123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Insurance >> View Article

Does Building Collapse Gets Proper Coverage?

By Author: Claimmakers
Total Articles: 25

For some reason your home, rental complex or building collapses, you may think “No worries” as you have got insurance. But is it so easy to get the insurance amount? Unfortunately, Coverage has many other internal contexts that the claimant is also not aware of while buying an insurance and this is where an insurance assessor comes into the picture.

When it comes to building collapse, the extent of the coverage depends on the language of the policy. A recent case involved a home that was getting a third-floor addition. It had all the legal permissions and work was going on a smooth way, until one day the foundation cracked and displaced a brick wall, leaving large gaps in existing mortar. This happened as the contractor compromised with the integrity of the home. The home was clearly unfit for occupancy, but the court noted that no wall had fallen. The policy had the additional term that if the building “remained standing” then it would not be covered under the policy. Thus, the claimant did not receive a single penny in this case.

Here the case gives the example of the power of the written word. In this way, there are many such terms and conditions where we usually ignore while buying an insurance.Insurance companies are always looking ways to make a profit and here an insurance assessor or a loss assessor can only help you when the insurance company denies coverage. The insurance assessor takes up such complex cases where coverage is either denied or the claimant is unable to file the insurance claim by himself.

An insurance assessor from claimmakers.co.uk very minutely review the entire details, visit the site, take witness interviews, calculate the loss and value of the property and submit it to the insurance company for a fair claim. Proper guidelines are followed by the insurance assessors as they fight on behalf of you with the insurance company. The loss assessors would also negotiate on your behalf so that you get the amount you deserve.

Many claimants would feel as their case is clear and have all the terms covered as per the policy and they approach the insurance company directly, but most of the time get the settlement offer below expectation. The main job of loss assessor is to provide strong evidence that would support your claim and justify why your claim amount needs to be improvised. The best part is loss assessors are paid by the policyholder only after the claim amount is received.

For more details, visit https://claimmakers.co.uk

Total Views: 76Word Count: 430See All articles From Author

Insurance Articles

1. Things To Consider When Starting Your Own Music Studio
Author: Michel Jordan

2. Staggering Significance Of Availing The Services Of Retirement Financial Planners
Author: Paul

3. How To Purchase A Good Piccolo Insurance That Matches Your Needs?
Author: Joseph White

4. Why To Opt For The Policies National Insurance Company Limited Has On Offer?
Author: Rahul Kumar

5. Tips To Choose A Good Music Dealer Insurance
Author: Victor Johnson

6. Effective Tips To Get Highly Beneficial Life Insurance Policies In Abroad
Author: Alzbeta Berka

7. Iim Calcutta Alumni Association Announces A Start-up Competition
Author: Anurag David

8. Overlooked Sources Of Annuity Sales Leads|financial Advisors In Us Ca
Author: Senior Leads

9. How To Choose The Best Violin Strings For Your Instrument?
Author: Michel Jordan

10. What Is The Difference Between Investment Management And Wealth Management?
Author: Mike McKale

11. What Things To Look For Before Investing In A Clarinet
Author: Joseph White

12. More Or Less Workers, Can You Get Workers Compensation Insurance In Fort Myers
Author: John Perry Insurance

13. What To Know About Insurance In The State Of Florida
Author: John Perry Insurance

14. Branding Yourself: A Waste Of Money For Small Business And Solopreneurs | Financial Advisor Leads
Author: Senior Leads

15. Tsc Direct Issues Uninsured Motorist Coverage
Author: Allen Solomon

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: