SAN FRANCISCO, January 20, 2022--(BUSINESS WIRE)--The West Coast’s leading public adjusting firm, The Greenspan Co./Adjusters International, today published the most recent edition of its informative newsletter, "The Private Adjuster’s Perspective." Intended to serve as an insurance claim resource for independent insurance agents and brokers, the newsletter includes commentary on insurance issues and related case studies, all assembled by Greenspan Co. President and Adjusters International Principal Steve Severaid.
Headlining the most recent issue, "Policy Limits and Co-Insurance Clauses: Helping Your Client Avoid Painful Insurance Claim Penalties," discusses the pitfalls of client assumptions when procuring business insurance policies. The article goes on to break down the significance of co-insurance clauses and provides tips for engaging in a proactive conversation to help clients understand how to best protect themselves when purchasing insurance.
The following case study follows the same theme, focusing on a manufacturer of widgets that had accepted a 90% coinsurance provision. When the company’s facility was damaged by a fire, the coinsurance provision complicated the claim process. The case study explains how adjusters at The Greenspan Co./Adjusters International leveraged their knowledge to provide their own calculations, which resulted in a settlement significantly higher than the original offered amount.
"Understanding the complications surrounding co-insurance can mean a world of difference when it comes to a real-life insurance claim," said Steve Severaid. "The newsletter team is dedicated to spreading the word about important insurance intricacies that can really affect our clients’ bottom lines."
The largest and oldest public adjusting company on the West Coast, The Greenspan Co./Adjusters International has offices in San Francisco, Sacramento, San Jose, Pleasanton, Fresno, Los Angeles, Orange County, San Diego, Phoenix and Las Vegas. For the past 75 years, the company has been committed to excellence in client service and education. Through the attendance of conferences, trade shows, and local events as well as resources such as "The Private Adjuster’s Perspective," The Greenspan Co./Adjusters International makes it a priority to connect with other industry experts and educate communities about the role and value of a public adjuster in insurance claims.
To read the newsletter or sign up for updates, click here.
About The Greenspan Co./Adjusters International
Founded in 1946, The Greenspan Co./Adjusters International is the leading public adjusting firm on the West Coast, serving both commercial properties and homeowners. With more than 75 years of experience fighting for our clients, Greenspan Adjusters has the expertise and track record necessary to prepare, present and negotiate insurance claims to ensure you receive what you are entitled to. And as insurance professionals who represent the interests of our clients–not the insurance company–Greenspan’s public adjusters can save you time and lower your stress as we negotiate the settlement you deserve. For more information about how a public adjuster can make your life easier after a loss, visit www.greenspanai.com.
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