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Loss Assessor
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If, through misfortune, you have to make a claim on your home contents or buildings insurance, a loss assessor will work for you to put a value on the damage caused and present your case for compensation to the insurance company.
The argument for using one is that as professionals they know how to get what you're due and to prevent an insurance company from taking advantage of you (not that they would!)
In short a loss assessor is on your side, while a loss adjuster is working for the insurer.
See Also: Mortgage Centre and Mortgage comparison Service for the latest facts and figures.
Last Updated: November 2007 © Moneyextra.com
Our senior editor Robin Amlôt recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.
