We received a $366,000 TP recovery claim on this earthmoving equipment which had reportedly suffered a lightning strike event.
In this case study, we examine a claim involving a Caterpillar 336 Excavator in Queensland, valued at approximately $350,000.
We received a claim on this machine which had suffered internal hydraulic system damage, resulting in the contamination and failure of the system.
The initial repair cost presented was in excess of $200,000.00.
A comprehensive inspection with an ARC Assessing Equipment Specialist
Following our inspection with adjustments leaving an assessed repair cost of $129,000.00, we revealed evidence that the unit suffered a hydraulic system contamination event before the insured purchased the unit less than a year earlier.
Therefore, the selling dealer was deemed responsible for the full repair costs.
A zero dollar cost to the insurer and zero dollar cost to the client and a saving of over $200,000.
If you’re chasing wins and results like these for your clients, don’t hesitate to contact the team at ARC on 1300 280 141 or send us an email at claims@arcassessing.com.au.
We received a $366,000 TP recovery claim on this earthmoving equipment which had reportedly suffered a lightning strike event.
The repair estimate received with this lightning strike claim, due to a severe weather event, was just over $130,000.
We received a claim on this unit which had suffered an operator error event, resulting in impact damage to its cabin and boom.
