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3 episodes with andy gurczak
3 episodes with andy gurczak
2 episodes with andy gurczak
2 episodes with andy gurczak
In this eye-opening episode of In The Lab, Ruben sits down with public adjuster Andy Gurczak of All City Adjusting for a second time to unpack the misunderstood world of insurance claims and temporary housing. Andy explains why most homeowners and investors are at a major disadvantage when filing insurance claims and how public adjusters can help recover tens of thousands of dollars more—often without the property owner having to lift a finger. Ruben and Andy walk through the lifecycle of a claim, the different players involved (staff adjusters vs. CAT adjusters vs. public adjusters), and how midterm rental operators can better serve displaced families by understanding Coverage D and building stronger relationships with adjusters, agents, and vendors.You'll learn why calling the insurance company first could cost you, how to shift deductibles strategically, and how to frame your housing proposals so they actually get approved. Andy also reveals how his team inventories personal property for families after a fire and why personal property often becomes the biggest overlooked payout opportunity.If you're in real estate—especially the midterm rental or insurance housing space—this is a must-listen conversation that could dramatically change how you approach claims and partnerships. Tune in now to learn how to build trust with adjusters, navigate insurance timelines, and position yourself as the go-to housing solution.Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintHIGHLIGHTS OF THE EPISODE:08:59 Andy talks about calling a public adjuster first before talking to your insurance company.29:59 Andy talks about why you should choose the home instead of the hotel. KEEPING IT REAL:05:00 - What a public adjuster does and how they get paid10:45 - Why you should never call your insurance company first14:00 - The difference between staff adjusters vs. CAT adjusters18:30 - Adjuster motivations: bonuses, overwhelm, and bias22:00 - Understanding Coverage D and relocation budgets28:30 - Can relocation funds be extended or shifted?32:00 - Should families stay in hotels or homes?36:20 - How to build relationships with public adjusters and agents44:00 - How PA services help investors inventory personal property54:00 - How to speed up proposal approvals with adjusters #PublicAdjuster #InsuranceClaims #CoverageD #MidtermRentals #TemporaryHousing #RealEstateInvesting #PolicyholderAdvocacyCONNECT WITH THE GUESTWebsite: https://allcityadjusting.com/Linkedin: https://www.linkedin.com/in/andy-gurczak-528b9b64/Facebook: https://www.facebook.com/allcityadjusting/
A client had his business burn to the ground and was originally quoted $3,000 by his insurance company. With Andy Gurczak's help, he received over $600,000 and was able to properly rebuild and restart his business - enjoy and listen to his strategy.Andy is the Founder of AllCity Adjusting, a licensed public adjusting firm with a focus on making sure their clients get what they truly deserve from their insurance claims.***DON'T KNOW WHERE TO START WITH FRANCHISING? Grab Bob Bernotas' free course for a limited time only at edu.franchisewithbob.com/ideal***[00:00-03:10] Insurance Adjusting[03:11-04:52] Best Deal[04:53-06:47] Costs and Coverage[06:48-11:32] Process that matters I[11:33-12:40] SP: Franchising made easy[12:41-16:17] Process that matters II[16:18-18:01] Right Partner?[18:02-25:35] Landlord Secrets & Strategies[25:36-28:13] Final ThoughtsSpecial mention: Vince LombardiConnect with Andy at allcityadjusting.comAny questions?*** Grab my 10k/month passive income strategy and weekly newsletters at https://tinyurl.com/iwg-strategy BOOK IS OUT! Grab Your Copy and learn how to get your feet wet in real estate investing
What Happens When Your Airbnb Becomes a Disaster? Join us as we sit down with Andy Gurczak, a seasoned public adjuster and new short-term rental owner, to explore the often-overlooked world of insurance claims for vacation rentals. In this eye-opening episode, Andy reveals insider tips on protecting your property and why your standard homeowner's insurance policy might not have your back when you're hosting on platforms like Airbnb. From how one plumber's report can make or break a claim, to the vital importance of documenting everything—from receipts to photos—Andy shares his expert advice. Drawing on his personal experience as a new short-term rental owner, Andy also talks about the real challenges of setting up and managing a rental property. Plus, he provides his direct contact info for listeners seeking tailored insurance advice, making this episode an invaluable resource for anyone serious about safeguarding their investment. Whether you're a seasoned host or just starting out, this episode offers practical wisdom on navigating the complexities of insurance and avoiding potential pitfalls in the vacation rental world. Don't miss it! Things we discussed in this episode: Why you need specialized insurance for short-term rentals like Airbnb How public adjusters fight for your claim and maximize payouts The importance of documenting everything—photos, receipts, inventory Hidden gaps in standard homeowner's policies for rental properties Real challenges of setting up and managing a new short-term rental Why loss of income coverage is a must for vacation rental owners How to simplify property management and enhance guest experience Key policy details and exclusions every host should know Building referral networks with insurance pros and mitigation teams Get in touch with Andy: LinkedIn - https://www.linkedin.com/in/andy-gurczak-528b9b64/ Facebook - https://www.facebook.com/Andy.Gurczak Website - https://allcityadjusting.com/ #SmartStayShow #realestate #realestateinvestor #realestateagent #RealEstateInvesting #ShortTermRentals #AirbnbInsurance #PropertyInvestment #InsuranceClaims #RentalPropertyTips #PublicAdjuster #VacationRentalOwners #PropertyProtection #STRBusiness Follow Us! Join Jason Muth of Prideaway Stays and Straightforward Short-Term Rentals and Real Estate Attorney / Broker Rory Gill for the first episode of SmartStay Show! Following and subscribing to SmartStay Show not only ensures that you'll get instant updates whenever we release a new episode, but it also helps us reach more people who could benefit from the valuable content that we provide. SmartStay Show Website and on Instagram and YouTube Prideaway Stays Website and on Facebook and LinkedIn Straightforward Short-Term Rentals Website and on Instagram Attorney Rory Gill on LinkedIn Jason Muth on LinkedIn Hospitality.FM SmartStay Show is part of Hospitality.FM, a podcast network dedicated to bringing the best hospitality-focused podcasts to those in and around the industry, from Food + Beverage, Guest Experience, Diversity & Inclusion, Tech, Operations, Hotels, Vacation Rentals, Real Estate Law, and so much more!
Send us a textAndy Gurczak is the Founder of AllCity Adjusting, a licensed public adjusting firm with a focus on making sure their clients get what they truly deserve from their insurance claims. Over the last decade, Andy has not only protected thousands of people from being defrauded, but he has also helped them receive more money than what their insurance initially offered. Andy grew up with the family motto, “if you're going to do something, do it right, or don't do it at all” - a sentiment he now carries into his business. Support the showFollow Rama on socials!LinkedIn | Meta | Twitter | Instagram|YoutubeConnect to Rama Krishnahttps://calendly.com/rama-krishna/ E-mail: info@ushacapital.comWebsite: www.ushacapital.comRegister for Multifamily AP360 - 2025 virtual conference - https://mfap360.com/To find out more about partnering or investing in a multifamily deal: email: info@ushacapital.com
Andy Gurczak is the Founder and CEO of AllCity Adjusting, a public adjusting firm dedicated to securing fair insurance claim settlements. With over a decade of experience, Andy has shielded thousands from insurance fraud and boosted their claims' value. His family's principle, "If you're going to do something, do it right or don't do it at all," flourishes through his firm's advocacy for property owners. Specialized in complex claims like fire, water, and hurricane damage, Andy and his team work across over 35 states. In this episode… Navigating property insurance claims can feel like an uphill battle, especially when facing denials, underpayments, or confusing fine print. Too often, policyholders accept the first offer without realizing they could be entitled to much more. So how can property owners make sure they're not leaving money on the table? According to Andy Gurczak, a seasoned public adjuster and expert in maximizing claim payouts, the key is understanding how insurance companies operate and knowing when to bring in a public adjuster. He highlights how insurers often use vague or technical loopholes to reduce or deny claims. Public adjusters act as advocates, ensuring claims are documented properly and negotiated aggressively. By getting involved early, they can reshape the outcome of a claim and recover tens or even hundreds of thousands more than initially offered. Andy explains how timing, wording, and knowing the system can make or break your settlement. In this episode of The Same Day Podcast, host Mat Zalk is joined by Andy Gurczak, Founder and CEO of AllCity Adjusting, to talk about how public adjusters help property owners win bigger insurance claims. Andy explains why claims get denied, how early involvement changes outcomes, and what documents and terms can make or break a payout. He also gives advice on how landlords can protect rental income during lengthy claim processes.
When dealing with insurance companies it can often feel the chips are stacked against you, and itâs the insurance adjusterâs job to even the scales. Nathan welcomes Andy Gurczak, Founder and CEO of Allcity Adjusting, back to the show to discuss state property insurance laws, mistakes people make during the claims process, and strategies used by public adjusters to ensure customers get a fair settlement. Host: Nathan Beauvais CFP®, CIMA®; Guest: Andy Gurczak; Air Date: 4/4/2025; Original Air Date: 2/28/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
In this episode of Expert Insight Interview, John Golden speaks with Andy from All City Adjusting about the complexities of insurance claims. They discuss key strategies for homeowners and business owners, including reviewing policies, avoiding common claim mistakes, and maximizing payouts. Learn how a public adjuster can advocate for you and ensure you receive fair compensation. Tune in now to gain valuable insights and protect your assets! For expert assistance, contact Andy at (708) 655-4186 or visit All City Adjusting.
When dealing with insurance companies it can often feel the chips are stacked against you, and it's the insurance adjuster's job to even the score. Nathan welcomes Andy Gurczak, Founder and CEO of Allcity Adjusting, back to the show to discuss state property insurance laws, mistakes people make during the claims process, and strategies used by public adjusters to ensure customers get a fair settlement. Host: Nathan Beauvais CFP®, CIMA®; Guest: Andy Gurczak; Air Date: 2/28/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
Managing an insurance claim can feel like navigating a maze blindfolded, but fear not! In this episode, we've got the insurance wizard himself, Andy Gurczak, an independent insurance adjuster, sharing the ins and outs of handling those tricky claims. We dive deep into the nitty-gritty of why having the right coverage is crucial, especially when disaster strikes—think wildfires, floods, or that pesky tree that decides your roof is its new home. With some real-life examples and a sprinkle of humor, we chat about the importance of understanding your policy and what to do when things go sideways. So, grab your headphones and get ready to take some notes because Andy's got the tips and tricks to ensure you're not left high and dry when you need your insurance to come through! If you want the full scoop, check out the premium episode—it's worth every penny!Navigating the choppy waters of insurance claims can feel like trying to paddle upstream in a raging river, especially when disaster strikes and your home is on the line. In this engaging hour with Andy Gurczak, a seasoned independent insurance adjuster, we plunge deep into the ins and outs of managing an insurance claim. From his unique perspective as a public adjuster, Andy sheds light on common pitfalls homeowners encounter. He shares jaw-dropping stories of clients caught off guard by the fine print of their policies, leaving them underinsured and scrambling for help. We'll explore the nuances of how to effectively communicate with your insurance company, ensuring you use the right terminology—because let's be real, saying “flood” when you mean “leak” might just sink your claim! With wildfires and hurricanes making headlines, this episode is a timely reminder that having the right coverage isn't just smart, it's essential. Tune in to learn how to ensure you're adequately protected and what steps to take if you find yourself facing a claim. As we venture further into the conversation, Andy and I discuss the often-overlooked importance of proactive policy reviews. It's crucial to have a professional like Andy in your corner, especially when you're navigating the murky waters of insurance claims. He emphasizes the need for homeowners to understand what their policies actually cover, highlighting the shocking reality that many are woefully underinsured. Whether it's the cost of rebuilding under new codes or the unexpected expenses from mold remediation, we break down the costs that can pile up faster than you can say “insurance adjuster.” If you're a homeowner or even thinking about buying a home, this episode is packed with insights to protect your biggest investment. Listen closely, and you might just avoid the disaster of being caught without the right coverage when you need it most!Takeaways: Understanding your insurance policy is crucial; many homeowners are underinsured without realizing it. When filing a claim, avoid using terms like 'flood' or 'mold' to prevent complications with your coverage. Public adjusters can provide invaluable assistance during your insurance claims process; don't hesitate to reach out. Homeowners should regularly review their policies to ensure they have adequate coverage for current home values. It's essential to document everything in your home before a disaster strikes, so you're prepared if something happens. Navigating the aftermath of a disaster can be overwhelming; having a trusted professional can save you time and stress. Links referenced in this episode:monumentgrills.comallcityadjusting.comCompanies mentioned in this episode: Monument Grill All City Adjusting State Farm...
