Castle Consulting Group represents policyholders who have suffered property damage. We can file the initial claim for you or re-open and existing claim that has been denied or underpaid by your insurance company.
Let us put our many years of experience to work for you. Our knowledge of insurance policies, procedures and language, along with our extensive background in construction, levels the playing field for the homeowner. We will provide you with a comprehensive, detailed estimate of the cost to put you back to pre-loss conditions and present that estimate to your insurance company. We take over the handling of the claim for you the moment we start representing you.
Property Damage Adjusters
If you are in disagreement with your insurance company over the cost of your claim, your insurance policy affords you the right to have an independent party review your claim. Castle Consulting Group will compare our estimate against the estimate from the insurance company’s adjuster. We will fight for every dollar you deserve to be paid.
If you and the insurance company cannot agree on the value of your property claim, under Florida law you have the right to mediation. The mediation process allows you to dispute the settlement amount your insurance carrier has determined without having to file a lawsuit. For more information about the mediation process, click here.
Types of Property Damage Appraisal and Mediation Claims We Handle for Resident and Commercial Property:
- Business Interruption
- Smoke Damage
- Structural Damage
- Storm Damage
- Water Damage
- Wind Storm
If we do not reach an agreed settlement in mediation, another alternative is to go to appraisal, if your policy has that option. Unfortunately, sometimes it is necessary to file suit against your insurance company to achieve the results the insured is entitled to.
The Appraisal Process
Unlike the Mediation process that is required in all Florida Property policies, the Appraisal process is not mandated by the State. Not all insurance companies offer this option in their policy and some policies directly state either Mediation or Appraisal. If the Appraisal option is in your policy you are not required to go to Mediation, you can opt to go straight to Appraisal. However, Mediation does not cost you anything and we have the opportunity to properly present your claim to the insurance company at that meeting. This applies to both commercial and residential property insurance.
What is the Appraisal Provision?
It is a way of settling a claim that is between Mediation and Litigation. Unlike Mediation where the Insurance Company is required to pay the cost of Mediation, the cost for Appraisal is split between the insured and the insurance company. As your public adjuster we would represent you as your appraiser as part of our service. However, if we could not come to an agreement for settlement of the claim one half the cost of an impartial Umpire is paid by the homeowner. The cost of an umpire is based on the size and complexity of the claim. Typically, the cost to the homeowner would range from $500 to $1,200. For the claim to be settled however, only one appraiser in addition to the umpire must agree on the settlement amount, which is binding.
The Benefit of Going to Appraisal
The appraisal option is much faster than litigation. It is usually a maximum of 30-45 days; whereas most attorneys will tell you that litigation can take anywhere from 2 months to 2 years or longer. It is also less expensive than Litigation. In Florida if you file suit against your insurance company and you win, the insurance company is required to pay your attorney fees. However, if the suit is settled prior to an actual trial, they are not required to do so. Sometimes your attorney can negotiate with the insurance company to cover their fees; but there is no guarantee that will happen. If the appraisal process is provided in your policy it can be an effective way to settle your claim.
The disadvantage of the appraisal process is that if we do not win in appraisal there are only very limited circumstances that would allow you to file suit at a later date. However, there is also a disadvantage to a law suit – you may not win. We are very selective in regard to the people we represent. We will not take a claim that we feel cannot be won or is of a fraudulent nature.
Castle Consulting Group services the Orlando and Central Florida area including: Daytona, Melbourne, Cocoa Beach, Sanford, Ormand Beach, Palm Bay, Kissimmee, St. Cloud, Deland, Deltona, Apopka, Lakeland, Winter Haven, all of Orange County, Seminole County, Lake County, Marion County, Sumter County, Flagler County, Volusia County, Brevard County and Osceola.
— 30 Plus Years of Industry Experience —