What to Do If Your Insurance Settlement Offer Is Too Low

Receiving a low insurance settlement offer after a loss can feel like a second hit, especially when your business is still recovering from property damage. But don’t panic—you can take steps to challenge the offer and push for a fair payout.

Why Insurance Settlement Offers May Be Low

Sometimes, insurance adjusters assigned by the insurance company may undervalue your commercial claims. This isn’t always intentional, but insurers are motivated to minimize payouts. That’s why understanding your rights and options is so important.

Step 1: Don’t Accept the Offer Right Away

It may be tempting to settle quickly, but accepting a low offer too soon can leave you covering the rest of the expenses out of pocket. Review the details of the insurance claims decision and compare it with your repair or replacement costs.

Step 2: Request a Detailed Explanation

Ask your insurance adjuster to explain how they calculated the offer. Look for errors, missing items, or depreciation that wasn’t adequately accounted for. It’s your right to understand how they arrived at their figure.

Step 3: Bring in a Public Adjuster

This is where a public adjuster becomes your strongest ally. Unlike the insurance company's adjuster, a public adjuster works exclusively for you. They will inspect your property, review your policy, and build a detailed counterclaim reflecting the damage's value. Their expertise can significantly boost your final settlement.

Step 4: Submit a Counteroffer

With the help of your public adjuster, you can submit a well-documented counteroffer. Include photos, contractor estimates, and additional proof supporting your revised claim amount. Persistence is key here— don’t settle until you’ve fought for what your business truly deserves.

Insurance Settlement Help New York, NY

At Affiliated Adjustment Group, we’ve helped countless business owners fight against unfair insurance claim offers. Our team of experienced public adjusters is ready to review your commercial claims and get you the settlement you’re entitled to.

Do you think your insurance settlement is too low? Contact Adjustment Group today for a free consultation, and let’s fight for your full recovery.