Risk & Insurance.
WHY NOT MANAGE CLAIMS LIKE YOU MANAGE FUEL – AN EXPENSE TO BE PRESERVED AND CONTROLLED- NO MORE NO LESS.
Are you paying too much for your insurance premiums?
Are your insurers too passive when defending fraudulent personal injury claims?
If your answer is YES to either of these questions, the answer may be to assume control of your overall claims cost by organising a pre-set insurance deductible or excess.
THIS AVOIDS OVER-INSURANCE OR OVER-EXPOSURE!
Effectively, you become self-insured as the large majority of all personal injury claims are worth less than £15,000. This approach allows you to assume control of your claims record and influence litigation issued against you. The large bus operators adopted this innovative approach to claims several years ago. Backhouse Jones, since inception of the concept, have advised PCV and LGV operators on best practice and have defended claims issued against operators.
This approach minimises inefficiency and creates a self-perpetuating commercial advantage by avoiding over-insurance and/or over-exposure. If you are interested in this concept and would like to recieve our Personal Injury Newsletter, please contact: