Negotiating an insurance settlement is not something to be taken lightly. After Les Expertises LMS has thoroughly and very meticulously analyzed each of the clauses of your insurance contract, our experts will work to document and pursue all losses covered by your policy and negotiate the corresponding settlement with your insurer. This step is called the settlement of the claim. And it is infinitely necessary for you to get off to a good start!
Negotiation is based on your insurance policy, the damage assessment and the supporting documents in your file. It involves explaining the amounts claimed, reviewing differences with the insurer’s offer and presenting the evidence supporting your claim.
That’s why our claims adjusters are appreciated by so many customers! They have 65 years of experience and have adequately settled hundreds and hundreds of complex cases, such as claims with clients that are companies or institutional authorities, but also individual or commercial real estate cases. Les Expertises LMS is a perfect negotiator and mediator. Our team will represent you in pursuing the amounts claimed under your policy and following up on your file, while maintaining professional discussions with your insurer. Settlement amounts and timelines depend on the circumstances of the claim. However, our experts may contest an insurance settlement if they consider it insufficient or incorrect.
How does settlement negotiation work?
- Review the insurer’s offer and the explanations provided;
- compare the proposed amounts with the documented damage and policy coverage;
- present the supporting documents and arguments for the issues under discussion;
- follow up on discussions and explain the proposals received to help you make an informed decision.
Thus, our claims adjusters have the expertise to assess all the damage suffered by your facilities, as well as the operating loss of your business. They will visit the site of the disaster if they deem it necessary in order to assess the cost of reconstruction, for example, the cost of replacement materials or those required for emergency work. Be assured that Les Expertises LMS will prepare the best claim possible for you, with professionalism, diligence and respect. They will then negotiate with the financial services of your insurance company to negotiate any compensation due to you.
A well-prepared file helps present the issues to be negotiated. Explore our insurance policy analysis, damage assessment and claim preparation services to understand how these steps work together.
Whether a disaster has occurred due to fire, ice or oil damage, a tornado or a hurricane, it’s always a bad time to go through. But you can reduce the impact as much as possible by letting Les Expertises LMS manage your insurance payment. They are the experts par excellence! By entrusting us with your file, you can then focus on other urgent tasks made necessary by the disaster. Receive the compensation that is due to you and that will get you off to a good start!
Contact us today! It will be the best decision you have ever made.
Have you already received a settlement offer?
To discuss your claim with LMS, gather the offer, your insurance policy, available assessments and key correspondence with your insurer. These documents will help us understand the issues under discussion and determine what assistance may be appropriate for your situation.
Does your claim involve fire damage? Visit our page about assistance with fire insurance claims in Quebec.
Covered losses and LMS fees
We work to document and pursue all losses covered by your insurance policy. Compensation depends on the coverage, terms and limits that apply to your claim.
The initial consultation is free. If you retain us, LMS’s fees are deducted from the insurance settlement paid at the end of the settlement process, as set out in the written engagement agreement. You are responsible for these fees. Take time to understand the services included and the payment terms before signing.
In past claims handled by LMS, additional settlement amounts obtained have offset our fees. Results vary from case to case; this outcome is not a guarantee for your claim.
Questions about discussions with your insurer
The offer seems insufficient. What should I prepare to discuss it?
Gather the offer and the assessments supporting it, then identify the items you would like reviewed. A difference in amounts is easier to discuss when linked to specific damage, documents or assumptions rather than a general estimate.
What can affect how long the process takes?
The nature of the loss, available information, necessary assessments and outstanding questions may affect the process. The timeline of another claim cannot predict the timeline of yours.
Can I get advice after discussions have already started?
Share the current correspondence, offers received and any documents already signed. This helps assess what assistance may be possible in your circumstances and under the proposed mandate.