Loss Assessors - How They Can Help?
Insurance claims for property damage can be a minefield, one wrong ticked box or wrong phrasing of your wording can have a substantial impact on the value of the settlement offered, or even getting your claim accepted. Appointing your own Loss Assessors to manage your property related insurance claim can substantially improve the outcome of your claim both in terms of the amount paid out and the time it takes to complete the claim handling process. Your insurer will use their own loss adjuster to evaluate your claim and minimise the settlement value offered, a loss assessor will work on your behalf to ensure that you get the maximum entitlement from your claim.
The Benefits Of Professional Representation
You wouldn't go into a Court of Law without professional legal representation, so don't enter into negotiations about settlement of your insurance claim, with potentially many thousands of pounds at risk, without your own claims management loss assessors there to assist you. Loss assessors understand that this can be a difficult and stressful time for you, and that they are there to help.
What the right loss assessor will do for you:
- Take away the stress, uncertainty, and confusion of dealing with your insurance claim.
- Ensure that you get a fair and fast settlement.
- Work for your best interest not the insurer's.
- Handle the preparation and presentation of all claim documents.
- Obtain estimates for repairs/replacement.
- Appoint builders from their approved panel of suppliers.
- Supervise and project manage reinstatement to insure that all work is carried out in a timely manner and to the highest standards of workmanship and materials.
- Provide a turn-key service from start to finish.
- Be a single point of contact for your claim.
Did You Know?
ICOBS: What is it, how does it affect you?
ICOBS: What is it, how does it affect you?
Claims processing by insurance companies must be comply with rules contained in the "Insurance: New Conduct of Business Sourcebook", known as the ICOBS rules on claim handling. Issued by the FSA, ICOBS applies to both consumers and commercial customers. The insurer is responsible for claims handling, even if they have outsourced this function. The main objective of ICOBS is to ensure that customers are treated fairly. As such, claims must be handled fairly and promptly.