Loss adjuster came the other week and was pretty straight forward, only now certain valuations have been passed off to IVAL.
Have done some reading and most of it is not good, low spec replacements offered, comet vouchers etc...
It takes me months to decide when I buy tech kit, be that laptops, cameras etc... not looking for the promptest replacement, I want the quality that I paid for in the first place.
Has any one had any dealings with IVAL? and what were they like to deal with.
Also heard that they source through companies that give them a discount although the value off the claim value is full price. e.g. they source a laptop for £750 and then knock the RRP off the claim value so looks like they spent £1000.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Loss adjusters
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Loss adjusters"
Collapse
-
Originally posted by Scrag Meister View PostWe've sent all the receipts we could find with the original paperwork.
Imagine recruitment agents without the integrity but with numeracy skills.
Leave a comment:
-
Originally posted by Platypus View PostI 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 still remember my car getting its front suspension and 1 tyre destroyed by some loon. The loss adjusters said the old tyre was 50% worn so they took £35 off a £3500 claim!
Leave a comment:
-
Originally posted by Old Greg View PostHave receipts / proof of purchase and evidence of replacement costs ready in a neat folder. Treat it as a business meeting.
Leave a comment:
-
Originally posted by Scrag Meister View PostAs I feared.
Financial Ombudsman then if I think they are just looking to dump their responsibilities.
Leave a comment:
-
Originally posted by Paddy View PostBasically the loss adjuster is you enemy and you will have to fight him for every penny.
Financial Ombudsman then if I think they are just looking to dump their responsibilities.
Leave a comment:
-
Originally posted by Scrag Meister View PostMore 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.
Leave a comment:
-
If they are being sent by the insurance company it is a safe bet they are not there in your interests!
Leave a comment:
-
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)
Leave a comment:
-
Originally posted by Old Greg View PostThey 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.
Leave a comment:
-
Originally posted by Scrag Meister View PostMore 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?
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.
Leave a comment:
-
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.....
Leave a comment:
-
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.Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: