How We Work

Appraisal

Appraisal is an ADR or Alternative Dispute Resolution provided in 99% of home and commercial insurance policies. Appraisal is a provision available to the insured and or the insurer to utilize in the event that there is a dispute between the two parties in the dollar amount of insurable loss. This effectively gives the policy holder some leverage as the original insurance adjusters and people involved in the claim are now removed from the equation. This also allows the claim to have two new and impartial people reviewing the loss, one representing you, the insured and one representing the carrier, these people are called appraisers. These two new appraisers are now part of what is known as the appraisal panel. There will be a third member of this panel called an umpire. The two appraisers are charged with selecting and agreeing on this umpire. The umpire will help resolve any differences in the amount of the loss if the two appraisers come to an impasse.