When to Consider the Insurance Appraisal Process
During the claim adjustment process, you may find yourself at odds with your insurance company over the value of your property damage. In these situations, invoking your policy’s appraisal clause can be a powerful solution. This legal and binding process requires strategic planning and careful consideration. As experienced public adjusters, we can explain your rights and options as a policyholder.
Professional Insurance Appraisal Services
Stephen Hnat Public Adjuster provides expert insurance appraisal services for homeowners and businesses involved in disputes with their insurance companies. Our services cover all types of insured losses, ensuring you receive fair valuation for your claim.
How the Insurance Appraisal Process Works
The appraisal process follows a structured procedure:
- Independent Appraisers: You select an independent insurance appraiser to determine the value and scope of your claim, while your insurance company hires their own appraiser.
- Neutral Umpire Selection: Both appraisers jointly select a neutral umpire who acts as an impartial judge in the process.
- Claim Evaluation: Each appraiser conducts an independent assessment of the damage and necessary repairs.
- Resolution Process: When appraisers agree on values, those amounts become binding. For items where they disagree, the neutral umpire makes the final determination.
- Binding Decision: The final award, once signed by any two of the three parties (your appraiser, the insurance company’s appraiser, or the umpire), becomes legally binding.
Our Insurance Appraisal Process at a Glance
- Analyze – We thoroughly examine all claim-related materials and supporting documentation
- Investigate – We conduct comprehensive damage assessments using advanced infrared technology and specialized claim tools
- Develop – We create detailed damage assessments and repair estimates based on our investigation findings
- Consult – We collaborate with contractors, engineers, and other professionals to strengthen our claim presentation
- Act – We serve as your dedicated insurance appraiser, presenting compelling evidence to secure fair compensation
Experienced Insurance Appraisers at Your Service
At Stephen Hnat & Associates, we regularly work with independent Insurance Adjusters and Property Damage Appraisers who represent insurance companies. Our passionate commitment to protecting your rights throughout the appraisal process helps maximize your claim settlement. Contact us today to start resolving your insurance dispute.
Benefits of Professional Appraisal Services
- Expert Representation: Our experienced appraisers understand insurance policy language and proper damage valuation
- Level Playing Field: Balance the expertise your insurance company brings to the table
- Cost-Effective: Often less expensive than litigation while still achieving fair results
- Faster Resolution: Typically resolves disputes more quickly than court proceedings
When to Consider Appraisal
The appraisal clause is most effective when:
- Your insurance company has accepted coverage but disputes the claim amount
- There are significant differences in repair estimates
- Negotiations have reached an impasse
- You want to avoid lengthy litigation
Contact Stephen Hnat Public Adjuster today to learn if the insurance appraisal process is right for your claim dispute.