Public adjusting, the way it should be
Public adjusting, as it should be
Why we do what we do
RISCO was founded in 2006 after president Rich Michelson spent time working with victims of hurricane Katrina in Louisiana. He saw firsthand insurance companies handling clients’ losses improperly by denying claims and lowballing settlements. From there, his professional goals changed from representing the insurance industry to representing the policyholder… and RISCO was born.
RISCO's President and founder, Richard Michelson, thrives on being a career-long student of the insurance industry. His experience spans over 30 years. As a seasoned insurance professional, Richard also has designations and licenses including being a Certified Insurance Counselor, Certified Risk Manager and a Licensed Insurance Consultant which gives him the advantage when representing you, the policy holder. He has also been trained in disaster restoration as the former owner of a disaster response company. Having been an insurance agent and independent adjuster on the carrier side, Rich has the experience and knowledge needed to navigate the insurance claim process.
How We Work
Our goal is to take the guesswork out of an extremely stressful time. Let us do the heavy lifting so you can focus on what’s most important… Rebuilding. Once we determine you’re a candidate for public adjusting, Rich will guide you through this process:
The claim gets submitted to the insurer using direct reporting to the carrier or by reporting the loss to the agent.
The claimant should take steps to mitigate the loss.
The claimant should accommodate the adjuster with any physical inspections and documents required. That may include estimates for repairs and financial data for the insurer’s review.
The insurer may request proof of loss.
The insurer may require an examination under oath. They may also call in experts to assist them with the loss assessment and estimating/scope of damages.
The insurer will either deny or accept the loss and pay the claim accordingly.
Claimants may or may not be satisfied with their settlement. Richard can assess your settlement to determine if you were treated fairly.
Our clients pay us a percentage of their loss settlement. Some hire us at the onset of their claim and some hire us to assess and mop up their claim settlement.
Take Their Word For It
We love what we do and could talk about it for hours. But when you’re dealing with loss of valuable property and confusing insurance settlements, you want to hear success stories from real, verified clients who have walked the path before you. Here are some examples of how our work has provided relief to people like you.