Appraisal

Appraisal is an option that provides a method to resolve claim disputes concerning the value or scope of damage in a property loss. However, appraisal is not required to be offered by the insurance company and may not be available to you.

To determine if appraisal is an option available to you, check to see if there is an appraisal clause in your insurance policy or contact your insurance company directly to request this option.

Depending on the policy language, you or your insurance company may be required to participate in appraisal if either party requests it. 

If you and your insurance company agree to participate in appraisal, you nor your insurance company will be able to participate in mediation later. 

The results of the appraisal are final and both you and your insurance company must comply with the terms of the appraisal including any settlement awards. 

You or your insurance company may request appraisal if your policy includes it as an option. 

Requirements and guidance on invoking and participating in appraisal are outlined in your insurance policy. 

There are two appraisers. One appraiser will represent you and one appraiser will represent your insurance company. Each party pays for its own appraiser. The appraiser may charge a percentage of the amount you are awarded or may charge a set dollar amount for services rendered. The cost of the umpire, if needed, and other expenses of the appraisal are divided between you and your insurance company equally.

1-800-237-9858 ext. 101