Ready to supercharge your internet and navigate the wild world of homeowners insurance claims? We've got you covered! First up, I'll be sharing some killer tips to amp up your Wi-Fi speeds and unveil the latest smart tech that'll make your home feel like it's living in the future. And trust me, if your router is older than your favorite pair of socks, it might be time for an upgrade to keep up with those high-speed dreams. Then in the second hour, we're diving deep with Andy Gurczak from All City Adjusting, who's got the inside scoop on filing homeowners insurance claims like a pro. We're talking about how to get every penny you deserve when disaster strikes, and trust me, you don't want to miss those golden nuggets of wisdom! So grab your headphones and settle in, because this episode is packed with tips and a sprinkle of fun that you won't want to miss!Get ready to crank up your Wi-Fi speed and tackle those pesky homeowners insurance claims like a pro! This Saturday on the Around the House show, Eric G is here to spill the beans on how to turbocharge your internet connection. We're diving into the nitty-gritty of Wi-Fi tech, discussing how outdated routers and switches can turn your high-speed internet into a slowpoke. I mean, who wants to pay for lightning-fast speeds only to be held back by an old piece of tech? We'll share some savvy tips on identifying your bottlenecks and making sure your tech setup is up to speed, literally! Plus, Eric's got some shiny new smart home gadgets to talk about that'll make your place the talk of the town.But wait, there's more! In the second hour, we're switching gears like a pro racecar driver with Andy Gurczak from All City Adjusting. We're diving deep into the world of homeowners insurance claims and how to navigate the often murky waters of filing them. You'll learn the ins and outs of what to do when disaster strikes—like when a pipe decides to let loose and turns your home into a water park. Andy's got some golden nuggets of wisdom on making sure you get what you're entitled to from your insurance provider. Spoiler alert: it's not always as easy as it sounds, but with the right knowledge, you'll be better equipped to handle it.So, whether you're looking to boost your Wi-Fi or want to ensure your insurance claims don't leave you high and dry, this episode is packed with valuable insights. Join us this Saturday for a good time, some laughter, and a whole lot of useful info. Don't miss out on the tech tips and insurance wisdom that might just save your weekend!Takeaways: Upgrading your Wi-Fi router is crucial if you're paying for high-speed internet but experiencing slow speeds. Understanding your insurance policy is key; filing a claim without knowledge can lead to major headaches. Having a public adjuster on your side can significantly improve your chances of getting a fair insurance settlement. Regularly check your network devices to avoid bottlenecks that can slow down your internet speed. Homeowner insurance claims can be more complicated than they seem; always be prepared for surprises. The right tools and knowledge can help you maximize your home tech and insurance benefits effortlessly. To get your questions answered by Eric G give us a call in the studio at 833-239-4144 24/7 and Eric G will get back to you and answer your question and you might end up in a future episode of Around the House. Thanks for listening to Around the house if you want to hear more please subscribe so you get notified of the latest episode as it posts at https://around-the-house-with-e.captivate.fm/listenIf you want to join the Around the House Insider for access to the back catalog, Exclusive Content and a direct email to Eric G and access to the show early
Discover how Andy Gurczak, founder of All City Adjusting, helps policyholders fight back against insurance companies and get the payouts they truly deserve. If you've ever had a claim denied or felt underpaid, this episode is a must-watch! Learn how public adjusters can advocate for you, uncover hidden claim opportunities, and ensure you maximize your settlement. Hosted by Joel Miller, the Mornings with Joel Commercial Real Estate Podcast brings you insightful conversations with industry leaders, rising stars, and experts who are shaping the world of commercial real estate. Interested in becoming a guest or sponsoring the podcast? Reach out to us.
In this urgent and timely episode of 'Rethink Real Estate,' host Ben Brady welcomes back Andy Gurczak, CEO of All City Adjusting, to dive deep into the complexities of managing insurance claims in the aftermath of the recent LA fires. This discussion is particularly crucial for anyone struggling with insurance adjustments and claims processes in disaster-affected areas. Andy, a seasoned insurance adjuster, shares vital insights into the current state of the insurance industry, offers advice for homeowners dealing with total loss or extensive property damage, and explains how to navigate the challenging landscape of insurance claims to ensure fair treatment and adequate compensation. Together, Ben and Andy explore the broader implications of escalating insurance premiums across the U.S. and discuss the impact of regulatory environments on claim handling. They also tackle the sensitive topic of how to effectively manage your insurance claim to maximize recovery, touching on the practical steps to take immediately following property damage. The episode is packed with essential information for handling insurance claims, understanding policy entitlements, and strategizing for future security in the face of increasing natural disasters. Timestamps & Key Topics: [00:00:00] - Introduction and impact of LA fires on insurance claims [00:01:34] - Overview of the current insurance landscape in the U.S. [00:03:08] - Detailed strategies for homeowners dealing with total losses [00:08:10] - Role of public adjusters in advocating for homeowners [00:18:13] - Future predictions for the insurance industry [00:25:27] - Closing thoughts on the importance of advocacy in insurance claims
Connect with the host:LinkedIn: https://www.linkedin.com/in/brandon-e-jenkins/Website: https://www.birchprosper.com/--About the guest:Andy Gurczak is the visionary Founder and CEO of AllCity Adjusting, a premier public adjusting firm dedicated to ensuring insured clients receive fair and equitable insurance payouts. With over a decade of leadership, Andy has propelled the company to impressive growth, skillfully managing multi-million dollar claims across both commercial and residential properties. Beyond his mastery in public adjusting, Andy is an accomplished property investor with a diverse portfolio spanning the Midwest. His deep expertise in sales, construction, and real estate enables him to lead one of the most efficient and effective public adjusting firms in the nation.Connect with Andy Gurczak: Website: https://allcityadjusting.com/Email: andy@allcityadjusting.com Episode Highlights:✔️ The role of public adjusters in the claims process✔️ Complexities in multi-family Insurance✔️Impact of rising non-controllable costs ✔️Understanding insurance limits✔️Common areas of coverage exposure✔️Pre-emptive engagement with public adjusters --
Are you aware that the depreciation on your insurance claims can be negotiated to get you more money upfront? In this episode, the intricacies of insurance claims, particularly the differences between replacement cost and actual cash value, are unpacked. Andy Gurczak shares expert insights on how depreciation can be negotiated, the importance of understanding your policy, and the necessity of having a public adjuster on your team. From exploring the lifespan of different components to ensuring you have the right endorsements, this conversation is a must-listen for anyone looking to navigate the complex world of insurance claims more effectively. [00:01 - 04:17] The Basics of Replacement Cost vs. Actual Cash Value How deductibles are calculated and the implications for policyholders The role of depreciation in claims and how it can be negotiated The differences between replacement cost policies and actual cash value policies [04:18 - 08:02] Navigating Depreciation Schedules How to negotiate depreciation with your insurer How each component's lifespan affects depreciation The differences in depreciation regulations across states [08:03 - 12:38] The Role of Software in Insurance Claims The software tools used by insurance companies to estimate damages How costs are broken down in claims estimates How to leverage the insurer's own software for your benefit [12:39 - 17:09] Law and Ordinance Coverage The importance of law and ordinance coverage for code upgrades What is typically included in law and ordinance coverage The crucial role an insurance agent plays in securing the right coverage [17:10 - 22:34] Building a Strong Insurance Team The importance of having a knowledgeable insurance team How to choose a public adjuster (PA) that fits your needs How to navigate family dynamics in insurance decisions Key Quotes: "Depreciation on insurance claims can be negotiated, and most things on a claim can be negotiated." – Andy Gurczak "Understanding your policy is crucial. You can't recover what you don't know you're entitled to." - Andy Gurczak Connect with Andy: Website: https://allcityadjusting.com/ LinkedIn: https://www.linkedin.com/in/andy-gurczak-528b9b64/ Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today! LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, YouTube channel, or website https://www.theacademypresents.com/jointhesummit36848306.
How can navigating the complexities of insurance claims save you from financial loss and frustration? In this episode, Andy Gurczak delves into the intricate world of insurance claims, shedding light on the often-confusing roles of adjusters, the tactics used by insurance companies, and the critical importance of understanding your rights as a policyholder. From the differences between public and independent adjusters to real-life examples of claim disputes and advice on how to handle them, this episode provides valuable insights for anyone dealing with property insurance. [00:01 - 04:33] The Role of Adjusters Public adjusters vs. independent adjusters Shift towards hiring independent adjusters Why insurance companies prefer independents [04:34 - 08:19] The Changing Landscape of Insurance Adjustments The decline of experienced, in-house adjusters Challenges with inexperienced staff Delays and miscommunications in the claims process [08:20 - 12:14] Handling Your Own Claim What to do (and not do) when filing a claim How oversharing can jeopardize your claim A denied claim due to excessive information sharing [12:15 - 16:22] Property and Liability Insurance Explained Property vs. liability insurance Examples of how claims are handled in different situations Who is responsible for what in a claim [16:23 - 19:40] Navigating Insurance Policies and Premiums Factors that influence rising premiums Balancing cost and coverage when choosing insurance Ensuring your insurance meets mortgage requirements Key Quotes: "The burden of proof is always on the insured. It's your job to tell them what they owe you." - Andy Gurczak "If you're going to do your own claim, shut the F up. Don't say anything more than necessary." - Andy Gurczak Connect with Andy: Website: https://allcityadjusting.com/ LinkedIn: https://www.linkedin.com/in/andy-gurczak-528b9b64/ Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today! LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, YouTube channel, or website https://www.theacademypresents.com/jointhesummit36848306.
What hidden pitfalls are lurking in your insurance claims, and how can a public adjuster save you from costly mistakes? In this episode, Andy Gurczak, a seasoned public adjuster who demystifies the complex world of insurance claims, shares his journey from construction sales to becoming an expert in public adjusting, advocating for landlords, investors, and property owners. He reveals the often-overlooked benefits of hiring a public adjuster, the intricacies of insurance policies, and the common pitfalls property owners face. Through real-life examples, Andy illustrates how public adjusters can secure maximum payouts, ensure proper repairs, and protect clients from the financial repercussions of inadequate claims handling. [00:01 - 04:00] Introduction and Background Andy's journey into public adjusting Licensing and company growth Specialization in working with investors and landlords [04:02 - 07:00] The Role of Public Adjusters Definition and purpose of public adjusters The issue with property managers handling claims Real-life example of a mishandled claim [07:01 - 10:00] Common Issues with Insurance Claims Mismanagement of claim funds The pitfalls of using non-public adjusters The financial benefits of using a public adjuster [10:01 - 15:00] Case Study: Hail Damage Claim Misleading reports from storm chasers The importance of honest evaluations The potential consequences of filing false claims [15:01 - 18:35] Navigating Complex Insurance Policies The nuances of different policy types Common exclusions and coverage gaps The importance of professional guidance Key Quotes: "Everyone wants to control the money, but a public adjuster ensures you get what you're owed." - Andy Gurczak "No claim has ever been the same in 11 years; each one is unique with its own challenges." - Andy Gurczak Connect with Andy: Website: https://allcityadjusting.com/ LinkedIn: https://www.linkedin.com/in/andy-gurczak-528b9b64/ Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today! LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, YouTube channel, or website https://www.theacademypresents.com/jointhesummit36848306.
In this enlightening episode of Rethink Real Estate, host Ben Brady is joined by Andy Gurczak, Founder and CEO of AllCity Adjusting. Andy brings a wealth of knowledge from the world of real estate insurance, discussing the common pitfalls that real estate professionals encounter when dealing with property insurance claims. Throughout the episode, Andy shares crucial advice for listing agents and property management specialists on how to handle insurance claims effectively without compromising their clients' interests. He explains the importance of understanding what information to disclose during a claim process and highlights common mistakes that can inadvertently harm a claim, even if the details seem unrelated to the damage or loss.
On this episode of Real Estate Lowdown we're demystifying the often unknown, but crucial world of insurance adjusting and the indispensable role of public adjusters.Andy Gurczak is the Founder of AllCity Adjusting, a licensed public adjusting firm with a focus on making sure their clients get what they truly deserve from their insurance claims. Over the last decade, Andy has not only protected thousands of people from being defrauded, but he has also helped them receive more money than what their insurance initially offered. Andy does a great job of explaining simply the labyrinth that is insurance claims, why having a dedicated advocate is crucial in an industry often skewed against the policyholder, and how public adjusters empower policyholders, especially in the real estate sector, to secure fair settlements. He takes us on a behind the scenes deep dive into the ethical dilemmas plaguing the insurance industry, where the pursuit of profit often leads to denied claims and disheartened consumers and sheds light on the tactics used by insurance companies.This episode examines the intricate dance between protecting against fraud and ensuring legitimate claims are honored. With practical advice on navigating insurance claims, avoiding common pitfalls, and the misconceptions about private insurance firms. Connect further with Andy at https://allcityadjusting.com.To securely invest with a partner that cares about your investment priorities and provides low risk with maximized returns, please consider joining our successful investing family and let us create a legacy of financial and community impact together. Please email bill@firstliencapital.com or go to https://www.firstliencapital.com.Stay connected with Bill Bymel and First Lien Capital:Linktree: https://linktr.ee/billbymelTo learn more, visit:https://billbymel.com/Listen to more episodes on Mission Matters:https://missionmatters.com/author/bill-bymel/
Andy Gurczak is the Founder and CEO of AllCity Adjusting, a public adjusting firm dedicated to securing fair insurance claim settlements. With over a decade of experience, Andy has shielded thousands from insurance fraud and boosted their claims' value. His family's principle, "If you're going to do something, do it right or don't do it at all," flourishes through his firm's advocacy for property owners. Specialized in complex claims like fire, water, and hurricane damage, Andy and his team work across over 35 states. AllCity Adjusting thrives under his guidance, ensuring clients are never underpaid by insurance companies. In this episode… Understanding the complex world of insurance claims can be daunting, especially when facing significant losses. How can property owners ensure they receive the compensation they truly deserve? Is there a way to streamline the process and avoid common pitfalls? According to Andy Gurczak, a seasoned expert in public adjusting, the key lies in understanding and leveraging the nuances of insurance policies. He highlights the importance of early involvement with a public adjuster to maximize claim outcomes and minimize delays. By reviewing policies proactively and establishing a relationship with an adjuster, property owners can avoid underinsurance and costly mistakes. This proactive approach can make the difference between a denied claim and a substantial payout, ensuring that the insured are adequately protected and compensated. In this episode of The Same Day Podcast, host Mat Zalk sits down with Andy Gurczak, Founder and CEO of AllCity Adjusting, to discuss strategies for maximizing insurance claims. They explore the critical role of public adjusters, the importance of thorough policy reviews, and the benefits of having expert guidance during the claims process.
Tim and Jean talk with Andy Gurczak of AllCity Adjusting and learn about processing property insurance claims.AllCity Public Adjusting is a family-owned claims company. Learn more here.Connect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com
When filing insurance claims, many companies attempt to do so without the assistance of a public adjuster, which can have a negative impact on their bottom line. Andy Gurczak of All City Adjusting joins the podcast to share best practices to ensure your insurance claims are paid correctly and to maximize every aspect of your claim. He also discusses the benefits of working with a public adjuster and the best ways to handle insurance claims if you're unable to do so.Learn more about Rent Manager's industry-leading accounting, reporting, maintenance, and communication features at RentManager.com, or connect with us on LinkedIn, Facebook, Instagram, YouTube, and Twitter.You can learn more about Andy Gurczak on LinkedIn and All City Adjusting on their company's website.Visit RentManager.com/Podcast to submit an idea for an upcoming episode of Beyond Rent and discover more about the program.
