Occasionally there is a disagreement on the valuation of a property insurance claim. Parties involved, adjusters, and homeowners can incorrectly believe the only way to settle the difference is through the court system. While the courts have their place, the costly and time-consuming process should not be the first step in resolving differences. Your insurance policy offers an Appraisal Process as a method of Alternative Dispute Resolution.
Either the insured or the insurance company can utilize this method to resolve the differences in valuation. Having a qualified Appraiser review your position and estimates will help you determine your options.
