Insurance Claim Appraisal Services
THE PUBLIC ADJUSTERS EXCLUSIVELY FOR COMMERCIAL & MULTIFAMILY POLICYHOLDERS
THE PUBLIC ADJUSTERS EXCLUSIVELY FOR COMMERCIAL & MULTIFAMILY POLICYHOLDERS
Maximum Recovery, Minimum Time
DISAGREE AS TO THE VALUE OR THE AMOUNT OF YOUR INSURANCE CLAIM LOSS? APPRAISAL COULD BE THE MOST REASONABLE ALTERNATIVE TO A LAWSUIT…
– Do you have a dispute over “Repair” vs “Replacement”?
– Have you received funds or a settlement offer on your property damage insurance claim that you believe has been underpaid?
– Do you believe your damage warrants full replacement, but your insurance company just wants to repair it?
– Do you have damage, but your insurance company disagrees?
– Does it seem like your claim has “stalled out”?
– Has your claim been “denied” because your insurance company claims your damage is less than your deductible?
Appraisal – If the insured and the insurance company fail to agree on the actual cash value or loss, each shall select a competent and disinterested appraiser on either’s written request. This will review the claim value and policy coverage.
When appraisal is invoked, the impartial appraisers select a competent and disinterested umpire; if the two appraisers cannot mutually agree on an umpire, then, at the request of the insured or the insurance company, the umpire can be selected by a judge of a court of record in the state in which the property covered is located.
Appraisal Proceedings in Texas and the rest of the US
Appraisal proceedings are informal unless the insured and this company mutually agree otherwise. “Informal” means that no formal discovery shall be conducted, including depositions, interrogatories, requests for admission, or other forms of formal civil discovery, no formal rules of evidence shall be applied, and no court reporter shall be used for the proceedings.
Each appraiser then assesses the loss, separately stating each item’s actual cash value and loss. If they cannot agree, the umpire shall resolve their differences only. An award in writing, so itemized, of any two filed with the insurance company shall determine the amount of actual cash value and loss.
Each appraiser shall be paid by the party selecting him or her, and the expenses of appraisal and umpire shall be paid by the parties equally.
Our successful experience as a commercial property insurance appraisal provider settling disputes for policyholders through the appraisal process is second to none. Over 10 years of commercial and residential construction and insurance adjusting experience in wind, hail, fire, vandalism, water loss, contents, and business interruption appraisals. Whether your disagreement is an apartment complex, condominium, retail center, office or medical building, or your primary residence, a few appraisal award results show our successful results.
Let Insurance Claim Recovery Support put its experience in adjusting, estimating, and appraising over $50 million in property insurance claims for policyholders to deliver the results you deserve. Our working knowledge and experience in commercial properties’ appraisal process help reduce the time necessary to complete the appraisal process. As a result, you can get back to business soon.
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