Huge 10K saving on Laser Cutter After Fire Damage
Key Facts
- The insured had reported a laser cutter which had been damaged in a fire
- CATS were asked for a settlement figure
- Involving the CATS team allowed a 50% saving on initial claim value
CATS have over 20 years of experience in the inspection, repair and replacement of laser cutters. If you have a laser cutter claim then instruct us today.
The Claim
The insured had suffered accidental fire damage to a commercial V-460 Laser Cutter. Insurers were happy that the unit was beyond economic repair (BER). CATS were asked to provide a settlement figure on an indemnity basis, which was calculated according to our validation schedule.
The Resolution
The claim was cash settled at CATS replacement price. For a small £30 fee, the CATS consultancy teams expertise enabled them to save the insurers £11,500, equivalent to a 50% saving on this claim.