As most traumatic events in life such as fire or flood damage don’t happen too often, you are unlikely to know what to do when the disaster strikes. You also won’t know how to accurately assess the damage, or how to deal with the insurance loss adjuster trying to invalidate or reduce your claim.
Many policy holders lose out, because to avoid stress and having to fight for what is rightfully due to them, they take whatever compensation is being offered.
By appointing a professional loss assessor, you are gaining a valuable ally. A loss assessor can accurately assess the damage and prepare comprehensive documentation of the claim. This part is vital to having the claim accepted and paid out promptly by your insurer.
If you think that whatever you miss in your claim will be pointed out by your insurer’s loss adjuster, think again. The sole role of an insurance loss adjuster is to minimise the payout for the insurer. He will therefore only look at the loss reported by you, and even then, he will try to find policy exclusions and other loopholes frequently buried in the small print, in order to reduce, or even decline your claim.
An experienced loss assessor will know where to look for potential secondary damage. He will also be able to interpret policy wording and pre-empt the attempts to reduce your claim. Since he has not been emotionally affected by the traumatic event, he can calmly formulate a claim management strategy, that will ensure the best outcome for you.
Appointing an experienced loss assessor will not only save you the stress of dealing with the claim and provide a much more accurate assessment of your loss; it will also save you a lot of time and hassle. A loss assessor is likely to have contacts with reliable structural engineers, professional cleaners, builders and repairers. He can therefore estimate the total reinstatement value of your loss and file a claim in a fraction of the time it would have taken you to do it by yourself.