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.These shadowy figures are the professionals, appointed by the insurance companies, whose job is to shrink your claim to the lowest possible amount.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. This they do in two 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 loss adjuster can use their detailed knowledge of the legal loopholes that enable the insurance company to evade responsibility for aspects of the claim. Mrs S, a landlady whose house was ripped apart by tenants who had converted it to a cannabis farm, was dismayed when her insurance company tried to ‘hide behind small print to reject my claim’.They asserted that the appalling damage had not been ‘malicious in nature’. Loss adjusters exist to make money for insurance companies.With a larger claim, especially in business insurance, many thousands can be saved through their work. 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 you, a loss assessor has the legal and technical knowledge necessary to confront the loss adjuster,giving you the vital support you need when you’re at probably your lowest ebb.In addition, the assessors will frequently uncover other things for which you can claim,things that you would probably have overlooked.As a result, the loss assessor’s fee is invariably absorbed by the boost to your payout he or she obtains for you. Mrs S was shrewd enough to appoint Ray Truman of Truman Associates, a big player in the loss assessment field.Truman spotted a contract clause relating to vandalism which meant the insurers failed to wriggle off the hook and had to concede 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.’It seems that loss assessors truly are the White Knights of the insurance game.