What am I paying my premium for?

The most common question people ask when they are struggling with a claim: “What am I paying my premium for?”

True, there can be some exclusions, policy limits, and lots of small print, but if your home or business goes on fire you will be thankful you paid your premium.

However, that’s only the beginning. Insurers appoint expert loss adjusters, engineers and forensic investigators. Their initial remit is

a) to check for compliance with policy terms and conditions, specific endorsements or warranties

b) to check for any potential non-disclosure or mid-representation issues

c) to check if an insured event has caused the damage, and

d) to establish if there is any potential recovery prospect against any negligent party.

None of this is unusual but it can be daunting and fee like you are on trial or under interrogation.  If you want reassurance then contact Balcombes and we will help you with all the necessary paperwork and correspondence, giving yo peace of mind and leaving you free to get on with restoring your home or business.

Call Balcombes on 1800 506 700 for a free consultation.