Loss Assessors: Some Case Studies

What Happens When You Call On An Insurance Loss Assessor: How They Help You Make An Effective Insurance Claim 

When you have an incident to your home or business such as a fire, flood, water or storm damage, or theft, you clearly need some help. Once you have reported to the police, it is often a good idea to wait before calling your insurance company – if you want to make a fair claim.

Contacting an insurance loss assessor should be your next step. Your loss assessor deals with your insurance claim on your behalf, and takes care of all contact with your insurance company – and all the people they employ to deal with your claim.

What is the point of an insurance loss assessor? I already have good insurance! 
An insurance company makes money from selling insurance policies. They don't want to have to pay out more money than absolutely necessary, and they are experts in reducing the amount of money they pay out on insurance claims. It’s not because insurance companies are bad people, it’s just that they are a business who are obligated to put their shareholders first. They employ professional insurance loss adjusters who spend all day reducing the size of claims. Using your own loss assessor to take over communications with you insurance company can be a smart move.

Truman Associates insurance loss assessors are amongst the most skillful in the UK, and having them on your team means you will get the settlement you deserve. A skilled loss assessor is not just good at reading contracts and reading between the lines; Truman Associates increased a solicitors' settlement by £20,000 when they claimed.

The 10-step Process to Follow When Claiming 
Presenting your claim correctly is half the battle, and mistakes early on can severely reduce your chances of an effective settlement. You should follow these steps:
1 – In cases involving criminal activity (such as Theft or Malicious Damage), you should call the police to report the incident.
2 – They will give you a Crime Reference Number;
3 - If possible, you should then call an insurance loss assessor and instruct them to act on your behalf;
4 – Next, visit the scene of the incident with your loss assessor;
5 – Next it's time for your loss assessor to have a thorough read-through of your insurance policy;
6 – Using all the supporting documents and receipts you can supply, the loss assessor helps you to prepare a schedule of the loss;
7 – You then work with your loss assessors to get estimates to replace, repair and recover your loss;
8 – The next step is for your loss assessors to liaise on your behalf with your insurance company's loss adjuster;
9 – Once this process is over, your insurance company pays you the settlement you deserve;
10 – At the end, you pay your loss assessor a pre-agreed proportion of your financial settlement.

Your insurance loss assessors keep you up-to-speed throughout on the claims process; you do not pay the assessors until your insurers have paid you. The reason this system works so well is that Truman Associates are experienced in dealing with insurance claims and know what to look out for. It is important that right from your first phone call to your insurance company after the incident you have your wits about you – if you want to get an effective settlement.

So if the worst happens and you have a fire, flood, theft or storm damage to your home or business, you're not alone. Call Truman Associates loss assessors – it’s only fair.