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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…

Whether going to court is better than claim appraisal depends on the specific circumstances and the parties involved. Here are some factors to consider: 1. The Complexity of the Claim: If the claim is straightforward and the damages are relatively small, going to court may not be necessary. Insurance claim appraisal can provide a quicker…

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…

Many insurance policies have an appraisal clause that can be used to resolve insurance claim disputes. The policy holder and the insurance company each get their own appraiser. the two appraisers agree on an umpire. The appraisers each separately appraise the loss and if the two appraisers can not reach an agreement in the amount…

Was your insurance claim underpaid? Are you tired of living in a damaged home? Making daily calls to your insurance company and the Insurance Company is not returning your telephone calls? Stop the frustration right now! Stop waiting on your insurance company and be proactive! There may be recourse to be able to get a…

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…

It is a financial benefit for insurance companies to delay your claim and try to wear you out. Many books have been written on this very topic. Dealing with an insurance claim is a complicated process, that is often very time consuming. If you are like most people, this might be the first or second…

You might be surprised to learn that Florida has no licensing law that governs insurance claim appraisal. Appraisal is used for residential and commercial insurance claims when there is a dispute in the amount of property damages. Appraisals have been used to value small residential claim disputes for only $5000 or $10,000 and large commercial…

Under the new Florida Law starting Jul 1, 2021, if your property damage insurance claim was underpaid or lowballed by your Florida insurance company?  There are a whole new set of complicated rules and procedures that have just been enacted. The Florida insurance company has 90 days to initially settle your claim. After the first…

Starting July 1, 2021 a new Florida law changes the way attorneys get paid to help with insurance claims. Under the old law if an attorney could get $1.00 more from the insurance companies for handling your insurance claim. The Florida attorney was almost guaranteed to get paid their attorney legal fees and costs. The…