PROFESSIONAL FEE RATES
Unless there is an exclusive fixed rate agreement, our Professional Fees are normally calculated on an hourly basis. The time spent in each file is accurately recorded and a detailed timesheet is always attached in each and every invoice. Our Loss Adjusting hourly rates are as follows:-
| Class | Rate per hour |
|---|---|
| Non-Marine | SR.600 |
| Marine | SR450 |
In certain cases more than one Loss Adjuster may be involved in handling a claim, if the second Adjuster is engaged in carrying out site survey, claim negotiating meetings and report writing his time will also be included in the charged fee. However, routine in-house discussion about cases among Loss Adjusters will not be included in the charged fee. Actual expenses incurred during handling of the files will also be included in the invoices separately. Standard expenses include but not limited to following:-
Travel
Hotel Accommodation
Telephone, Faxes
Courier and postage charges
Car-Parking
Lab analysis costs
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