The Loss Assessor: Your Ally In The Insurance World
If you’ve ever dealt with an insurance claim, you’ll be aware of the job of the loss adjuster.They are the dark knights, working for the insurers, trying to find a way to give you as little money as possible.Unlike you, loss adjusters deal with insurance claims everyday.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. They manage this in two key ways. In the first instance, they use your own lack of understanding; since you aren’t an insurance pro, you’re probably in the dark about what your policy allows you claim against.Second, the adjuster has numerous ways of invoking legal loopholes that allow his bosses to escape paying out on any given part of your claim. 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 component in insurance company profitability.For large claims, especially relating to business insurance, many thousands of pounds will be saved through their efforts. Fortunately, if you’re making a claim then the means to counteract these forces exists in the form of the loss assessor:an insurance professional whom you appoint to contest a claim on your behalf.Unlike yourself, a loss assessor has the technical and legal firepower necessary to take on the loss adjuster,giving you the protection you need when you’re in a position of (often extreme) weaknessFurthermore, the assessors are often able to use their expertise to identify other things for which you can claim,things that you would probably have overlooked.As a consequence, the fee you pay to the assessor will be redeemed, often many times over, by the increased payout you receive. Mrs S was shrewd enough to appoint Ray Truman of Truman Associates, a big player in the loss assessment field.Truman was able to invoke a clause in the contract that dealt with vandalism and the insurers caved in and coughed up for the full £49,000 claim.Ray Truman worked doggedly and with passion to fight on my behalf’ says Mrs S.Thank goodness for Ray and his determination never to give up and for winning the day in the end.’When your insurance claim is under attack, loss assessors are there to ride to your rescue.