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Loss adjusters

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    Loss adjusters

    More burglary news....

    We sent off all the info with most receipts to the insurance company the other week, we have now been contacted by a firm of loss adjusters and they are coming to visit our home on Thursday.

    What is their remit?
    To assess if I could afford the goods?
    If I live in a gaff big enough to store the goods?
    Or are they purely there to get there bonus for minimising the insurance companies outlay?
    Last edited by Scrag Meister; 9 July 2012, 08:01.
    Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.

    #2
    Yeah generally to make sure you are not taking the p!ss with your claim..

    if you have been completely honest nothing to worry about.....

    Comment


      #3
      Originally posted by Scrag Meister View Post
      More burglary news....

      We sent off all the info with most receipts to the insurance company the other week, we have now been contacted by a firm of loss adjusters and they are coming to visit our home on Thursday.

      What is their remit?
      To assess if I could afford the goods?
      If I live in a gaff big enough to store the goods?
      Or are they purely there to get there bonus for minimising the insurance companies outlay?
      They are checking whether you are under-insured.

      If your contents insurance is for 100k. and you have contents with a replacement value of 200k, they will half your 10k claim to 5k. The replacement value soon adds up.

      A lesser man than you would pack up all the small expensive electronics and valuables etc. and store it off site before the visit.

      Comment


        #4
        Originally posted by Old Greg View Post
        They are checking whether you are under-insured.

        If your contents insurance is for 1--k. and you have contents with a replacement value of 200k, they will half your 10k claim to 5k. The replacement value soon adds up.

        A lesser man than you would pack up all the small expensive electronics and valuables etc. and store it off site before the visit.

        Hopefully won't be an issue then, as our policy is allegedly "UNLIMITED".

        We'll soon see no doubt.
        Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.

        Comment


          #5
          I thought a loss adjuster's job was to minimise the value of your claim. Basically, to fsck you over on behalf of the insurance co.

          I see there are firms out there who will deal with the loss adjuster for you, e.g.
          ICS | Loss Assessors | Help with Insurance Claims | Making an insurance claim

          Try searching the MoneySavingExpert forums (there are many refs to loss adjuster)

          Comment


            #6
            If they are being sent by the insurance company it is a safe bet they are not there in your interests!
            Originally posted by Stevie Wonder Boy
            I can't see any way to do it can you please advise?

            I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.

            Comment


              #7
              Originally posted by Scrag Meister View Post
              More burglary news....

              We sent off all the info with most receipts to the insurance company the other week, we have now been contacted by a firm of loss adjusters and they are coming to visit our home on Thursday.

              What is their remit?
              To assess if I could afford the goods?
              If I live in a gaff big enough to store the goods?
              Or are they purely there to get there bonus for minimising the insurance companies outlay?

              An old friend of mine is a loss adjuster, he gets a percentage of the reductions of payouts. He specialises in high tec claims and he will ask detailed questions about the lost or stolen equipment such as how the equipment was set up, the colour of the function switch etc etc. Claimants are often caught out when they can’t even describe where the on-off switch was.

              Basically the loss adjuster is you enemy and you will have to fight him for every penny.
              "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

              Comment


                #8
                Originally posted by Paddy View Post
                Basically the loss adjuster is you enemy and you will have to fight him for every penny.
                As I feared.

                Financial Ombudsman then if I think they are just looking to dump their responsibilities.
                Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.

                Comment


                  #9
                  Originally posted by Scrag Meister View Post
                  As I feared.

                  Financial Ombudsman then if I think they are just looking to dump their responsibilities.
                  Have receipts / proof of purchase and evidence of replacement costs ready in a neat folder. Treat it as a business meeting.

                  Comment


                    #10
                    Originally posted by Old Greg View Post
                    Have receipts / proof of purchase and evidence of replacement costs ready in a neat folder. Treat it as a business meeting.
                    We've sent all the receipts we could find with the original paperwork.
                    Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.

                    Comment

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