Enjoy this discussion with Andy Gurczak, founder of All City Adjusting. Andy is a public adjuster, assisting property owners to get higher payouts on their insurance claims. In this conversation, Jonathan and Andy discuss why you and your insurance company do not have aligned interests, what you should NOT do when filing a claim, exclusions and endorsements to watch out for, and why you might want to work with a private/ public adjuster on your next major claim on a commercial real estate property. Connect with Andy:www.allcityadjusting.comAndy also provides his direct phone number at the end of the episode. TakeawaysInsurance companies often use strategies to delay or deny claims, making it crucial for insured parties to have a public adjuster on their side.Understanding the details of an insurance policy is essential to ensure proper coverage and avoid surprises during the claims process.Engaging with a public adjuster, such as All City Adjusting, can help insured parties navigate the complex claims process and maximize their claim payout.Working with a public adjuster does not typically impact insurance premiums, and insured parties cannot be dropped by their insurance company for hiring a public adjuster.Chapters00:00Introduction and Background03:07The Role of a Public Adjuster08:07Strategies Used by Insurance Companies10:26Mistakes Made by Insured Parties17:24Understanding Insurance Policies18:39Engaging with All City Adjusting20:41The Problem with Contractor Bids22:04Impact on Insurance Premiums24:35Working with a Public Adjuster26:25Engaging with All City Adjusting27:36Timeframe for Claim Resolution28:44Payment and Fees29:50Choosing the Right Public Adjuster30:56Final ThoughtsSupport the podcast by making a monthly donation through Patreon. When you contribute, you'll get access to bonus content not available anywhere else. If you enjoyed this episode, you would probably enjoy reading my weekly newsletter. Every Friday, you'll get a behind the scenes look at my investing, including current events in commercial real estate, deals I'm working on, and random personal things going on in my life. It's a super quick read and you can unsubscribe anytime. - Jonathan Subscribe to the newsletter here: www.thesourcecre.com/newsletterEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.
On this episode the duo our joined by friend of the show, Andy Gurczak. Big news update going on with TikTok and the guys breakdown what it means, Josh brings up why he think Boeing is a good buy, Tesla keeps falling and the group explains why you should never count Elon out, Andy gives us a inspirational story about entrepreneurship and to why you should never give up and more in this 2 hour episode. Music: Fitz and the Tantrums - MoneyGrabber Follow our TikTok - @stocktalk_joshniko Follow our Twitter - https://twitter.com/StockTalk_1 Discord - Stock Talk w/ Niko Kritikos Like and Follow us on Facebook - Stock Talk with Josh & Niko --- Support this podcast: https://podcasters.spotify.com/pod/show/stock-talk-pod/support
On this episode the duo our joined by friend of the show, Andy Gurczak. Big news update going on with TikTok and the guys breakdown what it means, Josh brings up why he think Boeing is a good buy, Tesla keeps falling and the group explains why you should never count Elon out, Andy gives us a inspirational story about entrepreneurship and to why you should never give up and more in this 2 hour episode. Music: Fitz and the Tantrums - MoneyGrabber Follow our TikTok - @stocktalk_joshniko Follow our Twitter - https://twitter.com/StockTalk_1 Discord - Stock Talk w/ Niko Kritikos Like and Follow us on Facebook - Stock Talk with Josh & Niko --- Support this podcast: https://podcasters.spotify.com/pod/show/stock-talk-pod/support
Andy Gurczak is the President/manager at Allcity Adjusting, a residential builder specializing in custom homes and remodels. Currently managing the day-to-day operations of the business including building client relationships, organizing tasks and managing all aspects of the job site. Previous to joining KBR, he had the pleasure of managing many large scale home construction projects throughout Illinois and Wisconsin from small additions to multi-million dollar renovations. Prior to working with KBR, he worked several years as an electrician apprentice for a major electrical contractorCONNECT WITH ANDY GURCZAKDirect: 708.655.4186Website: https://www.allcityadjusting.com/ CONNECT WITH JONATHANTo connect with Jonathan, you can send email at info@greystonecapgroup.com or schedule a time to chat. To learn more about real estate investment opportunities, join the Greystone CapitalInvestor Network. Thanks for listening and until next time, keep building wealth in Commercial Real Estate!
In today's episode, we continue our insightful conversation with the insurance giant, Andy Gurczak, about optimizing insurance claims. In the second part of our discussion, Andy shares his unique insights on the hiring process in a highly analytical field like insurance. He reveals his secret to finding the right candidates who have the same drive and motivation to work as he does. Plus, he opens up about the challenges he has faced when it comes to hiring and firing, and how he has learned to trust his gut instinct. So, whether you're eager to learn about effective hiring practices or gain insights into taking your business to the next level, tune in to this episode of REI Marketing Nerds. Get ready to optimize your insurance claims and set yourself up for success in the real estate market online. Keep listening! Show Highlights: Drive, motivation, or commitment - what gets you hired? [00:01:25] Will your hard work be rewarded and appreciated? [00:05:40] Discover the risks of investment in marketing [00:08:15] Are you prepared to face the AI disruptions in the insurance industry? [00:13:43] How to negotiate a fair compensation when you are an investor facing loss of income? [00:15:48] For more information about Andy Gurczak, go to https://allcityadjusting.com/ or call him directly at (708) 655-4186. To get the latest updates directly from Dan and discuss business with other real estate investors, join the REI marketing nerds Facebook group here: http://adwordsnerds.com/group Need help with your online marketing? Jump on a FREE strategy session with our team. We'll dive deep into your market and help you build a custom strategy for finding motivated seller leads online. Schedule for free here: http://adwordsnerds.com/strategy
In this episode, Dan discusses the world of insurance claims with special guest Andy Gurczak from www.Allcityadjusting.com. Andy is a public adjuster, and his role is to fight on your behalf when dealing with insurance companies. This episode sheds light on the benefits of hiring a public adjuster, the process of filing claims, and how to maximize your claim payout. Dan and Andy share valuable insights and practical advice for real estate investors facing challenging situations with their properties. Don't miss this informative and engaging conversation with Andy Gurczak on optimizing your insurance claims. Stay tuned! Show Highlights: How does a public adjuster maximize your claim payout? [00:01:29] Games that insurance companies play to minimize your claims [00:05:17] How do insurance adjusters determine claim payouts? [00:07:15] Do the company's incentives for adjusters cut back on your payout? [00:10:35] How to overcome doubters and thrive [00:17:15] Do we need to worry about different state laws when handling large losses and claims? [00:22:28] For more information about Andy Gurczak, go to https://allcityadjusting.com/ To get the latest updates directly from Dan and discuss business with other real estate investors, join the REI marketing nerds Facebook group here: http://adwordsnerds.com/group Need help with your online marketing? Jump on a FREE strategy session with our team. We'll dive deep into your market and help you build a custom strategy for finding motivated seller leads online. Schedule for free here: http://adwordsnerds.com/strategy
John Golden, CEO of Sales POP! Online Sales Magazine and Pipeline CRM, interviews Andy Gurczak, CEO of All City Adjusting, in this podcast. Andy describes how public adjusters negotiate insurance claims for insureds. He stresses the need of public adjuster education and benefits. Andy discusses public adjusting and real estate with investors and property owners. He defines insurance agents' roles and addresses common insured blunders. Andy discusses All City Adjusting's contingency fee structure and the insurance industry's complexity, including state laws and regulations.
Elite Agent Secrets, Start, Grow and Scale Your Real Estate Business
Over $100 Million of dollars negotiated and settled for their clients. Licensed in 31 States specializing in Large Loss Private Adjusting. The fastest growing Private Adjusting firm and the CEO Andy G leading the charge. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.
Elite Agent Secrets, Start, Grow and Scale Your Real Estate Business
Over $100 Million of dollars negotiated and settled for their clients. Licensed in 31 States specializing in Large Loss Private Adjusting. The fastest growing Private Adjusting firm and the CEO Andy G leading the charge. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.
Elite Agent Secrets, Start, Grow and Scale Your Real Estate Business
Over $100 Million of dollars negotiated and settled for their clients. Licensed in 31 States specializing in Large Loss Private Adjusting. The fastest growing Private Adjusting firm and the CEO Andy G leading the charge. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.
Andy is the founder of All City Adjusting. As an Allcity Public Adjuster we won't charge you a penny until we've successfully increased your initial insurance claim. Moreover, we are one of the only multi-lingual public adjuster companies that will handle the entire claim process from start to finish. Furthermore, we typically see a 70% to a 150% increase in total claim adjusting. However, we have seen claim increases go as high as 840%. There is so much to do, so let us earn your trust. We put your interests first. In contrast, the insurance companies put profits first. If you select us as your advocate, then we will make them pay. Remember, you are not alone as we are standing by to help you.. Andy Gurczak is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Andy Gurczak? Reach out at www.allcityadjusting.com.Want to become financially free through commercial real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-book Enjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes. ************************************************************************ GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESS LEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-book PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/ WATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshow ************************************************************************ ABOUT THE REAL ESTATE INVESTING CLUB SHOW Hear from successful real estate investors across every asset class on how they got started investing in real estate and then grew from their first deal to a portfolio of cash-flowing properties. We interview real estate pros from every asset class and learn what strategies they used to create generational wealth for themselves and their families. The REI Club is an interview-based real estate show that will teach you the fastest ways to start and grow your real estate investing career in today's market - from multifamily, to self-storage, to mobile home parks, to mix-use industrial, you'll hear it all! Join us as we delve into our guests career peaks and valleys and the best advice, greatest stories, and favorite tips they learned along the way. Want to create wealth for yourself using the vehicle of real estate? Getting mentorship is the fastest way to success. Get an REI mentor and check out our REI course at https://www.therealestateinvestingclub.com. #realestateinvestiInterested in becoming a passive investor in one of our projects? Kaizen Properties, is looking for passive investors for our upcoming deals. We invest in what are known as “recession resistant assets”: self storage, MH & RV parks, and industrial properties. If you are interested, go to the website and click on the “Invest with Us” button at the bottom of the page.Support the show
Are you facing property damage and insurance claim disputes? Tune in to our latest episode where we discuss the importance of public adjusters and how they can help you maximize your insurance claims. Our guest Andrzej Gurczak brings years of experience in the industry, sharing insights on how public adjusters can level the playing field and ensure that you receive the compensation you deserve.Andy Gurczak, founder of AllCity Adjusting, is a licensed public adjuster who immigrated from Poland as a child. Inspired by Herb Johnson, the first African American public adjuster in Illinois, Andy found his true calling in public adjusting. His firm's unique team structure ensures efficient claim processing with maximum settlements for clients. Over the last decade, Andy has protected people from fraud and helped them receive higher insurance payouts, ensuring no discrimination based on gender, race, or any other reason. Notably, he helped a client rebuild their business after a fire, securing over $600,000, far surpassing the initial $3,000 offer from the insurance company.In this Episode, Vinki & Andrzej chat about:- What is a public adjuster and the difference from an insurance adjuster- Who benefits using a public adjuster- How much do public adjusters charge- What does a public adjuster do? - Determining the value of a claim…and much more!Contact Andrzej by phone: 7086554186If you've liked this episode, please leave us feedback through a five-star rating and comments below! Also be sure to like, share, and subscribe!The Real Estate Vibe Show!Follow us @https://twitter.com/loombainvesthttps://www.instagram.com/loombainvestmenthttps://www.facebook.com/Loombainvesthttps://www.linkedin.com/in/vinkiloomba#realestate #realstateinvesting #multifamilyinvesting #passiveinvesting
Today we bring you Andy Gurczak, founder and CEO of All City Adjusting to walk us through the behind the scenes process of how to get top dollar when filing a claim as policy holder in a trillion dollar industry. With over a decade of experience, Andy specializes in helping people get what they deserve from their insurance claims. Andy reminds us that the Insurance companies are not your friends and thus, public adjusters are there to represent you the same way you it would be in your best interest to hire a lawyer when going to court or realtor when buying real estate. Working with a professional can assure you have maximum coverage. This episode is timely as we see a growing niche in the midterm rental space (the way we do so in the lab) it's critical for us to understand what the insurance adjusters are looking for in a claim that will determine if the claim is approved and if it is approved, how much dollar will be covered on a case by case. A public adjuster helps the policy holder get the top dollar that they deserve which essentially means you as investor get more coverage or as a midterm rental operator can get top dollar for your rentals. Andy covers the full behind the scene gambit coming from the construction and restoration industry, he found his true calling in public adjusting, thanks to Herb Johnson, a pioneering African American public adjuster. In this episode, Andy talks about why it's crucial to hire a public adjuster when dealing with insurance claims. He's passionate about advocating for the insured and getting them the most out of their claims. Andy also shares common problems homeowners face with insurance companies and offers useful tips for navigating the claims process successfully. Additionally, he highlights the value of building strong relationships with insurance agents, restoration companies, and others in the industry. Tune in now for timely advice and insights that we certainly need to know especially for those tapping into the midterm rental insurance industry to help you and your clients get top dollar for their insurance claims. Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint HIGHLIGHTS OF THE EPISODE: 32:48 Andy talks about being cautious with what you say to insurance companies 57:11 Andy talks about calling your Public Adjuster first KEEPING IT REAL: 04:18 Andy's background 06:16 Introduction to the insurance space 08:35 Helping the insured 15:25 Working with relocation companies 18:59 Do insurance companies talk to homeowners or a manager that has a large portfolio? 19:44 Why insurance companies say no 27:54 How to get in touch with a public adjuster 29:41 Overturning a denied claim 34:32 Call the public adjuster first 39:23 You must have a public adjuster on your team 41:12 A public adjuster's business model 44:03 What a PA will do for you 48:22 What your PA wants you to stop doing 50:58 Where insurance claims happen the most 54:42 Building relationships with key players in the industry 56:30 Work with a PA, claim more money 01:02:11 We are OUT! NOTABLE QUOTE (KEY LESSONS): 40:01 “Not having a PA is like not having an attorney” - Andy Gurczak CONNECTING WITH THE GUEST Website: http://www.allcityadjusting.com Linkedin: https://www.linkedin.com/in/andy-gurczak-528b9b64/ Facebook: https://www.facebook.com/allcityadjusting/ #Personaladjuster #Insurance #Claims #RelationShipbuilding
