A Loss Assessor is a professional with the detailed knowledge required to assess and compile the various sections of your claim –
- Buildings
- Contents
- Accommodation
- Business interruption
Bishop Insurance Services will negotiate on your behalf to ensure you receive your full entitlement under your policy for your loss. We are very successful at what we do. To date, every single client we have worked with has received a larger settlement after appointing us.
Bishop Insurance Services is employed directly by the Client and accordingly has no connection to the Insurance Companies.
SHOULD A LOSS OR DAMAGE TO MY PROPERTY OCCUR – WHAT SHOULD I DO?
Contact Bishop Insurance Services with a view to assisting you with your claim. They will report the loss to your insurance company on your behalf.
We operate on a ‘no claim, no fee’ basis. In the unlikely event that you do not have a valid claim, we do not charge you.
We guarantee inspection of your premises within 24 hours of notification of the claim.
A Loss Adjuster is the insurance industry professional employed by the Insurance Company. He / she does not prepare your claim, but rather adjusts your claim once submitted. They also ensure that all policy conditions are met and in addition will assess the level of insurance covered by the policy.
WHY SHOULD I EMPLOY A LOSS ASSESSOR (BISHOP INSURANCE SERVICES) TO OBTAIN WHAT IS RIGHTFULLY DUE TO ME?
Insurance Companies will only pay out based on what is claimed by the Policy Holder. Bishop Insurance Services are the only independent professional working for you and with their experience and expertise are better able to achieve a more favourable settlement.
WHAT LEVEL OF FEES ARISE IN RESPECT OF BISHOP INSURANCE SERVICES?
Our fee is a percentage of the settled claim, and is usually 8% plus VAT. The fee can be negotiated for larger claims.
There is no fee for an initial survey and inspection and in the unlikely event that no claim arises, no fee will be charged. Bishop Insurance Services only get paid after you, the Client, receive your settlement cheque.
WHY DO I NEED THE SERVICES OF A LOSS ASSESSOR (BISHOP INSURANCE SERVICES) IN PREPARING MY CLAIM?
In the first instance the burden of proof regarding the claim rests with the Client. This requires a detailed knowledge of your Insurance policy, its warranties, endorsements, and exclusions – Bishop Insurance Services will have extensive knowledge in this regard.
The preparation of construction costs in respect of the repair or indeed demolition and complete reinstatement of a property requires specialist expertise. Bishop Insurance Services will use their experience and expertise to negotiate the best possible settlement with the Loss Adjuster.
HOW IS MY ACTUALL LOSS DETERMINED?
Bishop Insurance Services will undertake a detailed survey of the damaged property and detail the nature and extent of remedial works required. We will negotiate the best settlement on your behalf.
WHEN DO I RECEIVE PAYMENT IN RESPECT OF MY CLAIM?
You will receive payment 14 – 21 days after settlement is agreed on your behalf by your loss assessor. This in turn is dependent on the complexity of your claim and the timetable / schedule of the Loss Adjuster.
