Blog: Insurance Appraisal

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…

Homeowners with property damage from water, mold, roof leaks, wind,  or hurricanes, do not have to automatically accept the Florida insurance company’s payment offer. Many insurance policies in Florida have a provision which allows property owners to resolve their claim via a panel of insurance appraisers. Steven Venook, who works as an appraiser for property…

There are many times that insurance companies prefer to resolve the property damage claim through the use of an alternative dispute resolution method called Appraisal. The insurance companies often will send out a letter to their policy holder when there is a claim dispute in the amount of the damages, that the insurance company is…

If your insurance claim was denied full coverage on your property damage insurance claim unfortunately you probably do need an attorney. However, if your claim was underpaid or lowballed even if the Florida insurance company offered a settlement below your insurance claim deductible. You have another cost effect and quick option to get a fair…

Paul had a Hurricane Irma claim in West Beach that was grossly underpaid by Paul’s insurance company. Paul decided he wanted to try dispute resolution utilizing the appraisal clause of his insurance policy. Paul was referred to me to handle his appraisal. Paul had already hired an attorney to handle his claim and his attorney…

Most appraisal clauses found in Florida insurance policies apply to disputes over “the amount of loss or damage.” It is widely known that appraisals may not resolve disputes over the insurance coverage. However, there are times when the line between coverage and the amount of the loss is difficult to see. A frequent dispute seen…

A good independent insurance appraisal will save everyone time, headaches, and hassle—but here it is important to point out that not all insurance appraisers are created equal. And, given the important work they do, it’s imperative that policyholders find the best damage appraiser. Speed Appraisers should be fast, but also thorough; they need to meticulously…