Over the last decade, Andy Gurczak has not only protected thousands of people from being defrauded, but also helped them receive more money than what their insurance initially offered. Main Points:What is a public adjuster?In one instance, a client had his business burn to the ground and was initially quoted $3,000 dollars from his insurance company. With your help, he received over $600,000 and was able to properly rebuild and restart his business.Who benefits from using a public adjuster?What kind of claims can a public adjuster help with?Is using a public adjuster a good idea?How much do public adjusters charge?What does a public adjuster do?What is a public adjuster?Connect with Andy Gurczak: andy@allcityadjusting.comhttps://www.facebook.com/allcityadjusting/https://www.linkedin.com/in/andy-gurczak-528b9b64/http://www.allcityadjusting.com
In this podcast episode, the host introduces Andy Gurczak, founder of All City Adjusting, who shares his background and how he entered the public adjusting industry. Andy discusses the role of a public adjuster, the types of claims they handle, and the necessity of hiring one. He explains the process of engaging a public adjuster and how they can help with the claims process. Andy also talks about his company's fee structure, workload, and success stories. He recommends several books that have influenced him and emphasizes his willingness to help listeners connect with him and his company. Support the showhttps://www.buzzsprout.com/1187780/supporters/newFollow Rama on socials!LinkedIn | Meta | Twitter | Instagram|YoutubeConnect to Rama KrishnaE-mail: info@ushacapital.comWebsite: www.ushacapital.com Register for this year's Multifamily AP360 virtual conference - multifamilyap360.comRegister for Multifamily CoachingTo find out more about partnering or investing in a multifamily deal: Text to 252-292-2604 or email info@ushacapital.com
Have you ever found yourself struggling with an insurance claim, unsure how to navigate the complex world of insurance to get the settlement you deserve?Meet Andy Gurczak, founder of All City Adjusting, a licensed public adjusting firm that is dedicated to helping property owners level the playing field against insurance companies.Andy immigrated to America from Poland with his family at the age of nine. After working in the construction industry– more specifically fire restoration - Andy discovered his true calling: public adjusting. Andy shares his expert insights on the role of public adjusters in the insurance claims process and addresses the darker side of the industry - exposing the power imbalance between insurance companies and their clients.We also explore the issue of discrimination faced by many clients and weigh the value of a public adjuster's fee against the return on investment.Plus, Andy provides valuable advice on when to contact a public adjuster, and how they can assist landlords and business owners dealing with condo complexes and understanding who is responsible for what.Over the last decade, Andy has not only protected thousands of people from being defrauded, but also helped them receive more money than what their insurance initially offered.Andy works hard to make sure his clients get what they truly deserve from their claims, and we're grateful to have spent time with him on the podcast to learn about the world of Public Adjusters. Things we discussed in this episode:- What does a public adjuster do?- Who does a public adjuster work for?- When should an insurance claimant contact a public adjuster?- Determining whether or not an incident or event is a valid claim- The value of having credibility with experience and licensing.- Communicating with insurance companies (what you should / shouldn't say)- Tips for homeowners immediately following a loss and potential claim.Where you can find Andy:- AllCity Public Adjusting Website - https://www.allcityadjusting.com/- LinkedIn - https://www.linkedin.com/in/andy-gurczak-528b9b64/- Facebook - https://www.facebook.com/allcityadjusting/- Instagram - https://www.instagram.com/allcity.adjusting/Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!#realestatepodcast #nexthome #humansoverhouses #realestate #realestatelaw #realestateinvesting #realestateinvestor #insuranceclaim #insurance #insurancetips #claimsadjuster #publicadjuster #replacementcost #actualcashvalueSupport the showFollow us!The Real Estate Law Podcast on InstagramStraightforward Short-Term Rentals on InstagramAttorney Rory Gill on LinkedInJason Muth on LinkedInNextHome Titletown Real Estate on FacebookNextHome Titletown Real Estate on LinkedIn
On this episode of REI Mastermind Network, host Jack Hoss speaks with public adjuster Andy Gurczak on the importance of hiring someone to deal with taxes and complex situations as a homeowner. They discuss the use of public adjusters before filing claims with insurance companies and offer tips on finding good adjusters. Additionally, the speaker shares the growth of their business and the struggles they faced in the beginning. They also highlight the importance of being careful with words when dealing with insurance companies, as everything is recorded nowadays. Tune in to learn more about the claim process and the importance of handling things properly to avoid claim denial.
Andy Gurczak started in construction as a laborer and got his in as a public adjustor through a contractor he worked for. Quickly climbing the ladder, he helped grow the business by attaining new clients and further building relationships with existing clients. Andy started his own company, Allcity Adjusting, where he and his team process over 1000 claims per year. Linkedin: https://www.linkedin.com/in/andy-gurczak-528b9b64/ Allcity Adjusting: https://www.allcityadjusting.com/ Learn more about EmotionTrac and our AI-driven Emotional Intelligence Platform: https://emotiontrac.com/calendly/
Andy Gurczak started in construction as a laborer and got his in as a public adjustor through a contractor he worked for. Quickly climbing the ladder, he helped grow the business by attaining new clients and further building relationships with existing clients. Andy started his own company, Allcity Adjusting, where he and his team process over 1000 claims per year. Linkedin: https://www.linkedin.com/in/andy-gurczak-528b9b64/ Allcity Adjusting: https://www.allcityadjusting.com/ Learn more about EmotionTrac and our AI-driven Emotional Intelligence Platform: https://emotiontrac.com/calendly/
Andy Gurczak started in construction as a laborer and got his in as a public adjustor through a contractor he worked for. Quickly climbing the ladder, he helped grow the business by attaining new clients and further building relationships with existing clients. Andy started his own company, AllCity Adjusting, where he and his team process over 1000 claims per year. What You Will Learn: Who is Andy Gurczak? How do they help their clients? What are the different types of policies? Andy shares his experience with his first client. What are the kinds of claims you can get? What are the states that they cover? Andy shares how he can be contacted. Additional Resources from Andy Gurczak: Website: http://www.allcityadjusting.com/ Phone: +1 (708) 655-4186 Email: andy@allcityadjusting.com LinkedIn: https://www.linkedin.com/company/15726674/admin/ Twitter: https://twitter.com/allcitypa Facebook: https://www.facebook.com/allcityadjusting/ Attention Investors and Agents Are you looking to grow your business? Need to connect with aggressive like-minded people like yourself? We have all the right tools, knowledge, and coaching to positively effect your bottom line. Visit:http://globalinvestoragent.com/join-gia-team to see what we can offer and to schedule your FREE consultation! Our NEW book is out...order yours NOW! Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift? Get your copy here: https://amzn.to/3SV0khX HEY! You should be in class this coming Monday (MNL). It's Free and packed with actions you should take now! Here's the link to register: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg
Apartment Syndication Made Easy with Andy Gurczak Hiring a public adjuster can provide numerous benefits when it comes to maximizing your insurance settlement. Here are some of the key advantages: Expertise and Experience: Public adjusters are licensed professionals who specialize in evaluating, negotiating, and settling insurance claims. They have extensive knowledge and experience in navigating the insurance claims process, interpreting policy language, and determining the full scope of damages that should be covered by your insurance policy. Time and Stress Savings: Filing an insurance claim can be a time-consuming and stressful process, especially if you are dealing with a complex or large loss. Hiring a public adjuster can alleviate this burden by handling all aspects of the claims process on your behalf, from documenting and estimating damages to negotiating with your insurance company. Maximized Settlements: Public adjusters work on a contingency fee basis, meaning they only get paid a percentage of the settlement amount. As a result, they have a vested interest in maximizing your settlement and will use their expertise and experience to ensure that you receive the full amount that you are entitled to under your policy. Improved Communication: Insurance policies can be complex and difficult to understand, and insurance companies may use confusing or vague language when communicating with policyholders. A public adjuster can act as a liaison between you and your insurance company, ensuring that you fully understand your policy and that your insurer communicates with you clearly and honestly throughout the claims process. Fairness and Objectivity: Insurance companies are for-profit businesses that are motivated to minimize payouts on claims. A public adjuster can provide an objective assessment of your damages and ensure that you receive a fair settlement that covers the full cost of your losses. In summary, hiring a public adjuster can provide numerous benefits when it comes to maximizing your insurance settlement. By leveraging their expertise and experience, a public adjuster can help you navigate the claims process, save you time and stress, and ensure that you receive a fair and equitable settlement that fully covers your losses. Watch the Full Video here: https://youtu.be/GND23qnw5J4 Don't forget to head over to iTunes to subscribe, rate, and leave a review. It's very much appreciated. https://podcasts.apple.com/us/podcast/syndication-made-easy-with-vinney-smile-chopra/id1473126675 INVEST with Vinney [Accredited Investors ONLY]: https://vinneychopra.com/invest/ https://www.accreditedinvestor.blog/book-a-call LEARN from Vinney: https://vinneychopra.com/mentoring Want more information about value-add multifamily investment properties? Click here: https://multifamilymentor.blog
Insurance policies are an excellent way for real estate investors to reduce risks, but understanding how to utilize them and public adjusters can help. Today, Taylor welcomes Andy Gurczak, the president at Allcity Adjusting, to share how public adjusting can help real estate investors reduce risks and get the proper amount out of their insurance claims. Public adjusters advocate for insured individuals and handle everything from negotiating depreciation and damage to preparing documents and negotiating additional coverages. Andy also discusses the role of public adjusters in helping policyholders navigate insurance claims. It highlights the importance of contacting a public adjuster early in the process and the benefits they provide, including reducing stress and increasing settlement amounts. Real estate investment has been the best investment for Andy, providing freedom. So, if you're a real estate investor looking to reduce risks and get the proper amount out of your insurance claims, tune in to this episode! [00:01 - 07:25] Opening Segment Welcoming Andy to the show How public adjusters can help real estate investors reduce risks and get proper insurance claims Insurance policies are a way to minimize risks and spread them across others Hiring a public adjuster can maximize the entire claim process for the policyholder [07:26 - 14:03] Why You Should Hire a Public Adjuster for Your Insurance Claims Public adjuster departments exist in almost every state to help insured individuals Having a public adjuster can provide general advice, accelerate the process, and result in a larger settlement for the insured individual Many people are underinsured or lack coverage due to not being familiar with the industry [14:04 - 19:57] Andy's Advice on Navigating Insurance Claims and Avoiding Common Pitfalls Stay as little as possible when speaking with insurance companies Getting estimates from contractors can lead to delays and haggling over line items When selecting a public adjuster, consider their experience, specialty, and references [19:58 - 25:45] The Benefits and Risks of Hiring a Public Adjuster for Insurance Claims Insurance companies cannot raise premiums based on hiring a public adjuster or a single claim Premiums are based on area, age of home, the chance of loss, etc. One public adjuster firm should be enough for investors and landlords [25:46 - 31:00] Closing Segment Best investment: all the rentals Andy has purchased Worst investment: trying to grow too quickly The most important lesson learned: not giving up Quotes: "The less you say, the better it is." - Andy Gurczak "More and more people are using the help of a public adjuster to not only maximize their claim but take the stress and settle the claim quickly." - Andy Gurczak “You have to make a step every day. But not every day is going to be perfect. You don't need motivational speakers or all this other stuff to motivate you. You just gotta keep doing it and just not give up." - Andy Gurczak Connect with Andy! Phone: 7086554186 Website: www.AllCityAdjusting.com Email: info@allcityadjusting.com Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/ Track your rental property's finances with Stessa, go to www.escapingwallstreet.com. Join our Passive Investor Club to access passive commercial real estate investment opportunities. LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.
Global Investors: Foreign Investing In US Real Estate with Charles Carillo
Andy immigrated to America from Poland with his family at the age of nine. After working in the fire restoration industry, where he discovered his true calling: public adjusting. Over the last decade, Andy has not only protected thousands of people from being defrauded, but also helped them receive more money than what their insurance initially offered. Learn More About Andy Here: AllCity Adjusting - https://www.allcityadjusting.com/ Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/
Andy Gurczak is the founder of AllCity Adjusting, a licensed public adjusting firm. His journey began in the construction industry, and he discovered his true calling in public adjusting thanks to Herb Johnson, the first African American public adjuster in Illinois. With a family motto of “do it right or don't do it all,” Andy's unique team structure allows his firm to move claims quickly and efficiently, always resulting in maximum settlements for clients. Over the last decade, he's protected thousands of people and helped them receive more money than what their insurance initially offered. Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapital Instagram: @TeamQuattroCapital Facebook: @TeamQuattroCapital Website: www.TheQuattroWay.com [00:01 - 06:30] Uncovering the Power of Public Adjusters Public adjusters can help maximize payment and take stress out of the process Insurance companies make money when claims are underpaid Public adjusters are licensed by the state to represent the insured on their own claim They provide a service that is necessary for loss of collateral or asset too expensive to repair [06:30 - 12:50] Maximizing Your Insurance Claim Settlement Public Adjusters help maximize settlements for the insureds Public adjusters investigate claims and provide value by showing lifetime relationships Steps include filing a claim, inspecting the loss, scoping the entire loss, presenting it to the insurance company, mitigating further damage Public adjusters can help uncover additional damages that may have been missed in the initial estimate [12:50 - 25:13] Tips for Real Estate Investors on How to Prepare for a Loss Have a public adjuster on your team to help with insurance claims Get everything in writing when talking to your insurance agent Reserve money for deductibles and don't jeopardize coverage Be aware of what's going on at your properties and document repairs/maintenance Connect with Andy: Website: http://www.allcityadjusting.com Social Media: LinkedIn Get a free Claim Review: https://www.allcityadjusting.com/?fbclid=IwAR0rwO25lA3LQgolsCNHlJas4ILye-OElQiN6L35KzBrk8NZDaQLNNyGAsI Quotes: “Make sure you have coverage for every instant and, and get it in writing when you're talking to your agent. Because if an agent told you you had coverage and then you're not covered for it, they do have an err and emission policy. So make sure you get everything in writing about what you're actually getting and what you're not getting.“ - Andy Gurczak LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.
