Your Loss Assessor: Fighting Your Corner in Insurance Claims
If you’ve ever dealt with an insurance claim, you’ll be aware of the job of the loss adjuster.They are the people, put in place by your insurance company, whose job is to find a way to bring down the value of your claim.In contrast to you, loss adjusters spend every working hour looking at insurance claims.Therefore, the details, the wording and the interpretation of insurance law is second nature to themThey deploy this mastery, in as cunning a way as possible, to get your claim down to the minimum amount. This advantage is exploited in two main ways. First of all, by turning your lack of knowledge in their favour; since the legalities are difficult to comprehend, you are often unaware of the things for which you can claim.Secondly, the adjuster has multiple tricks up his sleeve in the form of legal loopholes which ensure his bosses don’t have to pay out. Mrs S, a landlady whose house was torn to pieces internally by tenants who’d converted it into a cannabis farm, was dumbfounded when the adjusters cynically tried to ‘hide behind small print to reject my claim’.They argued that the grotesque disfigurement to the property was not ‘malicious in nature’. Loss adjusters are a key part of insurance companies’ drive to maximise their profits.With a large claim, particularly in business insurance, five-figure savings and upwards are the norm. Fortunately, if you’re making a claim then the means to counteract these forces exists in the form of the loss assessor:an insurance expert who works for you.Unlike yourself, a loss assessor has the technical and legal firepower necessary to take on the loss adjuster,giving you crucial peace of mind at a time you are likely to be feeling distressed and vulnerable.Furthermore, the assessors are often able to use their expertise to identify other things for which you can claim,things you would probably not have discovered.Thus, the fee the loss assessor charges is almost always absorbed by the increase in the payout he or she will secure for you. Mrs S was lucky enough to engage the services of Ray Truman of Truman Associates, pioneers in the field of loss assessment.Truman successfully cited a clause in the contract relating to vandalism and the underwriters were forced to meet the entire £49,000 claim.’Ray Truman worked doggedly and with passion to fight on my behalf,’ explains Mrs S.Thank goodness for Ray and his determination never to give up.’When your insurance claim is under attack, loss assessors are there to ride to your rescue.
