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What Are the Positive Aspects of Insurance Claim Appraisals?

There are several positive aspects to claim appraisal for both insurance companies and policyholders: 1. Objective Evaluation Insurance claim appraisal provides an objective assessment of the extent of damage or loss. Insurance appraisers, whether employed by the insurance company or independent professionals, typically have expertise in assessing damages and determining fair values. This helps ensure…

Can Public Adjusters Handle Insurance Claim Appraisals?

Yes, in certain situations, public adjusters can perform appraisal services. While the role of a public adjuster typically involves advocating for the policyholder’s interests during the claims process, some public adjusters may also have the qualifications and expertise to act as appraisers. In cases where there is a dispute between the policyholder and the insurance…

Warning: Florida Insurance Guarantee Association Do Not Pay Legal Fees

The Florida Insurance Guaranty Association (FIGA), created by legislation, handles the claims of insolvent Florida property and casualty insurance companies. FIGA is made up of all Florida licensed direct writers of property and/or Casualty Insurance Companies. Surplus lines insurance companies are not eligible to be members of FIGA. Florida has recently had five insurance carriers declared…