Real Estate Professionals - Property Sales Tactics for Realtors
ANDY GURCZAK We think Home insurance is meant to protect us should something go amiss. Countless times the insurance companies lowball their estimates for payment and numerous policyholders get underpaid. In many instances having a public adjuster step in to negotiate with the insurance company to get what is due can be very beneficial. Our guest Andy Gurczak is an expert private adjuster and will share with us how an adjuster can win for you. BIO Andy is in the Chicago and Indiana area. He is the. Founder of AllCity Adjusting, a licensed public adjusting firm and he has been doing this for over 10 years. In this episode, you'll get to learn more about who benefits using a public adjuster, CONTACT andy@allcityadjusting.com https://www.allcityadjusting.com/ MY CONTACT StressFreeRemodeling@gmail.com www.StressFreeRemodeling.com www.AuriemmaDesign.com MY GIFT Transform Any Home Into a Dream HOME Home A guide with lots of ideas and cost estimates for the transformation. StressFreeRemodeling.com/Transform MY BOOKS “Homeowner's Guide to Stress-Free Remodeling” “Real Estate Investing for Women: Expert Conversations to Increase Wealth and Happiness the Blissful Way” - Compiled by Moneeka Sawyer “Teach What You Know” - Compiled by Alina Vincent All available on Amazon
Today, my guest is Andy Gurczak. And he is the founder of all city adjusting a licensed Public Adjusting firm, and he immigrated to America from Poland with his family at the age of nine. And after working in the construction industry, more specifically Fire Restoration, he discovered his true calling public adjusting. This discovery was largely thanks to herb Johnson, the first African American public adjuster in Illinois who took Andy under his wing.
Multifamily Investing the RIGHT Way with Multifamily Attorney Charles Dobens
If you ever thought a podcast with a Polish public insurance adjuster would be a yawner, you are in for a treat. I had a lot of fun talking with Andy and giving personal firsthand knowledge of how important working with an insurance adjuster is to every Multifamily owner operator. And I had the opportunity to share with him my entire catalog of Polish Bobby Vintron lyrics! For more information or to get started in multifamily investing, please visit: https://www.multifamilyinvestingacademy.com/.
More on YouTube? Check the video version on YoutubeWho is the Guest?Investors and real estate owners will inevitably experience risks, such as fire accidents, flood/water damages, and other potential calamities, natural or otherwise. What are the right steps to take when we contact our insurance companies? Our guest, Andy Gurczak, is going to be answering these questions for us today. Andy is a private insurance adjuster primarily in the Chicago and Indiana land market. Founder of the AllCity Adjusting, he has been making changes and helping people with their insurance, making sure that they make the right moves and teaching you how you can protect themselves if the insurance adjuster does not provide fair compensation.Visit Him at: Cellphone Number: 708-655-4186LinkedIn: https://www.linkedin.com/in/andy-gurczak-528b9b64/Website: https://www.allcityadjusting.com/Start taking action right NOW!Goal-setting the right way! Hesitant to make the first step toward real estate investing? Axel learned the hard way- but you DON'T have to start that way. Feel free to talk to him :)Connect with us through social! We'd love to build a community of like-minded people like YOU!
J Darrin Gross I'd like to ask you, Andy Gurczak, what is the biggest risk? Andy Gurczak I think my answer if it's not insurance related would be fear. Fear would be the biggest risk. Like you said, Fear is what holds people back is you want to transfer that risk. You said you want to minimize that risk. Fear. To me, when I look at the what's the risk? Well, the risk is fear. If I don't do something and being scared to go out there and do something, we'll call that PA or to me, that's a risk. Because your your fear is holding you back. And you're you can't avoid risk. Right? You can minimize it, you can transfer but you can't avoid it. So I would I would say fear is what kind of was in my head the whole time. I don't know if the right answer. Quick, quick answer.
The insurance game is complicated and if you have a claim it can feel a bit like a David and Goliath scenario, but the representation of a public adjuster can be one way to even the scales. Nathan brings on senior public adjuster Andy Gurczak from All City Adjusting to explain the best way to handle the insurance claims process and the tactics insurance companies use to maximize profits.Host: Nathan Beauvais EA, CFP®, CIMA®; Guest: Andy Gurczak, Senior Public Adjuster; Air Date: 1/20/2023See omnystudio.com/listener for privacy information.
Founder of AllCity Adjusting, a licensed public adjusting firm, Andy Gurczak immigrated to America from Poland with his family at the age of nine. After working in the construction industry– more specifically fire restoration, Andy discovered his true calling: public adjusting. This discovery was largely thanks to Herb Johnson, the first African American public adjuster in Illinois, who took Andy under his wing. Andy grew up with the family motto, “if you're going to do something, do it right, or don't do it all,” and carries that sentiment into his business. AllCity Adjusting's unique team structure allows them to maximize their individual expertise and experience. This grants them the ability to move a claim quickly, efficiently, and always with the same outcome: max settlement for the insured. Over the last decade, Andy has not only protected thousands of people from being defrauded, but also helped them receive more money than what their insurance initially offered. In one instance, a client had his business burn to the ground and was originally quoted $3,000 dollars from his insurance company. With Andy's help, he received over $600,000 and was able to properly rebuild and restart his business. Passionate that no one should be discriminated against because of their gender, race, or any other reason, Andy works hard to make sure his clients get what they truly deserve from their claims. In this episode, we covered: •Who benefits using a public adjuster? • What kind of claims can a public adjuster help with? • Is using a public adjuster a good idea? • How much do public adjusters charge? • What does a public adjuster do? • What is a public adjuster --- Send in a voice message: https://anchor.fm/donald-thomas6/message Support this podcast: https://anchor.fm/donald-thomas6/support
Join our host, Peter McKenzie, as he chats with this week's guest, Andy Gurczak! Andy is the Founder of AllCity Adjusting. He grew up with the family motto, "If you're going to do something, do it right, or don't do it at all." Andy carries that sentiment into his business and especially when it comes to serving landlords. Want to get in touch with Peter and the Rincon team? Email Podcast@RinconManagement.com Guest: Andy Gurczak of AllCity Adjusting Connect with the Rincon team on social media: Facebook | Twitter | YouTube | LinkedIn | Yelp ----------------- Production House: Flint Stone Media Copyright of Peter McKenzie 2022.
In this episode, we welcome Public Adjustor, Andy Gurczak to speak about the role of PAs, and how you can make the most out of the undesirable experience of haggling with your insurance provider -- ensuring the highest possible settlement under the terms and conditions of the policy. Andy Gurczak started in construction as a laborer and got his in as a public adjustor through a contractor he worked for. Quickly climbing the ladder, he helped grow the business by attaining new clients and further building relationships with existing clients. Andy started his own company, AllCity Adjusting, where he and his team process over 1000 claims per year. Andy's Contact Info: https://www.allcityadjusting.com/ c: 708 655 4186 --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals. Michael: What's going on everyone? Welcome to another episode of The Remote Real Estate Investor. I'm Michael Albaum and today with me I have Andy Gurczak with All City Public Adjusting. And he's gonna be talking to us today about what a public adjuster is, and why anyone who owns property should consider using one if they have an insurance claim. So let's get into it. Andy, what's going on, man, thanks so much for taking the time to hang out with me today. I really appreciate you coming on. Andy: Mike, thank you so much for having me on. It's a pleasure. It's always it's fun to do these. So I'm excited. Michael: No no. It's truly my pleasure. You're the first like we've done I think this is episode 300 and change and you're the first public adjuster we've had on so anyone who knows me knows that I'm a total insurance nerd and insurance buff so but for anyone who's not familiar, like what is a public adjuster and kind of give us a quick and dirty of what you're doing in real estate. Andy: First of all, Bravo on 300 episodes. Plus, that's awesome. So thanks for you guys. And I'm lucky PA so this is pretty cool. Yeah, so public adjuster is is licensed by the state, he's legally able to represent the insured in their claim process, negotiate and settle the loss for them. Whether it's commercial or residential. It's basically like having an attorney on your side or an accountant doing your books. It's the same exact thing. They're licensed by the state that they work in as well. Michael: Okay, okay. And I mean, it just seems like kind of counterintuitive. I go and pay an insurance company every single month, every single year to give me insurance. Then when I have a claim, an insurance claim, I go to the insurance company said, Hey, insurance company, here's this claim, pay me for the claim what I'm owed. So why do I need a public adjuster? Like why does your job even exist? Andy: Yeah, that's a that's a great question. The reason our job exists is because insurance companies don't pay claims and don't pay them fairly. We've talked about this before the show, Mike, you work the insurance side. So you know, that claims, actually two people that work in our office work the insurance side, and they've got they seen how bad a guy and came to our side. Because claims are handled, I mean, horribly every year, it gets worse and worse. And our we just had a meeting with a couple of attorneys just discussing what's going on and what we could do in some situations, because it's getting so bad, that, you know, insurance companies aren't responding for a month or two months, or just I mean, so having a PA on your site, even though it's your claim, and you think you have to remember that insurance adjuster, that staff adjuster and every one that they send out every vendor contractor they sent out, they all get paid by the insurance company. So they're all working for this one entity. And then you're by yourself. And you're thinking, well, they're on my side, no doubt on your side. It's all about profits, margins, all that good stuff. So… Michael: Yeah, I know it's so the word of news is sick. When you find out kind of what's going on under the hood. It's really what should be a partner relationship. Like you mentioned, everyone on the same team working for the same goal can be come very contentious very quickly. So you said it's like having an attorney or like having a bookkeeper on your side? I mean, it sounds expensive. How much do public adjusters charge? Like, how does that work? Andy: Easy. Yep, Pa is most of the time charge a contingency fee. So there's no retainer is nothing, it's all contingency on what they recover. And you know what the claim settles for. And standard is 10%. Like our company has adopted just a 10%, nationwide, whatever claim we're handling, whatever the size is now, some situations where we come in, let's just say months after a year after the claim has been paid, and we're just trying to figure out maybe another coverage or paid additional than it might be a higher fee of maybe 20-25 on the money that we recover above that amount that would the only difference, Michael: Okay, and so just so we get it crystal clear for all of our listeners, because I just went through this on a claim to fire claims I had on a property. If the insurance company comes into my claim, and says, Hey, Michael, we're gonna give you $100,000 For your claim, and I'm like, There's no way it's gotta be worth way more than that. You will come in or a public adjuster comes in, you end up getting me a million dollars, you're gonna take 10% of that additional 900k That you got me above and beyond what I was originally awarded. Andy: Yeah, exactly. And something in your situation. So when we have claims, and we have large investors and management companies, we have a pay scale that actually the percentage goes down once it reaches a certain amount. So reaches, you know, half a million that 10% may become nine, right for every client, we kind of work with them, just because we kind of know their position. And again, we want to create a relationship that is long term, because then we're getting called when before the claim even starts right because we want to be there. You know, another question is when do you want to hire PA for the day you have a claim, because you want to make sure if that claim is a legit claim, if you should even file that claim, whatever your deductible is, is that even a covered loss? A PA will, you know, we do this for our clients all the time we do their policies with their claims without making any money or charging any fee. It just part of our relationship with our clients. Michael: Okay, I'm so glad you brought that up, Andy, because I get this question all the time. Because so many people don't like, insurance, education is not something that's really provided out there. And I'm wondering if that maybe is on purpose by the insurance companies, but like, how should people if they have something happened to their property? And statistically, if you own a property or enough properties long enough, you will probably have a claim? So what's the process? Like if you could articulate and paint us a picture of as a property owner, whether it's our own property or an investment property? What should that process look like? What should what should owners be doing? Who should they be talking to? Andy: Yeah, if you don't have a PA, and you're kind of going to try to do this on your own, you want to first stop whatever loss happens, you want to mitigate the loss, right, you want to get first you want to you want to get your copy of your policy to you want to see if your agent because you most likely don't have a copy, because no one knows that they don't have a copy until they have a loss to be like, Oh, I have this page, I'm gonna get your declaration, you need your policy, your booklet, you know, no one gets that usually, until something happens. And then it's hard to get it from the insurance company, it's like, they don't want to give you your own policy, very normal. Then you want to mitigate the loss. So if it's a fire, you want to board it up, protect it, make sure no one can get in there. Or if it's a roof, you want to cover the roof, if it's a roof claim, and then you want to go and take pictures and document as much as you can, and then call the claimant. And when you call on the claimant and you're trying to set the reserves high enough. So then when they come in, and let's just say you have $100,000 loss, but when you told them the claim, you might have said, well, it's a small fire in the kitchen, small smoke, they might have reset the set the reserves at 25,000. And now the claim is actually 100. So now when we're trying to fight it, we're going to five managers like what's the example at State Farm, for example, once it goes past the reserves, you're going through letters like five managers to approve one payment are one extra additional line item, it's it gets really crazy. So the most important is mitigating, mitigating the loss, getting your policy, reserving the claim calling the claimant, right? And if you don't know the answer, when you're discussing that claim, when you're calling it in, just say I don't know, because a lot of people get into trouble by trying to say too much to be too honest. And it's not about being honest or not, or, or lying. But people say the wrong words, they might use the word like mold, I see mold. Oh, well, molds not covered. Here's a denial letter. Well, the water, you know, the water happened three days ago, we have there's mold, because you know it's wet, it's humid mold molds catch up, but there's still water damage that's covered. So different words they use. So you gotta be careful with words you so you want to do your due diligence, or even call your agent to call that claimant for you. If you need help. Michael: Let's talk about that for a minute. Because in the agent world, you have captive and non captive agents. And so just like you were saying all the vendors are paid by the insurance company. I mean, in a lot of instances, aren't these agents paid by the insurance companies as well? Andy: 100%. And I have friends that are agents and I know people are agents, and agents have a bonus if their clients don't file claims. So there is a bonus, there's a perk of them if their clients don't have claims or the correct. So everyone's got a benefit if the claim is not filed, and if it's underpaid, everyone gets points on that. Michael: