LMI Group have been appointed to carry out the claim preparation for both material damage and business interruption insurance claims for several businesses affected by a major fire in Bond Street, Mordialloc overnight. Initial estimates place the losses at well over $3 million.

The first calls were received on LMI Group’s after hours emergency claims service number 0423 LMI Claims (0423 564 252).

In the case of one neighbour, the owner was grateful that he accepted his broker’s advice not to reduce his business interruption insurance cover as a cost saving exercise due to the recession. If he had, he may well have not had the cover to ensure his business’s survival.

Another of the unfortunate victims of this fire had recently had a claim prepared and a good settlement achieved on their behalf by LMI Group, and so they were anxious to have the same team look after them again.

The size and strength of LMI Group is such that the company was able to free up the same team who were familiar with this client and yet still handle the large number of bushfire claims currently being attended to.

LMI Group wishes all affected businesses a quick and full recovery.