Estimates and insurance expertise damage prevention

A prior analysis of any possible problems and risks a company may incur is one of the ancillary activities carried out by GARAperizie with the purpose of protecting the future of the insured company.

Unfortunately policy-holders don’t always have the required time and resources to perform a preventive RISK ASSESSMENT or rather a combination of evaluations and techniques that consider “risks” as the key element to guide the planning choices of a product or a service. A “risk” is the expected probability that in a “Company System” problems, misunderstandings, deficiencies may occur and damage people or property, or more generally, cause assets losses.

With this view, GARAperizie carries out a preventive risks analysis, by focusing above all on a technical expert evaluation of the policy intended as RISK TRANSFER element able to provide the right economic refund in the event of a claim which could damage the company assets.

THE ADDITIONAL AND PREVENTIVE SERVICES OF ANALYSIS OF THE POLICY CONTRACT OFFERED BY GARAperizie MAY BE OUTLINED AS FOLLOWS:

1. Proper estimate of insurable assets: if a proper evaluation of the assets and properties a company should insure is not performed, the risk is to incur in the application of the proportional rule (Art. 1907 of the Italian Civil Code); this means that in the event of a claim, the value of insured properties is higher than the assets declared in the insurance policy covering a wide range of land and buildings, plant and machinery and goods. In this case the insured will not be refunded for the total amount of the damage, but will receive a reduced compensation according to the relation between the insured assets and the value of the above mentioned items when the damage occurred. GARAperizie is able to indicate to the Client the correct values to be insured for a complete protection of all its assets;
2. Check of risk aggravation: when the insured assets described in the policy with certain physical properties and logistics skills do not match with the real characteristics found by the expert appointed by the insurance company during the checks carried out in the event of damage, the insurance company may express reservations as to final loss adjustment due to risk aggravation (Art. 1898 of the Italian Civil Code). This means that the insured could get a partial or no refund from the insurance. GARAperizie is able to find out and underline all these potential risks and avoid unpleasant situations in case of a claim;
3. Check of completeness and adequacy of insurance clauses: an insurance policy does not always contain the required coverage to protect the company from a wide range of claims that might damage it.

In this unlikely event the insured would have no insurance coverage at all with a serious and no refundable financial damage. Following a careful analysis of the company features, GARAperizie is able to find out any possible gap in the policy contract in order to proceed with the required additions and modifications to the insurance coverage.

GARAperizie possesses a long lasting experience in damages management and a deep knowledge of the insurance world to assess the suitability and completeness of your policy to allow you to better and calmly face your own future.