SAN FRANCISCO–(BUSINESS WIRE)–The Greenspan Co./Adjusters International, the West Coast’s leading public adjustment firm, today released the most recent edition of its newsletter, “The Private Adjuster’s Perspective”. Intended to serve as an insurance claims resource for independent insurance agents and brokers, the newsletter includes commentary on insurance matters and related case studies, all compiled by the president of Greenspan Co. and Adjusters International Director, Steve Severaid.
Headlining the most recent issue, “Policy Limits and Coinsurance Clauses: Helping Your Customer Avoid Painful Insurance Claims Penalties,” discusses the pitfalls of customer assumptions when buying professional insurance policies. The article then explains the importance of co-insurance clauses and provides tips for engaging in a proactive conversation to help customers understand how best to protect themselves when purchasing insurance.
The following case study follows the same theme, focusing on a widget maker who agreed to a 90% coinsurance clause. When company facilities were damaged by fire, the co-insurance clause complicated the claims process. The case study explains how claims adjusters at The Greenspan Co./Adjusters International leveraged their knowledge to provide their own calculations, resulting in a settlement significantly higher than originally offered.
“Understanding the complications surrounding coinsurance can mean a world of difference when it comes to a real life insurance claim,” said Steve Severaid. “The newsletter team is dedicated to raising awareness of the important intricacies of insurance that can really affect our clients’ results.”
The largest and oldest public adjustment 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 providing excellence in customer service and education. Through participation in local conferences, trade shows and 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. industry and educate communities about the role and value of a public insurance claims adjuster.
To read the newsletter or sign up for updates, click here.
About Greenspan Co./Adjusters International
Founded in 1946, The Greenspan Co./Adjusters International is the West Coast’s leading public adjustment company, serving commercial properties and homeowners. With over 75 years of experience fighting for our clients, Greenspan Adjusters has the expertise and track record 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 customers, not the insurance company, Greenspan’s public adjusters can save you time and reduce your stress while we negotiate the settlement you you deserve. For more information on how a public adjuster can make your life easier after a claim, visit www.greenspanai.com.