Marine Claims Insurance AdjusterLicensed and Bonded Los Angeles Property Damage Claims Adjuster
Best Marine Claims Adjuster
The hassle of dealing with a marine claim is stressful to say the least. Here at Adjuster Pro Inc., we know how to properly handle damage claims. We strive to be the best public insurance adjuster, that can quickly come to you, to scope on the damage done, then work for you to get you a larger settlement from your insurance company. We help get you the right amount of money you need to get your property back up the way it was in the beginning.
Marine insurance basically covers the loss or damage of your vessel, cargo, and goods that have been damaged in-route on a vessel, as well as several other related items. A typical marine claim features two types of loss. The terms are used to help differentiate the degree of evidence where a vessel or cargo has been lost. An actual total loss is when the insured property is completely destroyed or damaged so much that the cost to recover or repair it is more than its value. This typically is an indicator that you will get the maximum settlement possible, as in the terms of the policy. In the event of an actual total loss, the insured person is not required to give the insurer notice of abandonment, (for example, the surrender of all rights, title and interest), for the insured property in return for the sum which it is insured for.
A public adjuster is a licensed and bonded specialist who works hard for you and assists with your claim. Typically, insurance companies work hand-in-hand with the public insurance adjusters. Together they are able to get your claim processed quicker and more accurately. The public adjuster is someone who works directly with you, instead of you having to deal with your insurance company; they are the middle-man, in a way. The public adjuster is similar to a lawyer in the sense that they do not get paid unless you get paid.
Why would you Hire a Marine Claims Adjuster?
Sometimes there are issues with the interpretation of your insurance policy, and that is why people use public adjusters to help clarify and take charge of the situation. Just as in any type of insurance claim, marine claims need to be files immediately. Waiting can delay, or even disqualify you for from compensation. There are two ways you can report a marine claim. The first one is to contact your agent, adjuster, or broker. This individual will then take action in immediately contacting the ACE Marine Claims of the incident. You can also directly contact the ACE Marine Claims center using the toll-free number: 800-945-7461. Any claims documents can be sent by mail to: ACE USA Claims, PO Box 5117, Scranton, PA 18505-0547.
Some of the information you need for your marine claim would be the policy number, date/time/location of loss, where the loss happened, and a description of the loss and photos of the damage. There are several different types of marine claims and insurance policies. Cargo, hull, liability and freight insurance are all types of marine claims. Cargo insurance is basically insurance for the cargo, or contents, of the ship when disaster occurs. Hull insurance covers the torso and hull of the ship, along with all the pieces of furniture inside. Liability insurance works just like is does with auto liability insurance: it is coverage in the event where compensation is sought when a vessel crashes/hits another ship and causes damages. Freight insurance protects the corporations who might lose money in the event the freight is damaged.
Marine claim insurance policies which include the following:
- Voyage Policy – valid for only a certain voyage
- Time Policy – valid for a specific time period
- Mixed Policy – combines time and voyage policies
- Open or Unvalued Policy– value of cargo/consignment not decided beforehand, so reimbursement occurs after loss of cargo and consignment is inspected/valued
- Valued Policy– value of cargo/consignment IS decided beforehand, so reimbursement is already documented from before when a loss of cargo and consignment occurs
- Port Risk Policy – covers damage or losses that occur when the ship is at the port
- Wager policy – no fixed terms of reimbursements
- Floating Policy – only amount of claim is specified and other details are left out until the ship leaves