Learn how Charleen Hoskins, CEO of TPAS, LLC, is working to demystify insurance policies and improve policy literacy.
Charleen Hoskins
Understanding Insurance: A Guide from Policy Interpretation Expert Charleen Hoskins
Insurance policies can be filled with complex language and confusing clauses, often leading to misunderstandings when an unexpected event occurs. Charleen Hoskins, CEO of TPAS, LLC, a property and casualty education firm, wants to change that. As an experienced independent claims adjuster and leader within the National African American Insurance Association (NAAIA), Hoskins is dedicated to improving insurance literacy. She is launching public education classes focused on understanding insurance policies, empowering individuals to make informed coverage decisions and navigate the claims process effectively
The Role of Independent Claims Adjusters
Independent claims adjusters serve a vital function after a loss or damage occurs. They are hired by insurance companies to investigate, assess, and negotiate settlements for policyholders’ claims. Think of them as impartial investigators: their primary role is to determine the extent of damage and the corresponding responsibility of the insurance company as outlined in the policy.
Hoskins and her team at TPAS, LLC specialize in property and casualty insurance. They have the expertise to navigate the technicalities of policies, ensuring fair compensation for losses covered by your insurance.
Example: Damage Beyond the Obvious
Imagine a sewer line failure in your home, flooding your finished basement. While your policy likely covers the structural damage, the fate of your furniture, decor, and valuables may be unclear. An independent adjuster can review your policy, identify potential endorsement riders for extended coverage, and advocate on your behalf with the insurance company.
Importantly, independent adjusters also handle complex claims such as business interruptions, cyber liability incidents, and professional liability issues.
The Value of Understanding Your Policy
“Knowledge is power, especially when it comes to insurance,” states Hoskins. She is offering classes to help consumers understand their own policies. Proactive steps like thoroughly reading your insurance documents, asking questions of your agent, and exploring additional coverage options can prevent unpleasant surprises when filing a claim.
In Summary
Insurance matters can be stressful and confusing. Independent adjusters like Charleen Hoskins and her team at TPAS, LLC can provide a lifeline during these situations, helping ensure fair and accurate settlements. By taking an active interest in your insurance policies, you empower yourself. Consider attending upcoming classes visit www.tpas.llc to gain deeper insights into insurance literacy.
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