Ill. Admin. Code tit. 50 § 3118.90

Current through Register Vol. 48, No. 52, December 27, 2024

Section 3118.90 - Charges for Services

a) A public adjuster client shall not be required by the licensed public adjuster, or its agent, to pay higher fees to the public adjuster if the client does not elect to work with the contractor or vendor preferred or primarily recommended by the public adjuster.

b) A public adjuster commission, charges or fee shall not include the deductible amount and shall only be based on net claim payment made by the insurer.

Ill. Admin. Code tit. 50, § 3118.90

Amended at 30 Ill. Reg. 19367, effective November 29, 2006

Amended at 39 Ill. Reg. 1528, effective 1/9/2015

Amended at 48 Ill. Reg. 7257, effective 4/30/2024