I have a 3 decker house that was badly damaged by a fire early on Monday morning. Only one floor was occupied by a tenant family and I don't think the fire department has figured out yet what caused the fire. The Red Cross apparently told the tenant they'd pay for 2 nigths in a hotel. I think the Housing Authority will help the tenant find a new apartment right away (the famil has a section 8 voucher). Public Adjusters showed up at the scene of the fire and began calling me. My property management company suggested one that would be good to hire. I signed a contract that said I would pay the Public Adjuster 5% of what I receive and he assured me he'd get right to work figuring out how to best negotiate with my insurance company. He also already had a Professional Contractor at the scene to begin boarding up the property right away. I was told I have 3 days after signing a contract in which I can decide if I want to honor the contract. I'd like to trust my property manager's advice but how do I really know if this is a good Public Adjuster company, if 5% is reasonable and even if I really need a Public Adjuster? Do you have any advice? I did a google search and found his company is licensed and is listed by the Better Business Bureau with No Complaints. But that doesn't really seem like a lot of information to go on... Thanks.
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