Why Is My Public Adjuster on My Check?
Feb 22, 2024 Crossroads IRA
When you hire a public adjuster, you may notice their name appears alongside yours on the insurance settlement check. This is standard practice, and understanding why it happens should put your mind at ease.
Why Both Names Appear
A public adjuster works on a contingency fee, meaning they are paid a percentage of the settlement they recover for you. Listing the adjuster on the check is the insurer's way of acknowledging that representation and ensuring the agreed fee is honored once the claim is paid.
What It Means for You
- Your adjuster's compensation is tied directly to your recovery.
- Funds are disbursed according to your signed agreement.
- You receive your share once the check is processed and endorsed.
- It signals the claim has been settled and the work is complete.
This contingency model means your interests and your adjuster's interests are aligned: the more they recover for you, the better the outcome for everyone. Crossroads Insurance Recovery Advocates is transparent about fees from the very first conversation.