Flood Damage ClaimsFisher Scoggins Waters' team has successfully acted for commercial clients across the country in flood damage claims, insurance indemnity disputes and recovery actions following escapes of water. Burst water pipes and river banks are the most common but quite often water damage is caused by less dramatic failures such as poor property maintenance, defective workmanship and defective products. Activated sprinklers can cause catastrophic losses to computer software and hardware, stock, plant and machinery damage, all of which are vital components which allow continued commercial trading. Our experience and current flood damage claims includes:
We can advise on policy coverage, and interim funding, liaise with loss adjusters and negotiate claims to ensure delays in returning to business are kept to a minimum. We advise on business interruption coverage. For situations such as those seen in Cumbria where towns were entirely closed due to flood water, questions are raised as to coverage. We can advise you on coverage issues. Business interruption losses which flow from an insured peril (i.e. flood). Accurate loss sustained measurements can be one of the most complicated and contentious elements of a claim to measure and settle. We instruct and work with forensic accountants to analyse initial business interruption loss reserves, calculating actual loss sustained, loss of production and/or sales, advice on mitigation and expediting expenses. Our team has expertise in relation to property policies covering damage to property caused named perils and understand issues arising under such policies, including policy construction and the full range of conditions (conditions precedents) and policy exceptions for example notification, wilful default and fraudulent claims. If you would like more information on how Fisher Scoggins Waters could make a difference to your Water or Flood Damage dispute, please contact us by telephone 0207 993 6917 or email Charlotte Waters
Contact Us
|

