We received a $366,000 TP recovery claim on this earthmoving equipment which had reportedly suffered a lightning strike event.
This case study highlights how we successfully managed a claim for a JCB 542-70 Telehandler in Victoria, initially facing a repair estimate of over $174,000 due to operator error.
We received a claim on this unit which had suffered an operator error event, resulting in impact damage to its cabin and boom. The repairer initially had presented costs in excess of $174,000.00, with a minimum repair timeframe of approximately three months.
A comprehensive inspection with an ARC Assessing Equipment Specialist
After our inspection and review, and consulting with a mechanical engineer who provided a report confirming our findings, we agreed on a repair cost of just over $50,000.00.
Both the insured and the repairer agreed with our findings.
The unit was returned to the insured in a much shorter timeframe, allowing it to continue generating income for their business and the insurer saved over 70%, amounting to $124,000.00, on the repair costs.
If you’re chasing wins and results like these for your clients, don’t hesitate to contact the team at ARC Assessing 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.