If a business has attempted to claim from their insurer and had the claim denied, can Stratton Richards still help?

If you feel that your insurer has unfairly refused to pay out under the terms of your policy, our panel of solicitors will give you the option of bringing legal action against them. This may force the insurer to re-evaluate their position and decide to pay the policy.

We are happy to be able to offer a free assessment of your insurance policy, if eligible to claim the solicitor will act on your behalf on a ‘No Win, No Fee’ basis.

 

No Win, No Fee is a term used to describe an agreement between a Solicitor and a Claimant. It states that in this instance, the Claimant cannot be charged if their Business Interruption insurance claim is unsuccessful.

However, if your case is successful the solicitor may take up to 25% of the compensation awarded, although this will be subject to your individual circumstances and the actual fee may be more or less than this.

In some circumstances the solicitor may wish to insure the case with an “after the event” insurance policy, this will be done on a case by case basis. If you terminate the agreement with your solicitor outside of the ‘cooling off’ period or before the case is concluded you may be charged for the work done on your behalf. The charges are calculated on a hourly rate. The hourly rate may differ according to the geographical location and experience of the solicitor.