Understanding Fee Structures: Harris Balcombe's Approach to Compensation

Navigating the complexities of an insurance claim can be a daunting task, especially when faced with uncertainties about fee structures. At Harris Balcombe, we believe in transparency and empowering our clients with clear information. One of the common questions we encounter is, "Do you take a percentage of my entitlement or settlement?"

In this blog post, we'll explore our fee options, shedding light on how our models cater to diverse needs and preferences.

At Harris Balcombe, we recognise that every client's situation is unique. To accommodate various preferences and circumstances, we offer a Zero % Model for those who choose to utilise all of our support services to handle their domestic or commercial property claims. Under this model, our services can be delivered with no direct cost to you. Here's how it works:

Alternatively, we understand that some clients may prefer to use their contractors or receive a cash settlement to reinstate their properties independently. In such cases, we offer the Percentage of Claim Value model, where our fees are based on a percentage of the value of the claim, plus VAT. Here's an overview of how this model operates:

Even when faced with the prospect of paying for a loss assessor's services, the investment can often be a strategic decision with substantial returns. The expertise and advocacy that a loss assessor brings to the table can significantly outweigh the associated costs. Their thorough understanding of insurance policies, claims procedures, and negotiation tactics empowers policyholders to navigate the complex landscape of insurance claims with confidence.

A loss assessor acts as a dedicated advocate, ensuring that you receive fair compensation and that your rights are upheld throughout the process. In situations where disputes arise, their ability to negotiate with the insurance company on your behalf can be instrumental in achieving a favourable resolution.

The guidance and support provided by a loss assessor can ultimately result in a more streamlined and efficient claims process, minimising stress and maximising your entitlement, making the investment in their services a prudent choice for policyholders seeking optimal outcomes.

At Harris Balcombe, our commitment to transparency extends to our fee structures. Whether you opt for the Zero % Model, where the insurance company covers the costs of contractors and surveyors, or the Percentage of Claim Value model, which allows for flexibility and involvement in the claims process, our goal is to cater to your unique needs. We understand that each client's circumstances are distinct, and our diverse fee options reflect our dedication to providing personalised and accessible solutions.

If you have questions about our fee structures or need assistance with an insurance claim, don't hesitate to reach out to Harris Balcombe. We are here to guide you through the claims process, offering expertise, transparency, and support every step of the way