People seem to think that having insurance means that when a loss occurs someone will miraculously appear on their doorstep with a cheque book in hand and sign off the full value of their claim with a big smile. Unless you are extremely lucky, commercial insurance claims are very rarely handled as quickly and efficiently as that because as much as Insurers are bound to settle your claim eventually, they will try and protect their interests by using Loss Adjustors whose job it is to review and negotiate firmly on behalf of their Client the Insurer to keep their costs as low as possible.
This process will involve having to provide them with a huge amount of paper work to support your loss as well as all the time meeting with both the Adjustor and the firms to providing you with quotations to undertake the repairs…that is if you can even find a builder willing to do anything within the next 6 months!! Don’t forget that you may also need to arrange emergency premises or replacement of equipment all of which must be sourced and justified before the Adjustor will authorise any payment.
It is a fact of the commercial world that no matter whom the insurance company, is they will want to make a profit and will do their utmost to keep their claim payments to a minimum. It is why therefore, that we have come up with an insurance product to take away all the hassle of having an insurance claim. With our Commercial Loss Recovery policy you will be provided with, and have the fees paid for, a qualified independent Claims Expert to prepare, present and negotiate Material Damage and Business Interruption claims, including Computer, Engineering, Glass, Goods in Transit and Terrorism claims in excess of £5,000.
They will provide initial telephone advice on all claims, undertake personal visits on all qualifying claims, arrange interim payments from Insurers, attend meetings with Insurers and handle all correspondence, organise temporary, premises, builders, equipment, prepare and present claim to Insurers and negotiate the best possible settlement on your behalf.
Click on the Disasterater box to determine how much a claim is likely to cost your business or pick up the phone and speak with us for a no obligation review of your current insurances including Commercial Loss Recovery.
