Vermont Allows Non-resident Adjusters to Assist with Flood Claims

In response to the State of Emergency declared by Governor Phil Scott on July 9, the Vermont Department of Financial Regulation has announced a measure to allow property and casualty insurance carriers to utilize individual adjusters who are not licensed in Vermont. This decision comes as heavy rains and flooding have created widespread damage in the state.

According to the Department of Financial Regulation, in the event of catastrophic events, insurers can seek permission to employ adjusters and appraisers who are licensed in their state of residence or another state, in cases where the resident state does not issue such a license.

Insurance carriers are required to notify the Department via email of their intention to employ catastrophe adjusters or appraisers. Additionally, the insurer must provide the names, addresses, and license information of all individuals who will be handling the adjusting and appraising tasks.

To ensure fair treatment for policyholders, a licensed adjuster from Vermont will review any claim denials within 90 days from the date of the denial, verifying that the claim was properly adjusted.