|
jml
Insurance associate helps 36 property flood damage property owners in Birmingham
Released 22nd
May 2009 Summary:
Neil Cook
of Kay International who works with jml insurance has sucessfully helped 36 property
owners in Birmingham who have suffered severe
flood damage Flooded
property insurance expert Neil Cook of Kay
International plc has helped the 36 property owners of a private
housing estate near Birmingham which suffered substantial flood damage in the
July 2007 Floods Although
after a battle with the existing insurers they did get an alternate quotation
of nearing £15,000 which was doubled from the previous year, in addition to which
the flood excess was £10,000 which was not acceptable to the various mortgage
lenders so in truth as well as the anguish faced by the home owners clearing up
after the flood damage they were put in a situation whereby the premiums were
a struggle and the Flood
Excess made the properties Unmortgagable and unsellable. Neil
Cook saved the day by getting an in principle quotation within moments and this
was accepted by the Directors of the Residents Association. The premium was in
fact just over half with a sensible acceptable flood excess.. With a Guarantee
that the cover will transfer to any new buyer is the only broker to offer this
guarantee. Please
do remember that if your residential or commercial property suffered flood damage,
whilst the Government insisted the existing insurers should continue cover after
a flood. No one has discussed the full terms to be offered, inevitably, yes cover
is provided. But the premiums vastly increases with high flood excesses and they
don't normally expect cover to pass to the buyer so in truth you will be left
with a worthless property. Neil
Cook said " So do not fear it is still worth asking for an alternate quotation
as the insurer who handled the flood claim owes you no loyalty do not be forced
into paying a vast premium after a flood claim no matter how large the amount
of the claim" The
same criteria also applies to properties that have suffered subsidence or have
been underpinned. Neil Cook can be contacted via dedicated link with Kay International
at the jml insurance website www.jml-insurance.co.uk
Ends... Company
Information jml
Insurance.co.uk is part of jml
Property Services, the trading name of Jeffrey
Milner Ltd. The company is an UK based
company that was established in 1979. jml insurance acts as an introducer for
insurance companies selling property insurance including landlord and tenant rental
products, pet insurance like Animal Friends Insurance, wedding insurance, motor
insurance, car hire excess insurance, travel insurance and non standard insurance
products. They also operate jmlvillas.com
an online marketing service for owners of holiday home property to advertise and
are part of the jml
Group that includes jml
Training and Consultancy. ©
jml Property Services May 2009 See
also: Flood
Risk Warning from HomeLet Landlord and Tenant Insurance - March 2012 Insurance
companies offering flood insurance cover - February 2012 Insurance
bill for October 2011 floods in Ireland reaches €127 million - February 2012 
Flood
Insurance - Questions and Answers - November 2011 More
flooding in the South of France kills 3 - November 2011 Flooding
causes chaos in Dublin - Ireland - October 2011 Flood
Risk Home Insurance - October 2011 Chippen
Campden flood letter - October 2011 Flooding
in Goole east Yorkshire - August 2011 Flood
damaged Property Insurance might soon be needed again - July 2011 Problem
property building and contents insurance solved in high risk flood area post code
Zone - July 2011 Flooding
Memphis as Mississipi River crested 48ft in USA - May 2011 A
testimonial for flood cover insurance - April 2011 Flood
victims in Cumbria may not be able to get insurance cover - March 2011 Insurance
premium increases after claim for flooding - January 2011 Flood
Victims - January 2011 Mary
Dhonau resigns from the National Flood Forum - December 2010 Councillor
wants to build houses in flood risk area in Clare County Ireland - December 2010 
Drying
Flooded Buildings -DCLG December 2010
UK
flood damage costs up 200% - November 2010 Double
Whammy for Flood Victims - November 2010 Flood
Line Action Groups – Help is here - October 2010 Insurance
expert helps a lady in Ulverston, Cumbria - October 2010 NEWHOPE
Insurance information for ex-offenders & those with a criminal conviction
____________________ 
____________________
Flood
Insurance Products March 2011 - a selection of flood defence products - Click
on logo below for more information
____________________
See
also:
Drying
Flooded Buildings -DCLG November 2010 UK
flood damage costs up 200% - November 2010 Policy
holders face the backlash of the floods - June 2010 ABI
calls for flood defences spending to help boost economy - November 2008
Return
to jml insurance Press Releases See
Also Insurance
Industry Press Releases -2008 Insurance
Industry Press Releases 2001 -2007 Independent
insurance Articles jml
villas.com Press Releases jml
villas.com / euro-rentavilla.com Media Coverage jml
Training and Consultancy Press Releases 
| 
