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In 1986 a loss
adjuster, in the process of settling a household
burglary claim, found the client to be only half
insured. The client asked: “How is it that when I
took out this policy and I asked the insurance
company to send someone to value my stuff, they said
that they had no one that could do that, but now
when I have a claim, you are here telling me that
I’m underinsured?”
There really is not a ready answer to this oft'
asked question. People simply don’t understand why
their insurer will only value their goods when
there’s a claim. Thus was born the first specialist
domestic insurance valuer in the world - Qantam.
(as it was then constituted) |