So can we surmise that if you have a claim, you should just call a public adjuster immediately? Andy: 100%. Because it's a free review, what's the worst is going to happen? He's going to come in there and say don't file it. You don't have to sign with that PA but at least get that expertise. Now you want to make sure you find the right one. But if you do you have them looked at it and in depth look at the claim inspect the roof, inspect the fire damage inspector water damage and let you know everything you should do. Michael: Yeah, I am. I had my first big claim to have them back to back couple years ago, I had two fires in a commercial building back to back a week apart, which I used to work as a professional fire protection engineer. And it's like statistically impossible to have that happen. I'm the one exception, right? So I went through the claim process I had the insurance company come out do their inspections like oh, it's small fire just like you said, you know teeny tiny claim payout. And I'm like dude, that doesn't even cover the materials that were sitting on the roof when I had the roof fire. So I brought in a public adjuster and they know about 15Xed that claim. So I can't sing their praises enough. When someone is searching for a public adjuster and you just mentioned this, you want to find the right one, like what does that process look like? What questions should you be asking? Andy: I've never been on the other side. When I look and talk to our clients how they found us obviously they were looking online Googling and stuff and they were doing a search engine and kind of we came up online we do a lot of blogs and stuff. So we'll come up there with a lot of tips and stuff for people so they'll find our name. Otherwise, so if you're not looking online, you know, you can check websites like patio, which is Texas associations of public insurance adjusters, California has their own, some states have their own. There's the NAPIA National Association of Public Insurance. So there's different associations that you could go on, and find adjusters pas that have been screened and have backgrounds and pay their dues, because they're part of an organization. So that would be your, you know, your best bet. Referrals. Again, if I, if I knew you, I would say, Hey, Mike, you had a couple of fires, you know, did you hire who's a PA, you have someone to recommend. That's, that's your best bet. Someone that they worked for referral. Michael: That that has had the actual experience with them? Yep. Okay. Are there certain questions that someone should be asking? I mean, what separates the different pas that are out there? Because I'm sure if I google that would get tons of different results. Is one better than the other? Like, is it just based on the fee structure? What should people be be considering? If they're going to hire someone? Andy: That's an awesome question. So a lot of what you should be asking, and when you go online and look for PAs, a lot of them say, you know, fire water, they do all these things. But 90% of PAs handle just roofing claims, usually residential, some commercial. So it's, you have to make sure that hey, how do you handle fires? And how many fires have you handled? Or what do you specialize in? You might say, Well, we do a lot of roofs. That's not the PA, if you had a fire, you don't want the guy that's handling roofing claims. Right? For us, we do large loss, fires, water, hurricanes, we don't if someone calls for a residential roof. We don't we don't do residential roofs, we would love to, but we don't we don't specialize it. There's other PAs that do a great job, here's a couple of names you can call or, you know, Google and and find the problem just and it's in that it's just a committed, you know, attorney, some attorneys do, you know, personal injury, some do properties. Same thing with PA some PAs are better at some coverage than others. Micael: Yeah, that makes total sense. Andy, let me ask you a question. Because it happened to me. And I'm curious now with the hindsight, what the proper move is, so I had this fire, and it was on the roof. And it was during a reroof. So they had all the materials up there. So all the materials burned up. And my public adjuster said, Don't touch anything on the roof. He said, We got to come out, we got to photograph everything we need to take care of, you know, we need to document everything. And meanwhile, it's really windy. There's debris blowing onto the neighbor's property into their, into their, into their courtyard and their fence. And so the neighbors called me complaining threatening to sue, they got crap blown everywhere. And I'm like, I can't it's like an active insurance investigation. So you were talking about you want to mitigate the loss stop the loss from getting any worse. But are there instances where physically mitigating the loss than is like evidence tampering is the wrong word, but you understand how it's changing the scene. Andy: Double edged sword? Yes, a double edged sword. We walk into properties all the time. And you know, or let's say we go into a hurricane area, or right now in Florida, and we see people outside with all their contents, right? Like all their house stuff, just in a pile. And I'm like, did you guys order material? Everything's gutted? I'm like, did you guys inventory take pictures? Well, no, but the insurance company said to just throw everything up. That's the worst idea ever. That's what they want. You just get rid of all your evidence. So that's a double edged sword. So when I say mitigate, you're supposed to mitigate the loss because they can technically your duties after last say you will mitigate. So if you don't, they can deny it. But what's mitigate right? If I had a pipe burst from the third story water comes as floods my whole house right? The insurance company is going to want to send a vendor out to pull some drywall or spray everything or dry everything and leave it. That's the goal. That's mitigation. But mitigation is you turning off the water. That's already mitigation, because it doesn't specify what technically mitigation is. It just says mitigate. So by me turning off the water, I have mitigated the loss. And I will tell my insurer just leave it because it's already all damaged. Whether you dry it or not, that's just gonna go against your thing. It's already damaged. It can't be its category three water. So it's got to be all replaced. Instead of paying a vendor all this money, this has got to be gutted, all that money should just go to you instead of that vendor. So yeah, there is instances. So in yours, just because we have insurance, karma saying any Can we start rebuilding? Well, now because we're still fighting with the insurance company, and we're still negotiating, and if you start the repairs, then you you can date that's what they want. They want to keep holding, holding until you actually accept it and start the repairs. Now, if they don't start the repairs, then they'll go well, why didn't the insured start the repairs? Right? So it's, we're trying to keep our clients in the best situation to make sure it's the best possible outcome. But it's hard sometimes, especially with landlords when they have tenants, right? Hey, my tenant is going to sue me or my tenants gonna go this if I don't do the repairs. Then do the repairs, I guess. And this is the settlement we're getting. So an insurance company knows this. So, in your situation. That's a tough call. What do you say like either the PA say, Hey, we got to do it this way. And he was doing it the right way. Because if you did mitigate or clean up that thing? And they come in? They're like, ah. Even if you document it, I'm telling you, it's like they don't even look at your photos. They don't care. Yeah, so they did the right thing. Michael: Okay, good. Well, that's good to hear. I'm gonna go, I'm gonna go send them another thank you text after this episode. Yeah. Andy, can you give us like, maybe two scenarios to stories that you've experienced one where things went perfectly well, or as good as they could have gone and what you you're insured what your clients did to get there. And then maybe a scenario at the opposite end of the spectrum where things just like, just like, give us like the worst thing you've ever seen happen? Just so we have a little bit of context that… Andy: Part of like claim handling or like? Okay, so I'll tell you, we were just like I said, we had the attorney, we were kind of going over claims and we have one, and I won't say the insurance company. This is in Gary, Indiana. This this poor lady that waged her claim has been handled, and it's by an adjuster that we've seen handle bad claims for other people in that area. Whether it's color, race, area, I don't know. But the way this this claim has been handled this lady the under oath and everything she's been through, like we thought we had it all over, they finally after six months, say okay, well pay the claim. And here's the money, we got to argue with them. They started at 30,000. It's $160,000 claim. But then we have contents another 160 that we sent wants to go and now we're asking what's going on with the content. So they come back well, well, which which was the insurance and which was her daughter's. Why does it matter? If you had a fire Mike, and you have your kids and your wife stuff in the house? That's all personal property? They're not on the pile? Are your kids on the policy now? Yeah, no kids are on the policy, but their stuff is covered. Right? So why are they're asking her so now they want to examine her again and her mom. So this is going to drag on for 10 months. So this and this claim is ongoing. So to us that to me, it's like, well, now I'm powerless as a PA. But what can I do? So the only way is the attorney can help. But again, she's still going to have to do that examination. But it just shows how long they'll drag it and try to find ways of however, to underpay or just deny that claim. So that's bad. Yeah. And we have a bunch of those. So those hurt a lot of them, we win, this one again, we got the structure paid and figured out. Now we thought the contents was going to be a slam dunk, easy. Here's everything, even your vendor said, you can't clean this stuff. Great. Here's the list. Here's the pricing age of items. And now they come back with this. So, another tactic to delay the claim. On a good note, we had one, it was a it was from another podcast, one of the investors students called us, he got the number to us and he called us he had a 16 unit in Champaign, Illinois, burned down here to ACV policy, you are familiar with actual cash value. Your listeners might not but meaning he would not recover depreciation, he would not get that amount even if he rebuilt. So he was just getting what's what it's worth now. So that building, he had a fit 550 limit that just came in, he wrote like 560. And they depreciated and cut him a check for maybe 300,000, something like that. So when we got hired, we sent our letter representation, and the adjuster called and said, Hey, Andy, you know, I paid this, I paid this to Max, I don't know why he hired you. I'm like, Well, you didn't pay loss of rents. And also you haven't paid demolition expense, and you only paid 300 when it's a 550 policy, you stopped writing, because our estimate is like 900,000. With no like edit, like this is just it. So then we reconcile and the insured ended up getting 100%. So 550 plus 5%, debris removal, some other endorsements, plus he maxed out everything. So he ended up walking away with another 400, like 300K. So again, when an adjuster says, you know, we don't need you. And that's it again, there's many claims like that, those are the positives, it's the ones that drag on, and that you like, you know, you're close, but they're still like delaying, delaying, delaying. And it's like they want the insurance to just finally say, Okay, well, I'm done. Michael: I'll just throw in the towel. Andy: Yeah, it sucks. And, you know, there is statutes in each state, which they have to follow, but it's never followed, because no one ever calls them out on it. Because unless you actually go to court or litigation, that's when they show okay, we didn't do this. They didn't do this. But other than that, they don't really know. They kind of do their own thing. Michael: Yeah, because they're so big. And you bring up you bring up a really good point ACV versus replacement costs for anyone that's not familiar with the to give us from from like the PA side of things. What is the benefit of one versus the other? Because I'm sure your clients have seen like the reason your client probably had the ACV was because the replacement costs value on that 70 unit 50 unit was just probably astronomical. So it's often a cheaper policy to get like what's the downsides of going with one versus the other and what risks do people run by choosing one versus the other? Andy: So the riskier is with the actual cash value policy and most most policies are RCV based. And then they have the actual cash value endorsement that says we only pay actual cash value, what happens is why you would do that policy where some people might get that policy and our insured wasn't even aware of it. But the agent sold it to him didn't explain to him the differences. He didn't know that he had that extra cash value policy. So you know, that's another story. He went on his own. But, so what happens is you, it saves you a lot on your premium, especially if you're investing you're trying to make margins and you know, it could save you on a property like that 2-3-4K a year, right? Well, it's great until you actually have a loss, when you have a loss. You know, it's especially on older buildings, it's cutting your payment by half. And you can't recover that money because it's actual cash value. So the replacement cost of you know, your home today is 300,000, but the actual cash value after depreciation, your actual cash value is 150. Well, you're only getting that 150. Even if we got the settlement of 300. With insurance, your policy will only allow for the actual cash value of 150, which will leave you with only half the money to rebuild. So you're always as an as an insured, you should always have a replacement cost policy. And now they have you know, different like guaranteed replacement costs and all this other openly, openly insurance actually has it. They don't even have its guaranteed replacement, because they don't even have a limit. I think it's up to one like there's no limit on structure a Michael: Holy smokes. Andy: So there's some new carriers that are really, really, really good, actually. Michael: Okay. And that brings me to my next point. And I'm so glad you brought it up. Like Should folks be involved in public adjusters in their insurance carrier decisions as they're looking to go place insurance on properties? Andy: I would hope so. Because all we do is read policies every day. All I do is read policies interpret policy. So I know when I'm looking at a policy, I'm like, Well, you have a good policy, but you don't have you have a finished basement, you don't have any water backup, you your roof is actual cash value only. Oh, I didn't know that. I didn't know there's a lot of stuff you you should be aware. So yeah, our longer term clients will actually inspect their properties, look at their policies to make sure they don't have any exposed liabilities. Right. Now, it's not our job. It's the agents job. But most of the agents now are just, you know, selling policies instead of actually doing their due diligence and ensuring the claim the right way, they insured. Michael: Yeah, I just want to echo exactly what you said, for all of our listeners, like now the public adjuster that I worked with on this on these fire claims, I sent him every policy and every quote that I get for properties, and he told me he's like, happy to do it. He's like, Yeah, this is a great carrier. But this is the other thing. And also, he can tell me like, Hey, I've run up against this insurance carrier, we see them all the time, like they don't pay claims, we're going to be working together a lot more if you have a claim if you go with this company, which is super great insight to have. Andy: That's, that's awesome. And that's the same thing. I would say, I would say this carrier, we have a lot we have, you know, this many claims every year. And you know, maybe it's a lesser policy, and that takes longer, but they'll pay the claims, right? These guys just don't pay or they didn't know, I have a list of insurance companies that I know that are easier to deal with. Now, it's your claim guarantee you're gonna be paid when you file a claim with them. No, it still might be a hard process. But they're much easier than these eight other carriers that they're that are out there. Michael: Yeah. This has been so great. Andy, my last question for you, man. How many claims do you handle a year just out of curiosity? So I can we give people an idea of… Andy: Yeah, we do over 1000 claims a year? Michael: Well, but how many how many public adjusters in your office? Andy: Oh, right now we have four. Right now we have four and we're just we just keep growing. We do a good job marketing and, and building our social media presence. And yeah, it's, it's, it's good. And I mean, I guess it's bad for the insurance. Maybe these claims are handled. But yes, tactically, we, our business grows and we get more calls. Michael: That's awesome. And I want you to share with everyone your contact