Flood Claim

CONTINGENCY FEE AGREEMENT

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I aver that I have authority to enter into this agreement, I consent to sign this application electronically, and I wish to submit this application for processing.

The undersigned (Insured) hereby retains Amloss Claims & Arbitration LLC. (AMLOSS) to be Insured’s agent and representative to appraise, advise, negotiate and/or adjust the above referenced loss under the following terms. Amloss is not a law firm and does not offer legal advice. Insured may wish to consult an attorney regarding their claim. Insured represents to Amloss and their insurance Company that they may have sustained damage to their property and instructs Amloss to file an insurance claim.

1. Scope of Services: Amloss will file insured’s claim with his/her insurance co., scope the loss, prepare an estimate of damages, prepare a Sworn Proof of Loss (SPOL) if required, and file same with insured’s carrier. Additionally, Amloss will attempt to adjust claim with carrier. Amloss will not select contractors to renovate or remediate.
2. Fees: The Insured hereby agrees to pay and irrevocably assigns to the Public Adjuster (PA) an amount equal to 20% (Twenty-percent) of the claim and recovery whether through adjustment, mediation, appraisal, arbitration, lawsuit or otherwise, on all coverages applicable under the referenced policy including claims for bad faith. However, for initial claims arising out of an occurrence declared an emergency by the State of Florida, the percentage shall be 10% (Ten-Percent) if this contract is executed within one year after the declaration of emergency for such occurrence directly related to this loss. If payment is made on a replacement cost value policy (RCV), the PA fee is based on the gross RCV adjustment/settlement/award.
3. Notice of assignment and payment: The Insured has assigned a portion of his/her claim to the PA and hereby authorizes and directs the above-named insurance company(s) to include the name of the PA as an additional payee on all insurance proceeds checks issued by reason of the above-referenced loss. Payment to the PA shall be due and payable in full at the time insurance proceeds are paid or issued by the insurance company. PA, at its discretion, may agree to accept a postdated check for its fee when PA indorses settlement check. In the event of any litigation instituted by the PA for non-payment of all or any part of the PA’s fee, the prevailing party on the issue of non-payment shall be entitled to recover reasonable attorney’s fees.
4. Insured Cooperation: The Insured agrees to comply with the PA’s and insurance company’s reasonable requests for information and other requirements of the insurance policy and the court.
5. Binding Effect: This agreement shall be binding on the Insured and the Insured’s personal representatives, executors and assigns.

All named insureds must sign this agreement. Pursuant to Florida Statute 626.8796 Client represents and warrants to Amloss that all named insureds are named and have signed this agreement.

You, the insured, may cancel this contract for any reason without Penalty or obligation to you within 10 days after the date of this contract, by providing written notice to Jacob Pollock, submitted in writing and sent by certified mail, return receipt requested, or other form of mailing that provides proof thereof, at the address specified in the contract.