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Referral Program

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Page 1: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Referral

Program

Page 2: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Introduction

We work with professionals throughout Arizona to:

• Get their clients’ insurance claims paid.

• Work to get your service fees covered (if applicable).

• Create a new income stream for your business.

Page 3: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

This chart from “Claims Journal” Magazine shows that

68% of insurance claims are underpaid – by an average

of $32,000!!

Page 4: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

That’s Crazy! How can that happen??

Page 5: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

And even worse than being underpaid – many legitimate claims

are denied altogether.

Page 6: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

So, where does that leave the average

homeowner?

Page 7: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Homeowners have to come out-of-pocket for

those costs – if they can.

Page 8: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Or worse – they settle for terrible repairs. (Notice the upper cabinets are different from the lowers.)

Page 9: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

If the insurance company doesn’t pay

– where does that leave you?

Page 10: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Your clients need someone fighting on

their side.

Page 11: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

They need to hire us.

Page 12: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

What is a “Public Adjuster?”

• A licensed insurance adjuster who only works for

policyholders – not for the insurance company.

• We work on a contingency basis, so there are no up-front

costs to hire us. We get paid a small percentage of the claim

when it settles.

• We represent the client through all phases of the insurance

claim including: meeting with the adjuster, writing the

estimate, and negotiating and settling the claim.

Page 13: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Who are we?

Page 14: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Our Adjusters

Page 15: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Tavisha Grant Lead Public Adjuster & Owner

• Experienced insurance broker who understands insurance policies and

how to read them as they apply to claims.

• 15 years experience working for an insurance defense law firm as a

paralegal and legal assistant. Experienced in understanding how the

insurance companies treat claims and what it takes for them to pay.

• A solid understanding of how mortgage companies handle insurance

losses. Experienced in loss draft procedures to release funds so repairs

can be made.

Page 16: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Juan Ordoñez Public Adjuster

• Experienced contractor doing insurance claim work who understands how

the insurance companies handle claims.

• Experienced in dealing with the mortgage companies and the process of

how they release escrowed funds.

• Bilingual - Fluent in Spanish.

Page 17: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Our License

We’re licensed with the State of Arizona as Let’s Go Enterprises, LLC

operating under the dba of Property Claim Adjusters.

Page 18: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

What is the advantage of

hiring a public adjusting

firm?

Page 19: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Florida’s Office of Program Policy Analysis and Government Accountability

study.

Page 20: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

But, what about our firm?

How do we compare?

• A typical water loss client calls us and tells us that their

insurance company has offered them between $10,000 and

$20,000 to settle their claim.

• We typically settle these types of claims for between $30,000

and $60,000.

Page 21: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

The following are a few samples of

claims we’ve handled.

Page 22: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Farmers – Kitchen Water Loss

Initial Offer: $23,488.24

Final Settlement: $49,890.67

Page 23: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Progressive

Bathroom Water Loss Initial Offer: $18,325.72

Final Settlement: $42,966.49*

*See next screen for final settlement offer.

Page 24: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Progressive Bathroom Water Loss

Initial Offer: $18,325.72

Final Settlement: $42,966.49

*See previous screen for initial settlement offer.

Page 25: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Farmers /Mid-Century Insurance Company

Kitchen Water Loss Initial Offer: $11,444.49

Final Settlement: $49,003,94*

*See next screen for final settlement offer.

Page 26: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Farmers /Mid-Century Insurance Company

Kitchen Water Loss

Initial Offer: $11,444.49

Final Settlement: $49,003.94

*See previous screen for initial settlement offer.

Page 27: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

This was a denial from Safeco. We fought it and won

$9,552.00 for the homeowner.

Page 28: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Why such a big difference?

• We understand the areas where the claim is shorted. We

don’t accept that. We fight for every line item.

• We don’t accept improper repairs simply because they are

expensive items. If it needs to be replaced, that’s what we

fight for.

• We understand the documentation adjusters need in order to

pay for certain line items. We get them what they need.

Page 29: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Now that you understand what we do …

how can we partner in a way that’s good for

both of us?

Page 30: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

We pay a 20% referral fee for every

claim you send us.

• Example:

We settle a claim for $40,000.

Our commission is 12% or $4,800.

We would pay you a $960 referral fee.

It’s just that simple.

Page 31: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Annual Revenue Potential

1 referral = $960

2 referrals per month = 24 claims per year

$960 x 24 = a $23,040.00 annual revenue

Page 32: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

This creates a win-win for both you

and your clients.

Page 33: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

• Homeowners: They are happy because they

have someone fighting for them.

• You: You’re happy because you: – Create a new revenue stream without adding any

additional costs, and

– Have satisfied clients who appreciate the referral.

Page 34: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

The Next Step?

READY TO GO? If we’ve answered all your questions

and you’re ready to join our Referral

Program, please sign-up online by

going to:

www.PropertyClaimAdjusters.com/RP/

STILL HAVE QUESTIONS? If you still have questions and would

like to either talk to us on the phone

or set up an in-person meeting,

please either call us at 480-993-3564

or send an email to:

[email protected]

Page 35: Referral Program - Property Claim Adjusterspropertyclaimadjusters.com/RP/Referral.pdf · Lead Public Adjuster & Owner • Experienced insurance broker who understands insurance policies

Conclusion

Thank you so much for taking the time to learn about

our Referral Program. We look forward to working with

you in the future.

14231 N. 7th St., Ste. 6A, Phoenix, AZ 85022

(480) 993-3564