MD Public Adjuster case studies
MD Public Adjuster · Put your knowledge to work in context.
A Maryland public adjuster license authorizes you to represent insureds - never insurers - in preparing, presenting, and negotiating first-party property and casualty claims in Maryland. The license and the examination behind it are administered by the Maryland Insurance Administration (MIA), the state regulator headquartered at 200 St. The MD Public Adjuster case studies are 5 cases and about 2,918 words.
1The Sale, the Fire, and the Coinsurance Trap
A commercial property owner in Baltimore contracted to sell a four-unit apartment building for 1.1 million, with closing scheduled in 30 days. The buyer's deposit is nonrefundable, and the sale contract is silent on risk of loss.
641 words, about 3 min2The Burst Toilet Line: Mold, Matching, and the Seepage Exclusion
A homeowner in Towson insures a 1965 split-level under an HO-3 policy with 450,000 dwelling, 225,000 personal property, 90,000 loss of use, a 5,000 mold sublimit, and a 1,000 deductible. While the family is away for a three-day weekend, the ferrule on a second-floor toilet supply line fractures.
603 words, about 3 min3The Lunch Detour: Auto Liability Meets the Public Adjuster's Scope
A Frederick landscaping LLC owns two pickup trucks. Its commercial auto policy has 1 million liability, 250,000 uninsured motorist, and 50,000 collision with a 1,000 deductible.
569 words, about 3 min4The Sprinkler Code Upgrade and the Depreciation Holdback
A 12-unit apartment building in Silver Spring is damaged by an electrical fire. The policy is a commercial building and business income form with a 2 million blanket building limit, replacement cost, 500,000 business income, a 10,000 deductible, and no ordinance-or-law endorsement.
569 words, about 3 min5The Borrowed License and the 15% Contract
A Prince George's County public adjuster licensed in Maryland hires an unlicensed assistant to meet with homeowners, negotiate with insurers, and sign contracts. The assistant tells a homeowner whose townhouse burned: Do not worry, we will get your 2,500 deductible back and charge you only 15% of the settlement.
536 words, about 3 min