Latest News | Coastal Loss Adjusters

No claim is too large for Coastal Loss Adjusters

Tue, 08 Aug 2023 12:26:00 Z

Coastal Loss Adjusters has the experience to handle a property damage insurance claim of any size and value. We are the leading public adjusting firm in The Bahamas, ready to get you on the road to recovery much sooner.

The 2020 hurricane season had proven to be among the most active in history, with more than 25 named storm systems and a dozen hurricanes.

The gulf region of the United States had taken the brunt of the damage, with multiple storms making landfall. As storms battered the southeastern part of the United States, public adjusters continued to support property owners faced with the challenge of recovering.

The parent company of Coastal Loss Adjusters, Sill, is the leading public adjusting firm in North America.

Property owners who have endured damage turn to a public adjuster to speed up their recovery process.

Simply put, we help you file a property insurance claim by giving you expert guidance, legal advice, and peace of mind.

Our company works for property owners, not the insurance company, giving a second opinion in the claims process.

With our help, you will likely see a much larger claim total and a faster settlement.

NO CLAIM IS TOO LARGE

Florida is no stranger to the devastation a hurricane can bring. Our parent company was there to help in one of the most significant hurricane damage claims in history.

In October of 2018, Hurricane Michael slammed into Florida, causing extensive damage. A property ownership group called Arbor Properties saw significant damage to three apartment buildings near Panama City, Florida.

More than 850 apartments units suffered varying degrees of wind and water damage.

The loss ended up having an approximate value of $90,000,000.

Our team led a team of experts through a two-month process to inspect the property damage. Our team also led the negotiations with the lead adjuster for the insurance company. Throughout the process, we worked to secure funding so the property owner could focus on their rebuilding efforts.

"Bottom line is that this huge claim was able to get resolved in fairly short order with adequate funding being issued along the way, which allowed us to rebuild quickly. This made the city happy as we are the largest housing source," said Gordon Thames, President, Arbor Properties, Inc.

Coastal Loss Adjusters can now represent property owners in The Bahamas or anywhere in the Caribbean, and our experience in public adjusting is unmatched.

If you experience any property damage, contact Coastal Loss Adjusters 24/7 to get the insurance settlement you deserve.

Tips to help your business survive hurricane damage

Tue, 08 Aug 2023 12:26:00 Z

Hurricanes can be devastating for your business, but with help from Coastal Loss Adjusters, your company can bounce back from disaster.

By taking just a few steps to prepare, you can limit damage, protect critical data, and create an inventory of your property and all belongings.

First, if you know a storm is coming, you can board up your windows to try to limit the damage. You can also move any valuable equipment, like computers or other devices, to an upper floor if you cannot remove them altogether.

Second, you are going to want to take some photos and videos of your business. This can be used to provide a detailed list of inventory for the items inside your company.

These contents may be eligible for replacement costs in an insurance claim, so documenting your property before the storm is incredibly helpful.

Third, you will want to think about a business continuity plan. Are there certain aspects of your business that can happen away from your office? As you prepare your team for evacuation, you should consider that it could be several weeks or even months before you can return. A detailed plan for how you might continue to do business could be crucial to its survival.

Here at Coastal Loss Adjusters, we specialize in hurricane damage claims for businesses. Calling our team of licensed public adjusters right away after the storm is critical. We can take on the burden of handling each step of your claim so you can focus on your business.

When you hire Coastal Loss Adjusters, we ensure that you get the insurance settlement you deserve. You can contact our team 24/7.

5 things to do immediately after property damage

Tue, 08 Aug 2023 12:26:00 Z

If you own a hotel, large home, or another type of business, you could face challenges if your property suffers any damage.

Most property owners will call their insurance company right away after a disaster, but you should know that you have the right to get help with your claim.

Coastal Loss Adjusters is the fastest-growing public adjusting firm in The Bahamas. Our company can help your business deal with property damage, navigate an insurance claim, and recover much faster.

Here are 5 things you need to do right away if your property is damaged:

Make sure your guests and staff are safe
Prevent further damage by containing the results of the disaster
Document the damage by taking photographs and video
Save all receipts for immediate expenses
Hire an expert public adjuster to guide you through complex insurance claims

Our team can provide an expert review of your policy to identify all coverages. This review ensures you get the insurance settlement you deserve.

When you hire Coastal Loss Adjusters we can prepare your proof of loss documents, assess all property damage, and potentially recover any lost revenue due to the damage. Contact our team 24/7 if you experience property damage.

What does a public adjuster do after an insurance claim?

Tue, 08 Aug 2023 12:26:00 Z

A public adjuster can help anyone dealing with an insurance claim after a devastating hurricane. Sill is the leading public adjusting firm in North America.

A hurricane can cause an overwhelming amount of property damage. Powerful winds can tear the roof from any structure or cause a total collapse.

A storm surge can quickly inundate your property, leaving your belongings under several feet of water. Torrential rains add to the damage as wind-driven rain sweeps through a property.

If you own the property, you may feel like you do not know where to begin to pick up the pieces. Most people will call their insurance company to start a claim, but you also have the right to contact a public adjuster.

Public adjusters do not work for the insurance company; they work for you, the property owner. When you hire Sill, you get support from the leading public adjusting firm in North America. Our team includes insurance policy, property damage, and business interruption experts.

This means we can handle every aspect of your claim, including any loss of revenue claims for business owners.

If your property was damaged during a hurricane calling Sill could save you countless hours of stress as well as thousands of dollars. At the start of your claim, we can provide an expert review of your policy. Our insurance experts understand policy law, and your state's insurance board licenses them.

Our appraisal team will provide a thorough inspection of your property, and they will produce a complete proof of loss report that your insurance company will require. Our team often uncovers damages that your insurance company's adjuster may overlook.

We can handle any negotiations with your insurance provider, which will settle your claim much faster than you will on your own. Our clients also receive a much higher settlement amount from their insurance company.

If your business or your sizeable residential home has suffered damage from recent hurricanes, you can contact Coastal Loss Adjusters 24/7 to get your claim started.

With Coastal Loss Adjusters, you get the insurance settlement you deserve.