. This ensures transparency in the claims process, allowing all parties involved to have a clear understanding of the details pertaining to the estimated damages and the basis for the claim. This practice fosters trust between the insured, the insurer, and the adjuster by providing documentation that can be reviewed and verified.

Making the estimate available to both the insured and the insurer is critical, as it enables effective communication about the claim. It supports the insured's ability to understand the adjustments being made to their claim and allows the insurer to evaluate and verify the accuracy of the estimate provided by the public adjuster.

In contrast, limiting the estimate to only one party, such as the insurer, would impede the insured's ability to participate in the claims process fully. A verbal estimate does not provide the same level of clarity or documentation as a written one and could lead to misunderstandings or disputes. Similarly, suggesting that an estimate is only necessary for claims above a specific monetary threshold does not align with the requirement for thorough documentation in all claims, irrespective of their size.