information where people can get a hold of you and like what kind of I know you said you don't do residential roofs, but what kind of claims should people consider reaching out to you for? Andy: Any fire, you know, water claims, you know, whether it's broken pipes sewer backup, we can inspect those or at least advise sewer backups, usually, or water backup limits, they usually have a limit. So I see your limit is 10,000. I look at the photos and I'm like, Well, you max out the limit. You don't need a PA this one's just a max policy easy. A lot of people that call us if we get to two calls, three calls a day of clients that we just kind of give them advice because there's no need for a PA in some instances, they will but we can give them at least advice and help them out. But fire claims hurricane even commercial roofs we do commercial roofs a lot. Residential roofs is just the one thing we don't really do. Just because we we don't have the staff to do it. So… Michael: Yeah, okay, fantastic. And for people that want to reach out learn more about your take advantage of your services, what's the best way for them to do so? Andy: The easiest way is my cell phone. It's literally for your clients they can for your listeners, they can call me it's 708 655 4186 that's literally my cell phone. They can text me call me I'm really easy to get a hold of while I still can. I'm able to get my phone away so write it down because I might have to switch here I might not be able to give my phone away and my wife gets mad with more calls. Michael: I hope you're so busy that happens. Andy: So ya know so far so far. Okay, wife's not getting mad, so… Michael: Awesome. Andy, thank you so much, man. This was super great anyone watching the video could tell I'm super giddy talking about insurance stuff. It's so great to meet someone that's also as giddy so no, I really appreciate the time. Andy: No, it's fun to actually have a host that actually knows that that area and yeah, it's fun. You You know you've been through it now yourself. So you kind of know the you know, you know, you know what we do and what a PA can help. So it's, good. Michael: Big time, big time. Well, thanks again, man. I'm sure we'll be in touch. Andy: Mike, thank you so much for having me. I appreciate it. Michael: All right, everyone. That was our episode with Andy, A big thank you to him for coming on and sharing some great information, some great knowledge and wisdom with us. Definitely. If you are someone that is going through an insurance claim or will go through an insurance claim in your lifetime with the property you own, definitely consider hiring a public adjuster they are worth their weight in gold. As always, if you enjoyed the episode, please feel free to leave us a rating or review. We'd love to hear from you all in the comments section and ideas on future episode topics. And we look forward to seeing on the next one. Happy investing
Founder of AllCity Adjusting, a licensed public adjusting firm, Andy Gurczak immigrated to America from Poland with his family at the age of nine. After working in the construction industry– more specifically fire restoration, Andy discovered his true calling: public adjusting. This discovery was largely thanks to Herb Johnson, the first African American public adjuster in Illinois, who took Andy under his wing. Andy grew up with the family motto, “if you're going to do something, do it right, or don't do it all,” and carries that sentiment into his business. AllCity Adjusting's unique team structure allows them to maximize their individual expertise and experience. This grants them the ability to move a claim quickly, efficiently, and always with the same outcome: max settlement for the insured. If you like what you hear be sure to like, share, subscribe! Podcast- Mindful Multi-Family show Instagram- Chris_Salerno_ Youtube Channel- Chris Salerno Facebook- The Mindful Multifamily Network Website- www.qccapitalgroup.com
Typically insurance is one of the last things real estate investors think about. 99% of the time, you don't need it and it is just an extra expense line item. Until it isn't! Investors will inevitably experience risks, including fire incidents, water damage, and other potential calamities. In this episode, Andy Gurczak, owner of All City Adjusting, shares exactly what to do when disaster strikes one of your properties, and how you can protect yourself if the insurance adjuster does not provide fair compensation. Key Takeaways: [00:55] The start of episode 135.[01:05] Kirby introduced the guest speaker, a Licensed Public Adjuster who has helped many people receive their money in insurance claims.[04:50] Kirby stressed the importance of having a public adjuster who will fight on a client's behalf.[05:49] Do we always need to hire a public adjuster or just in some cases?[09:44] How to know that the hired contractor or PA provides factual and legal claims?[15:49] Andy shared practical examples to negotiate the right amount of compensation with the insurance company.[21:15] If the client got a policy and set the replacement cost limit on it years ago, can it be automatically adjusted or will depreciation be taken?[23:49] Andy recommended the right companies where the clients could start working.[28:00] The guest shared helpful types of investments he has made. Guest Resources:Get connected to Andy Gurczak - a licensed Public Adjuster directly or on his website:Andy Gurczak's Cellphone Number: 708-655-4186Andy Gurczak's LinkedIn: https://www.linkedin.com/in/andy-gurczak-528b9b64/ AllCity Adjusting Website: https://www.allcityadjusting.com/ Show Links: Follow us on our social media accounts for more updates! Living Off Rentals YouTube Channel: https://www.youtube.com/c/LivingOffRentals Living Off Rentals Facebook Group: www.facebook.com/groups/livingoffrentals Living Off Rentals Website: www.livingoffrentals.com Living Off Rentals Instagram: www.instagram.com/livingoffrentals Living Off Rentals TikTok: www.tiktok.com/@livingoffrentals
When you buy a property insurance policy, do you know what's covered and what's excluded? Many of us read the declarations page, but it's the contract that has all the details. And it's those details that could surprise us when we are suddenly faced with a crisis, and are expecting our insurance to cover the costs.In this episode, you'll hear from a public insurance adjuster who says that most property owners have “no” idea what's in their insurance package because they've never read any of it. In fact, he says many don't even have a copy of their contract. During this interview, he offers insights into the claims process and tips on what you should and should not do or say. That includes why you might want to use a public adjuster as a “go-between” between you and the insurance company.Andy Gurczak is the founder of public adjusting company, AllCity Adjusting. It is based in Chicago, Illinois, but operates in several other states including Indiana, Pennsylvania, Texas, California, Ohio, Michigan, and Colorado. AllCity says that it helps property owners by making sure they have the insurance they need before something happens, and that any claims are settled effectively and efficiently at 100% of the claim value. As his website states: “The insurance companies are not your friends.”This is an important topic for both homeowners and investors who want to protect their assets against unexpected incidents and damage. It's one of many things that real estate investors should be aware of. If you're a new or experienced investor, you'll find more educational material like this at our website (RealWealthShow.com). Please hit the “join for free” button at the top of the page for complete access to our data.And please subscribe to our podcast and leave a review to help us rank on the podcast platforms! Thank you!
Andy Gurczak is a private insurance adjuster and the Founder of AllCity Adjusting. Andy has more than 10 years of experience. He helps and represents others with their insurance claims and advocates for them. So with no further ado, let's dive in and listen as Andy shares how he works in the field. 00:00 - 05:26] Opening Segment Who is Andy Gurczak Andy started in construction sales Public adjusters are private adjusters who represent their insurance companies and advocate for them. There is a right time to get a public adjuster involved; the sooner, the better. [05:26 - 10:40] Agents Advise Property Owners on How to Combat Insurance Companies The importance of agents educating their clients on their policy One of the main points is to avoid being in a hurry, as this can lead to mistakes and poorer outcomes for the client. Commercial clients are typically more willing to wait for a settlement, while residential clients may be more eager to return home. [10:40 - 16:47] How to Prepare for an Insurance Claim When you have a claim, the insurance company will ask you a hundred questions and record everything. Saying the wrong thing can affect your claim, such as being delayed, denied, or even worthless if you had just spoken to the insurance company directly without first consulting a Private Adjuster. It is essential to consult an attorney or PA when you have a claim to make sure you present it in the best way possible. There are many nuances to insurance policies that can be difficult to understand on your own. It is helpful to have an advisor who can help guide you through the process. [16:48 - 19:24] Closing Segment Reach out to Andy Links Below Final Words Tweetable Quotes “All the policy is written for the consumer, right? So it's not supposed to be written as an attorney is supposed to interpret it. It's supposed to be easy to read, but they're never easy to read. They're so complicated.” - Andy Gurczak ----------------------------------------------------------------------------- Connect with Andy by calling 708 655 4186 Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook LinkedIn Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me → sam@brickeninvestmentgroup.com [00:00:00] Andy Gurczak: A lot of people wanna be in a hurry. And the agents say, well, I got a guy that's gonna, help you out. He's a, contractor and the adjuster's got a guy and everyone's got a guy and everyone wants to push you to move the claim and keep going, and get it done because the quicker they can settle it, they know it's underpaid the quicker they can close out the claim. [00:00:17] Andy Gurczak: It's more when it comes to the residential claims, I think a lot of those people with families, they just wanna be back in the house. [00:00:23] Andy Gurczak: And then at the end they're like, wow, well, we don't even have enough money to fix our house. Well, you were in such a hurry. You just let them do anything. And now you're out of money. [00:00:30] [00:00:42] Sam Wilson: Andy Gurczak is a public adjuster, recovering investors, tons of money, Andy, welcome to the show. Thanks for having me, Sam. Hey man. The pleasure's mine. There are three questions. I ask every guest who comes in the show in 90 seconds or less. Can you tell me, where did you start? Where are you now? And how did you get. [00:00:58] Andy Gurczak: started in construction sales fell into adjusting, meeting someone that was already a PA learning the ropes. Since then we've we opened honestly adjusting and it's been like this on my own about over 10 years now. [00:01:11] Sam Wilson: Okay. Absolutely awesome. What is just for our listeners? So they understand. [00:01:16] Sam Wilson: What or who is a public adjuster? [00:01:19] Andy Gurczak: Yeah. Easy terms cuz public adjusting, I guess it's when people think public, it's kind of not a turn that everyone knows. I would just easily say it's a private adjuster. It's an adjuster you hire that represents you and your insurance claim and advocates for you. [00:01:32] Andy Gurczak: Not he's he doesn't work for the insurance company. He's not hired by any insurance company parties. He's only there to represent. [00:01:39] Sam Wilson: Is there. And maybe this will be, one of the, one of the things that we were gonna largely focus on in this episode is the dos and don'ts of insurance claims. And I guess, and if we're gonna cover this later, tell me, but is there a right time to get a public adjuster involved? [00:01:55] Sam Wilson: And is there a wrong time to get a public adjuster involved? [00:01:58] Andy Gurczak: I would, we would advise the quicker the better. So for our commercial clients, they call us as soon as something happens, then we file the claim and we do everything for them. They're all hands off. So the only thing they know is once the claim is settled, the amounts and that's it. [00:02:13] Andy Gurczak: Got [00:02:14] Sam Wilson: it. Okay. Okay. Let's dig right in then let's get into the meat of this, which is the dos and don'ts of insurance claims. Can you just break that [00:02:22] Andy Gurczak: down for us? Yeah. Dues, if I'm gonna give you your client tips on the dues of claims, when you're filing claim know when you're actually calling yourself to set their reserve side, to actually tell 'em that it's a large claim don't meaning when you're calling the claim, they'll usually. [00:02:39] Andy Gurczak: How much damage there is cuz they wanna set a reserve for that claim and amount. And what happens is if the Reserve's low and the claim's actually a large claim then to actually go and estimate and negotiate over those limits or the reserves they saved, it goes through like three, four managers. And it's just a long process. [00:02:57] Andy Gurczak: And it's a very tedious, that's usually a lot of our new clients when they call us, is that process when they call us a little bit too late our reserves were set low. Instead of a hundred thousand dollars claim, now we're at a $300,000 claim and you're going through this whole process of getting, that, that money approved or that claim approved. [00:03:13] Sam Wilson: So you're saying on the back end at the insurance company, you call in, you say, Hey man, we had a fire in one of our units and I don't know, you're kind of running off the back of a napkin math. You look at it and you say, by the time we get the fire damage remediated and whatever, now water damage to the property and maybe a hundred grand. [00:03:32] Sam Wilson: And your estimate was way off, but that's what you told. The insurance company said a hundred grand. And so they're sitting on their back end going, okay, we'll tag a hundred thousand dollars in the reserve account for, Sam's claim. And now you're saying that causes problems. When you go back and say, actually, no, sorry guys, we're gonna need about 300 grand, a hundred percent. [00:03:50] Sam Wilson: Correct. That's really interesting. That's really interesting. I mean, it seems like an insurance claim would be, and obviously I'm wrong, but it just it's, it is what it is, but that's not the [00:04:00] Andy Gurczak: case. No they have certain amount of reserves they have to put in when there's a claim filed. When that amount is low, like I said, it hurts your claim going forward. [00:04:09] Andy Gurczak: So if you're calling a claim and it's a fire, just might as well just say it's a total loss. Even if it's not exaggerate the damage, say it's more damage set, those reserves higher. And that way and then, adjusters also insurance adjusters have incentives to stay under the reserve. [00:04:22] Andy Gurczak: There's bonuses and their stuff when they say under the reserves. So it's a haul, it's a, it's an entire process. They have it's entire game. They have. So you wanna get off to the right foot. So not only is it, when you call in sending the reserves high enough, but also saying the right stuff. [00:04:38] Andy Gurczak: So a lot of people, they jeopardize their claims by how they call them in meaning they'll call and. We had a leak in the basement. Well, they might take that, write it down. Then you might get a call a day later saying, Hey, your claim's denied because we don't cover leaks. That's over time. [00:04:53] Andy Gurczak: Leaks are not covered. Well, you said it was a leak, but tactically, it was a pipe burst, which a pipe burst is covered. Right. [00:04:59] Sam Wilson: Gotcha. So it, I mean, it seems like there's a lot of gaming involved in this where it's like, I mean it, should it be that way or is there a better, is there a better way to do this or would you see, do we see a brighter future in this industry? [00:05:13] Sam Wilson: Or is this just, no, you gotta learn play [00:05:15] Andy Gurczak: game. It's only going the wrong way. And the reason is for the local, the staff adjusters all the more experienced adjusters are leaving and they're bringing all these, they call 'em cat adjusters or out of state adjusters. They're bringing those in and just more inexperienced adjusters that never handle the claim, but all they know is they get a piece of paper and say, these are our guidelines. [00:05:34] Andy Gurczak: We don't pay for this. We pay for this. Right. So then when we come in and we're meeting with these adjusters you're talking about someone that just finished college, that's got a laptop and saying, okay, well, I don't pay for this and we can't do this. And this is not covered. They have no clue what. [00:05:48] Andy Gurczak: Most of the time, what they're talking about, [00:05:50] Sam Wilson: How do you combat that? Like what do you guys do in that process that maybe the, us as just average Joe property owner, just simply wouldn't understand. [00:05:59] Andy Gurczak: Yeah. With the experience we have in