By: Brian Burkett*
It is well established that most homeowners purchase property insurance for peace of mind or because it is required, and not necessarily because the homeowner believes a catastrophe will happen to them. Given this, many homeowners are unfamiliar with their policy provisions. When a disaster occurs, the homeowners’ policy plays an integral role in helping the homeowner rebuild. The policyholder will have several options while navigating through the claims process. While some policyholders will choose to work with the insurance company directly or rely on a contractor to negotiate the claim, others will turn to a public insurance adjuster. Although there is not a right or wrong way to move through the claims process, problems can arise when an unlicensed or untrained person negotiates a claim settlement with the insurance company.