Huge Grey Dash Major Loss services

Material Damage

Presenting your claim must be done in a clear and concise manner within the realms of your insurance policy wording. We recommend you start with a call to Major Loss. Our team of professional Loss Assessors will manage all aspects of the claim on your behalf.

Material Damage

Major Loss can help

Material damage insurance claims often arise from unexpected events that result in physical damage to property, equipment, or inventory. The claims process may involve site inspections, documentation of the damage, and gathering relevant information from the business owner. Policy terms and conditions will need to be reviewed to determine the scope of coverage. When a claim settlement is proposed it will take into account deductibles, policy limits and any applicable exclusions.
Most often in material damage claims, the insurer will ask the business to provide supporting documents such as repair estimates, invoices, and proof of ownership or value for damaged items.

Major Loss can help
Huge Grey Dash Your insurance claims partner

Common causes of Material Damage

Major Loss will review your insurance policy to assess what exactly you are covered for during a Material Damage claim. Here are the most common types of cover:

Perils Covered
This cover typically includes protection against a wide range of perils or events that can cause physical damage to property. This can include incidents such as fire, explosion, storm damage, water damage, theft, vandalism, and accidental damage.
Property Type
Cover can extend to various types of property within a commercial setting. This may include buildings, structures, machinery, equipment, inventory, stock, and other tangible assets. The policy may outline the specific categories of property covered and their respective coverage limits.
Replacement or Repair
The policy may specify whether it offers actual cash value (ACV) coverage, which takes into account depreciation, or replacement cost coverage, which reimburses the insured for the cost of replacing the damaged property with a new equivalent item.
Huge Grey Dash it’s our business to know your business

Why Choose Major Loss?

When your business has suffered substantial losses, knowing where to start with the insurance company 
can bring additional challenges. That’s where our service can be an invaluable resource. 
Major Loss has the expertise to guide businesses owners through the process and ensure that they receive the settlement they are entitled to under the terms and conditions of their policy.

Contacting our claims helpline gives you direct access to an insurance professional right from your first phone call. Once instructed, your dedicated Loss Assessor will work with your insurance company to ensure that all the necessary documentation is submitted and that the claim is processed efficiently. With Major Loss, businesses owners can focus on other elements of their business while their claim is being processed, confident that they are in good hands.

Qualified professionals
Major Loss features a team of highly qualified and experienced professionals with expertise in handling large commercial insurance claims. Our professional team understand the intricacies of commercial insurance and can help businesses navigate what is an often-complicated process.

Our team have a fantastic track record of commitment to our clients, receiving exceptional feedback time after time.
Dedicated Team
Major Loss features a team of highly qualified and experienced professionals with expertise in handling large commercial insurance claims. Our professional team understand the intricacies of commercial insurance and can help businesses navigate what is an often-complicated process.
Our team have a fantastic track record of commitment to our clients, receiving exceptional feedback time after time.
Communication
Transparency and communication are essential when it comes to making a large commercial insurance claim. Major Loss provides constant updates and communication throughout the claims process. This means that business owners are kept informed every step of the way, from the initial claim submission to the final settlement.

Regular updates ensure that business owners can make informed decisions about their operations while their claim is being processed.

The insurance claim process
with Major Loss

For urgent claims, call 0808 161 7021
Step 1
Initial consultation
Discuss our service and explain how we may be able to help your business
Step 2
Policy Liability
Present information to your insurer and show that your business has complied with the conditions in your policy
Step 3
Presenting the claim
Evidence your losses and negotiate with your insurer to get you the settlement that you are entitled to
Huge Grey Dash Your insurance claims partner

Numbers that speak for themselves

Validated results from over a hundred successful claims across the UK.

4.2/5
Trustpilot rating
116+
Claims handled
£50m
Settled for clients
8+
Years experience