ME Public Adjuster case studies
ME Public Adjuster · Put your knowledge to work in context.
The Maine Public Adjuster License Exam is the assessment associated with licensing individuals who represent policyholders - rather than insurers - when negotiating property and casualty claims in Maine. It is intended for people preparing to work as public adjusters, and for currently licensed professionals who want a structured way to test their knowledge. The ME Public Adjuster case studies are 5 cases and about 2,871 words.
1Three-Day Cancellation After a Kitchen Fire
On March 4 at 9:15 p.m., a Portland homeowner signs a one-page public adjuster contract at her kitchen table while firefighters are still rolling hose. The contract states a fee of "15% of all money recovered, including recoverable depreciation, code upgrades, and interest." It does not contain a rescission notice, a statement that the adjuster represents the insured, or a place for the insured to acknowledge receipt of a copy.
610 words, about 3 min2Discontinued Shingles, a 25% Code Trigger, and Matching
A 1972 ranch in Bangor has 22-year-old three-tab shingles that were discontinued in 2008. A June hailstorm damages 14 squares on the rear slope; the front slope shows granular loss but no hail fractures.
592 words, about 3 min3The Unlicensed 'Strategist' and the Vendor Referral Fee
A Maine-licensed public adjuster, P, has a two-person office. He pays "senior claim strategist" S, who is not licensed in Maine, 30 per hour.
554 words, about 3 min4Coinsurance, a Sworn Statement of Values, and 'Making the Numbers Work'
A Lewiston commercial building is insured for 1.2 million under a policy with an 80% coinsurance clause and a 10,000 deductible. At the time of a March fire, the building's actual replacement cost is 2.0 million.
535 words, about 3 min5A Signed Release, Hidden Mold, and a Ten-Day Threat
In January, a pipe bursts in an Old Town duplex and the insurer pays 52,000 for water damage. The insured signs a release stating "in full settlement of all claims arising from the January 18 loss." In April, a remediation contractor removes kitchen cabinets and finds mold on framing and subfloor; the estimate is 28,000.
580 words, about 3 min