Loss Adjuster Vs Loss Assessor, What do I need when my property is damaged?

Loss Adjuster Vs Loss Assessor, What do I need when my property is damaged?

By having a home insurance policy in place, you can rest assured that your property is covered in the event of an unexpected incident or damage. Home protection plans vary depending on the provider, so it’s important to research different options and find the right plan for you and your family. With the right coverage, you can minimise financial losses due to house insurance claims and have peace of mind knowing that your home is protected.

Loss Assessor / Loss Adjuster

Loss assessors and loss adjusters undertake differing roles when it comes to an insurance claim. While loss assessors are hired by policyholders to act on their behalf, loss adjusters are employed by insurers to represent them in the same process. Loss Assessors are qualified loss adjusters but represent the client and not the company. When it comes to a property, they are typically aware of the building specifications and are often quantity surveyors. 

Both the loss assessor and loss adjuster are hired by each respective client and therefore not independent as they have opposing financial interests to look out for. 

The Loss Assessor works to get the biggest reimbursement possible from the insurance provider, while the Loss Adjuster’s goal is to reduce or abstain from paying out claims on behalf of the insurance company.

  • Loss Assessors represent the property owner
  • Loss Adjusters represent the Insurance Company. 

How a qualified assessor can help you

A qualified loss assessor will handle every aspect of your claim process against the insurer and their loss adjusters. Loss assessors help with every stage of a claim made, starting with arriving at the property and providing an estimate of the damage to meeting and negotiating with the insurance brokers.

We understand that dealing with an escape of water or flood insurance claim can be a stressful and time consuming process. That’s why a loss assessor can make sure to take the hassle out of it so you can focus on other important things during this difficult time. They’ll monitor your case closely, keep you informed and make sure your experience is stress-free. You won’t have to waste time trying to deal with insurance companies’ call centres and filling out complicated claims documents.

Property Damage Loss Assessors

The process of submitting an insurance claim can be daunting, and understandably, many people may be deterred by the length of time & associated stress it may bring, but when you put your faith in us at Property Damage Loss Assessors, our experienced team will handle all negotiations with your insurer their representatives with your best interests in mind.Get in touch with us for all your Property Insurance Claims needs.

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