The Jewish United Fund’s Annual Trades, Industries, and Professions Dinner

The Jewish United Fund’s Annual Trades, Industries, and Professions Dinner

Globe Midwest Adjusters International (GMAI) recently attended The Jewish United Fund’s (JUF) annual Trades, Industries, and Professions Dinner which took place on May 31, 2018 at the Hyatt Regency Hotel in Chicago.

Our firm was proud to participate in this networking event along with hundreds of professionals from a wide variety of industries while hearing from basketball legend, philanthropist, and entrepreneur Magic Johnson.

The event was hosted by The Jewish United Fund of Chicago which impacts every aspect of local and global Jewish life, providing human services for Jews and others in need, creating Jewish experiences and strengthening Jewish community connections. Stuart Dorf, JD, Senior Vice President of Business Development represented Globe Midwest Adjusters International at the event.

As the Midwest’s largest and oldest public adjusting firm, Globe Midwest Adjusters International’s core focus is exclusively representing property and business owners, during the insurance claim process, to maximize and expedite our clients’ insurance claim settlement.

With offices in Southfield and Grand Rapids, Michigan, as well as Chicago, Illinois, we are experienced with the types of natural disasters that strike the Midwest, the companies that insure here, and how local claims are handled.

Since opening in 1924, the firm has represented over 15,000 residential and commercial policyholders during the insurance claim process to ensure each received a fair and just settlement.

What Is a Public Adjuster?

What Is a Public Adjuster?

There is an old saying, “You don’t know what you don’t know.” This is especially true when it comes to handling an insurance claim after a disaster strikes your home or business.

While almost everyone has property insurance, a majority of people do not understand their insurance policies or the claims process that is required after experiencing such a loss. In fact, most people believe the insurance claims process is as easy as calling your insurance company and reporting the claim. However, this could not be further from the truth.

Insurance companies are in business to make money, mostly for themselves. They are not non-profit companies. The goal of the insurance company is to keep its costs down by settling claims for the lowest possible amount. Too often, property owners settle for much less than their insurance claim is worth.

Anyone considering filing a property insurance claim should also think about hiring a public adjuster. Public adjusters work exclusively on behalf of policyholders to help people get all that they’re entitled to from insurance claims. They help evaluate damage and rebuilding costs, track the flow of insurance payments and amounts due, and work with insurance companies to expedite their clients’ insurance claims.

As a policyholder, you have little to lose: Many public adjustment firms offer to visit a property loss for free of charge to help a policyholder determine the severity of damage and whether they should file an insurance claim.

Even if a policyholder is confident in the dollar value of their property loss, it is good practice to get a second opinion. Remember, an insurance company will never voluntarily pay more than an amount claimed. Policyholders need to be conscious of if they are claiming the correct amount. Hiring a public adjuster can help ensure that.