Following an insured loss e.g. fire, water, storm, flood, we will examine your insurance policies to determine what types of claims can be submitted to your insurance company. We then prepare, submit and negotiate your claim.
We handle many types of insurance losses, the most common being fire, storm, flood, burst pipes, burglary, and subsidence. We also prepare third party losses and consequential loss claims. We act for both households and businesses.
For household clients, we will report your claim to insurers on your behalf and request that a loss adjuster be appointed. We will meet with the loss adjuster at your house and agree a scope of repairs. We will prepare and cost a bill of quantities for building damage and lists of damaged household contents. We will undertake all negotiations with your Insurers and/or their appointed loss adjusters to ensure that you obtain the best possible settlement in the shortest time. We will never, however, accept any settlement offer without your approval. We work closely with our clients and keep them informed as to all developments.
For business clients, we will prepare and cost a bill of quantities for building damage and inventories for damaged goods and undertake all negotiations with Insurers to achieve the best possible settlement. In cases where business operations cease or are disrupted following a loss, we will advise and assist on how best to present your business interruption claim and restore your business to its pre-loss state as quickly as possible. We will also prepare consequential loss claims for businesses. Insurance on buildings and contents does not extend to include future profit. When a fire destroys a factory it not only deprives the company of the value of the factory but also takes away the chance of earning the profit which may have been earned had the factory not been destroyed. N.J. Carroll & Associates will prepare, submit and negotiate your consequential loss claim.
For both household and business clients we will handle all aspects of the insurance claim from first report to final settlement, a settlement that our clients will be happy with. Contact us to find out more.
It is very important for both households and businesses to ensure that they are adequately insured for any loss that may occur. We can review your current policy and ensure that you are adequately protected.
All too often following a large loss, companies realise that their buildings, plant and equipment, stock, or business interruption policies were totally inadequate to compensate them for the level of damage that occurred. Companies are in business to make profit - insurance is necessary to protect that profit. A Consequential Loss Policy protects the Gross Profit Figure as defined in the policy. Companies as far back as the late 1790's were aware of the importance of insuring business profits, however it was not until accounting records were kept in a more universal type fashion that this type of insurance fully developed.
Insurance on buildings and contents does not extend to include future profit. When a fire destroys a factory it not only deprives the company of the value of the factory but also takes away the chance of earning the profit which may have been earned had the factory not been destroyed. Always remember not all expenses cease following a fire - the standing costs continue as before and in actual fact, additional costs may be incurred.
Business Interruption policies provide compensation against potential losses. They provide protection against revenue losses that arise within the indemnity period as specified in the policy. Interruption Insurance is all about the intangible future earnings of a company.
In today's economy it is essential that a major loss such as a fire has the least possible effect on the eventual survival of a company. There are many factors outside the hands of management that can ruin a company. The best possible insurance protection against the effects of a major loss should be put in place, a consequential loss policy that is regularly reviewed in the light of trend, growth and development of a company. The company's Insurance Broker should also be kept fully informed as to the company's requirements.
It should never be a surprise to a company that they were not adequately insured in this entire area. Business in general operates within a sea of difficulties and problems - all possible safety lines should be well secured in the difficult waters that may be ahead.
To ensure that you have the appropriate cover with your insurance policy N.J. Carroll & Associates will review your current policy and evaluate it with regards to your actual needs. Contact us to find out more.
We work for Solicitors in the preparation of Insurance Claims to be submitted as part of pending legal proceedings. Our invaluable knowledge in the area of claims has been of enormous benefit in the preparation of law suits for the legal profession. We will also review claims that have been submitted to solicitor’s clients to check and validate the quantum aspect. Contact us to find out more.
We will carry out building surveys for purchasers of new properties. We will prepare Bills of Quantities and estimates for repair works. Contact us to find out more.
When you buy a new property, a snag list should be arranged at the completion stage, to outline the 'snags', small problems, or unfinished pieces of work that need to be completed before you complete the sale. N. J. Carroll & Associates will visit your new property and compile a comprehensive snag list on your behalf. Contact us to find out more.
We are regulated by the Central Bank of Ireland. Our Financial Regulator Certificate number is C41330.
Niall Carroll is a member of the Society of Chartered Surveyors and the Royal Institute of Chartered Surveyors. We are also a member of the Irish Claims Consultants Association.