Want To Know What A Public Loss Assessor Is?
A loss assessor will work for the policyholder and are independent, so they work to ensure that the policy holder receives their full entitlement, utilising the small print of the insurance in order to make sure that the damage is fully compensated.
They often work on a no win, no fee basis, so if the policyholder does not have a claim then they do not pay. However, they do take a small fee from the policyholder and it is in their best interests to ensure that the pay-out is high. The more the policyholder is paid, the higher a figure they can take based on a percentage. If you wait too late for their service, they will not be able to help you - the insurer’s small print may stop them from doing so.