construction estimating we're always our company, especially something that's huge on our end is knowledge and learning as we go forward is taking more seminars and learning and actually knowing how to combat insurance companies negotiate it, having the right tools to do. [00:06:18] Andy Gurczak: So, if you, cuz you just can't tell the insurance, Hey, you need to pay for this or you need to do that. Like you have to support everything. So providing those supportive documents is huge. Gotcha. [00:06:28] Sam Wilson: That makes a lot of sense. So one of the first things you said here on the due side is on a large claim, just say it's a total loss. [00:06:35] Sam Wilson: The second thing is to identify actually what happened, not a pipe leak, it was a pipe burst. And then of course getting accurate estimates. There. Are there any other dues on the front end that you say, man, this is something that people absolutely should be doing. [00:06:48] Andy Gurczak: Yeah. Mitigate the damage, meaning actually have someone on your team that if you have a fire, they board up the windows. [00:06:54] Andy Gurczak: If you have a water loss, they extract the water. If you don't mitigate they can deny your claim, that's in your policy. So knowing your policy. And actually knowing what's in there, there's a section called duties. After loss, that's the first thing you should know. That's the first thing we get when we would get the policy from an insurance company. [00:07:12] Andy Gurczak: The first thing we read is the duties after loss, because there's so many things you have to do to actually make sure your loss is covered. [00:07:19] Sam Wilson: That's really a really good advice. That's not a section of the. Of any insurance policy I think I've ever read is what are the, [00:07:27] Andy Gurczak: no, I don't think anyone's ever read any [00:07:28] Sam Wilson: of their policy. [00:07:30] Sam Wilson: Actually. I've read a fair amount of it. Cause I kind of nerd out on that stuff. It's like, oh, okay. but I still didn't know that page existed. Like, so clearly I haven't, and that's [00:07:37] Andy Gurczak: the most important page. There's usually like 10 bullet points. And it says all the things now they'll pay a claim, even if you don't perform some of the duties. [00:07:45] Andy Gurczak: But at the end, if it was they, if it went to litigation or it keeps going further in negotiation stuff, they can say, well, you never filed the proof of loss. You never mitigated there's other stuff you didn't do. You didn't, we have claims with commercial properties where let's say it was vacant, or it was under construction. [00:08:00] Andy Gurczak: They denied it saying you didn't you heat the property. They can deny the claim, right? You didn't maintain heat in the. Right, right. But then there's a clause that technically we can overturn that saying, well, if you're, if the property's under construction, then it, the claim is covered. So just knowing the policy, knowing the duties after loss would highly re a good agent, should be able to explain all that to you. [00:08:23] Sam Wilson: Right. Right. And that was gonna be, my next question was at what point in time is this the responsibility of the agent selling you the policy to help educate you and say, okay, here's what you should be doing. And then at what point in time is it where you say, all right, you're playing for the insurance team and I'm gonna have to go find my own, private [00:08:42] Andy Gurczak: adjuster. [00:08:43] Andy Gurczak: Correct. And a lot of the leads we get, or a lot of referrals we get are actually from insurance agents especially on the commercial. Because they don't really know the policies. They're pretty comprehensive policies there go there's co-insurance clauses, there's all these clauses and exclusions. [00:08:58] Andy Gurczak: They sell these policies. It's hard to find a good commercial agent, but if you are gonna start investing to commercial highly recommend that you do diligence, find an agent that can actually tell you, look, well, this is the business I have. I, storage ly is I have this 20 unit, these are all the people and make sure there's coverage for everything. [00:09:15] Sam Wilson: Yeah. And how do you, I guess, and that's something probably when you work through with our insurance agent is finding them to say, Hey, these are the 25 scenarios. This is what we need coverage for. So that's really, really fascinating. Thanks for sharing the due side. [00:09:28] Sam Wilson: What are the don'ts [00:09:29] Andy Gurczak: What are the don'ts? Let's see here. Don't don't be in a hurry is my number. A lot of people wanna be in a hurry. And the agents say, well, I got a guy that's gonna, help you out. He's a, contractor and the adjuster's got a guy and everyone's got a guy and everyone wants to push you to move the claim and keep going, and get it done because the quicker they can settle it, they know it's underpaid the quicker they can close out the claim. [00:09:51] Andy Gurczak: That's the number one thing, don't be in a hurry. Our commercial clients are our favorite because they're usually are more, Hey, I'm not in a hurry. I have my own contractors. I'm, let's get it settled. It's more when it comes to the residential claims, I think a lot of those people with families, they just wanna be back in the house. [00:10:08] Andy Gurczak: And then at the end they're like, wow, well, we don't even have enough money to fix our house. Well, you were in such a hurry. You just let them do anything. And now you're out of money. [00:10:15] Sam Wilson: that's really, really sound advice. So don't be in a hurry. What else you have after that? I guess, are there things we should, and shouldn't say, are there people that we are there documents we shouldn't sign? [00:10:26] Sam Wilson: Are there anything along those lines where you say, and maybe that's part of the, don't be in a hurry thing? Is there just something we should categorically avoid? [00:10:33] Andy Gurczak: Yeah, I think just saying the wrong stuff in terms of don't be in a hurry, don't start calling. And because the insurance company, when they, when you call the claim, when you're speaking with them, they'll ask you a hundred questions and they'll record everything. [00:10:48] Andy Gurczak: And then if you say the wrong thing, then. We get called and say, well, there's this whole trace of, we have to go back and like, look, go through a whole story of what happened in the last three months. Well, you started out with telling them that this happened and that's what got the claim delayed, Deni delayed and now technically denied. [00:11:05] Andy Gurczak: So no one what to say, and actually maybe consulting someone a PA or an attorney when you have a claim to make sure you present it to an insurance as well [00:11:13] Sam Wilson: Give me a case study and they come to mind where you say, Hey, this is what happened. This is how we could, how we helped something [00:11:21] Andy Gurczak: like that. was another investor, actually, your area of Memphis, he had a 16 unit building. [00:11:27] Andy Gurczak: His claim was denied called us was referred by one of his XG students. One of his listeners his claim was denied because they said it was sewer backup and his claim wasn't covered technically. And there's a big tip for all your listeners. If they ever a claim where it's sewer backup and they don't have sewer backup limit. [00:11:42] Andy Gurczak: Well, sewer backup is sewer that backs up from usually the sewers, like the streets or, overflows or something. Most of the time it's called it's called a soft clog, meaning something actually gets clogged in the pipe. That's why the pipe overflows. Okay. That's covered under your main limit. [00:11:59] Andy Gurczak: So that loss, for example, that case study, that loss was denied. Cuz two of the units got damaged. I think we finished at 70,000, so he had zero denied after months of fighting with them. And then we ended up finishing a claim at 70,000. [00:12:11] Sam Wilson: Wow. And what did you call that? A soft clog versus a sewer box soft. [00:12:16] Andy Gurczak: Yes. So the two, no, two different things. Soft clog and sewer backup, two different things. [00:12:20] Sam Wilson: That's again, it goes back to just the nuance of this where it's like, we, I feel I'm not the sharpest knife in the drawer. I freely admit that, but it's like, there's it just, there's so much nuance to this. That's like, this should seem seemingly be more straightforward where it's like, there is sewage. [00:12:36] Sam Wilson: In our building, but how that sewage got there or what caused that sewage to get there is the difference between $0 from the insurance company and $70,000 from the insurance company. And how do we as commercial real estate investors educate ourselves on that? I mean, cuz again, you said these policies are hyper nuanced, right? [00:12:57] Sam Wilson: What should I be doing to make sure that I understand this on the front? So, [00:13:02] first [00:13:02] Andy Gurczak: of all, the policy is written for the consumer, right? So it's not supposed to be written as an attorney is supposed to interpret it. It's supposed to be easy to read, but they're never easy to read. They're so complicated. [00:13:13] Andy Gurczak: Even when we go to read them, we're, we're looking 'em up and we have definitions. Cause they're very confusing. Yeah. So, so they're not written in your favor. Also, the adjuster is supposed to have eye for coverage. They it's what they used to call an eye for coverage. They technically were always stopped that, they had an eye for coverage, meaning they want, they should always look to cover your lumps. [00:13:33] Andy Gurczak: But once insurance companies took the, took in the McKinsey model and I don't wanna get into this whole Allstate McKinsey thing, but they accepted this model McKinsey model of how they handle claims. Now, most claims are denied. They're never looking to cover. Instead, they're more looking, okay, what's this. [00:13:50] Andy Gurczak: Or how can we deny this instead of how can we cover it? That's every claim how we see going now is it's. How can we deny it instead of how can we cover it? Then we have to come in and look at, okay. That pipe there was leaking. Well, was it leaking over time? Did something hit it, did it how to burst. You just have to find the real culprit to see and then to see if there's coverage in the policy for it. [00:14:12] Sam Wilson: that is absolutely correct. And then that's, and that's one of the things, I guess, that as business owners, as real estate investors, that's really frustrating in this space is, and again, I was signing a policy here for our renewal on a commercial building and I just started reading through it and I got halfway through. [00:14:27] Sam Wilson: I'm just like, I don't understand what I'm reading anymore. Like, I don't know, this is I, [00:14:32] Andy Gurczak: they get fine. I mean, they get those commercial. That's why I say, four unit lasts the residential, those policies, just, they're, I dunno 60 pages, those commercial ones. I mean, they get thick, those binders get thick. [00:14:42] Andy Gurczak: I mean, there's a lot in them, [00:14:43] Sam Wilson: a lot in them. And by the time I feel like it's a, it's a spider web of like, You know if this, then that, but that then, and by the time it's all done, it's like, I don't know. This is a ball of, exclusions and things that are covered that I can't even begin to remember. [00:14:56] Sam Wilson: So I guess [00:14:57] Andy Gurczak: your point, when you say education learning or where can you, there's really, it's hard because everything's so skew. If you go online and say, do I need a public adjuster or should I hire a PA you'll find half articles. Yes, all good. And then half bad. And those bad ones are all written by insurance companies. [00:15:11] Andy Gurczak: No one even tells you that you can hire a PA. A lot of people don't know there's actually a private adjuster. You can hire to look over your claim and you don't even have to hire us. You can just literally have us look over your claim to see. It was, I went to one yesterday was a fire. It was a friend that called looked over the claim. [00:15:25] Andy Gurczak: I'm like, there's a couple of things missing, but I'll give you the tips and advice. What you tell 'em to get it paid. There's nothing else for us to do. I'm just saying it doesn't hurt to call because the good PAs and the ones that , are very knowledgeable, don't look over a claim like our firm doesn't take on a claim unless we look over and make sure we can bring value to it. [00:15:40] Andy Gurczak: So I can't bring value to Sam then there's, then there's no need for us, or I'm not gonna waste your time or you're gonna waste Neil waste each other's time. [00:15:48] Sam Wilson: Absolutely. And that brings back us to the last question. And maybe this is , Too granular, too personal to have on a podcast question, but I guess I gotta ask it, how do you guys get paid in this process? [00:15:59] Andy Gurczak: Yeah, PA usually charges between 10 to, 10, 20, 20 5% depending. We cover 12 states. So we've just taken the model of 10% across the board. When we do commercial en large, we have a scale that drops down the percentage from 10 to after a million dollars. It's 5% we cap it, , for like really large claims for our larger clients [00:16:19] Andy Gurczak: but that's our firm. Again, everyone does it a little bit differently. , we do a flat 10% and like I said, when we do the large claims, then we have a scale that kind of goes down based on if the claim is to reach a certain [00:16:30] Sam Wilson: amount. Right? [00:16:31] Sam Wilson: No, I love that. That's great. Last question for you here, Andy. [00:16:35] Sam Wilson: If someone were to come work with your firm? What makes them a great client for you guys that you say, man, that's somebody I really wanna work with. [00:16:41] Andy Gurczak: Someone that trusts us, someone that when I talk to says, Andy, I just want you to handle that claim. Just settle it, handle everything for me. [00:16:50] Andy Gurczak: Just let me know when we're done here. Let me know the amounts. That's the best client, the client that is the client. That's worried about the percentage upfront, what they have to pay or what's our. Those clients right away. I can tell you then let's not work together because the value I bring to you, literally, we can charge over 50% on each claim and you'd still be better off if you didn't hire us. [00:17:11] Andy Gurczak: Right. [00:17:11] Sam Wilson: That's the. I love that. And that, that, that's a fair and honest reply. And I appreciate that. Cuz everybody has in their own industry, whether you're a broker, whether you're a buyer, a seller, there's like people you wanna work with. And then there's people you're like, Hey, this just isn't a good fit in a good fit for us. [00:17:26] Sam Wilson: So certainly appreciate your transparency and commercial [00:17:29] Andy Gurczak: clients. Like you saying, you guys invest in commercial and your listeners are our favorite. Because they usually have their own team of contractors and roofers all their whole team. So when we come on their team, we're just in charge of getting their claims, paid fully, making sure they have all the money, then they get their own guys. [00:17:45] Andy Gurczak: They're not having the insurance company take all their money and do their work. Right. So it works out in, it works out in their favor. [00:17:53] Sam Wilson: That's awesome. Andy, thank you for coming on the show today and taking the time to break down what a public adjuster or private adjuster is, how you guys work. [00:18:02] Sam Wilson: What, how you guys get paid, what to do, the right things to do the wrong things to do. And really, I guess bringing a little clarity perhaps and saying that, the industry is just pretty confusing as it is, and there's probably not gonna change any time in the future, but at least you've given us some, some tips and tricks on how to navigate, how to navigate those murky waters. [00:18:20] Sam Wilson: So I certainly appreciate it. If I, if our listeners wanna get in touch with you or learn more about you, what is the best [00:18:25] Andy Gurczak: way to do that? The best way for your listeners. What I'll do is I'll leave you my, my personal cell phone. If any of your listeners wanna call me or text me I'll leave in my cell phone. [00:18:34] Andy Gurczak: That way that's the quickest way they can save that number in their phone book. Cause again, you might never need me. Or you might have two claims in a year, so, if they want to save my phone number, it's seven oh eight six five five four one eight six seven oh eight six five five four one eight six. [00:18:48] Andy Gurczak: And that's literally my cell phone. They call me, text me. They have any questions I'm more than happy. I'm very open to helping people, so [00:18:54] Sam Wilson: that's awesome. Andy, thank you again for coming on today. I certainly appreciate it. [00:18:59] Andy Gurczak: Appreciate it.
Special guest Andy Gurczak joins Marcus Maloney today. Andy is a private insurance adjuster. He's in the Chicago land market & Indiana. Founder of AllCity Adjusting, a licensed public adjusting firm, and he's been doing this for over 10 years. In this episode, you'll get to learn more about who benefits using a public adjuster, land banking process, tenant structure and so much more. Tune in to the full episode and enjoy!
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