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A Terrible Storm? Not If You Work In Insurance

The climate of Great Britain is temperate maritime; our weather is affected primarily by the oceans that surround us, specifically the Atlantic. We may get the warm wet winds carried by the Gulf Stream, or the colder North Atlantic air whipping down from around Iceland.

The upshot of all this of course is wind…and rain…rain and wind; prompting the weatherperson’s mantra: tightly packed isobars. The weathermen and women of course are not the only people to carefully watch the movement of these weather systems. For farmers they may threaten livelihood, for sailors and fishermen they can threaten life.

Another less obvious profession however is also paying close attention to developing situations over the Atlantic Ocean: the insurance loss adjuster. The frequency with which storms and high winds batter the UK mainland means a lot of damage to buildings – and a lot of insurance claims.

Because of this, some insurance contracts are shrewdly worded to avoid liability, something of which most are unaware. Frequently, claims will only be accepted if the official meteorological criteria which defines a ‘storm’ are met. One fundamental criterion is the presence of Force 10 winds, as measured by the Beaufort Scale. When intense weather arrives on the UK mainland, an essential responsibility of the loss adjuster will be to study local and national weather information. If this data cannot produce evidence of a storm but merely ‘severe gales’ then, despite your home and business being damaged, you may well find you the loss adjusters informing you that your claim is not valid.

The loss adjusters are essentially able to manipulate data, and their knowledge of the small print of insurance contracts, to evade liability for multiple claims. If you are forced to make a storm damage insurance claim, it is advisable to consider the services of a loss assessor.

A loss assessor is essentially the counterpart to the adjuster, an insurance professional who works exclusively for the insurance claimant. The loss assessor’s fee will be an agreed percentage of the final payout and this is almost certain to be absorbed by the increase they will negotiate on your behalf. The assessor essentially takes charge of every stage of the insurance claims method, will understand exactly how to proceed and will have knowledge of everything for which you may be entitled to claim. The real impact that the decision to appoint an assessor is likely to induce however, will be the psychological message received in the mind of the loss adjuster, who suddenly realises he or she is facing a worthy opponent. When this happens they tend to settle swiftly, moving on to easier pickings elsewhere.

For more information on how a loss assessor can take the pain out of an insurance claim, look at the TrumanAssociates website.

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