Insurance Umpire Services to Resolve Claim Disputes
Insurance appraisal is a binding alternative dispute resolution process that typically involves two independent appraisers who evaluate the claim, compare notes, and come to an agreement. When a disagreement arises between the property owner’s appraiser and the insurance company’s appraiser, an impartial umpire is suggested and agreed upon by both appraisers.
Umpires Are:
- Competent in loss adjusting and construction
- Responsible for assessing the amount of a property loss or value of a property
- Tasked with making a binding decision if and when two appraisers are unable to agree.
- Best utilized when appointed at the beginning of the appraisal process.
Stephen Hnat Public Adjuster, has the insurance knowledge and construction background to be a compantant umpire who understand that the umpire act is an impartial way and decides on the facts that are present to him in by the appraisers from both the insured and the insuror.