Greg Raab, Manager of Integrated Services at Adjusters International's Utica headquarters, was quoted in two articles published recently by the Consumer Insurance Guide. The Guide frequently reaches out to industry experts to weigh in on important insurance issues facing its readers.
In the first article written by Mike Mosser, titled "Fiscal planning key to hurricane season survival," Raab addresses a myriad of storm-related insurance issues on a panel alongside a meteorologist, an insurance agent, and a university law professor. On the topic of having the proper hurricane coverage on your home, Raab says "People find themselves underinsured a large percentage of the time after major damage so now's the time - it's pennies on the dollar now to buy more coverage in order to protect yourself, but if it's after the fact you're talking big-time expenses."
Additionally, Raab, a member of the Board of Directors of The National Association of Public Insurance Adjusters (NAPIA), tackles one of the trends most damaging to the public adjusting profession — the unauthorized practice of public adjusting by contractors. Raab warns that unscrupulous contractors can take advantage of homeowners post-disasters by claiming they can get work paid for by insurance carriers. "They have no authority in which to negotiate on your behalf, so you're signing a document that says you're going to be delivered something that they can't legally deliver," Raab explains.
In an article by Rick Richards titled "What the hail? Misconceptions about homeowners insurance and hail damage," Raab advocates that all homeowners complete a thorough policy review. "Make sure you have enough coverage. Nearly all policies cover hail, but with the changes taking place in the housing market and home values increasing, it's important to make sure you have enough coverage."
The full articles are available via The Consumer Guide's website at: "Fiscal planning key to hurricane season survival" and "What the hail? Misconceptions about homeowners insurance and hail damage."