An appraisal provision in an insurance policy constitutes an agreement for contractual arbitration. Appraisal hearings are a form of arbitration and are generally subject to rules governing arbitration. The function of appraisers is to determine the amount of damage resulting you are entitled to for property damage. It is not the function of an appraiser to resolve questions of insurance coverage in your policy.
Don’t let your insurance company deny your claim based on an appraiser’s interpretation of coverage under your policy. When the insurance company wrongfully denies insurance benefits based on an appraisers interpretation of your policy you may have a valid right to sue your insurance company for damages for your losses.
Call us today for your free consultation with a partner. No recovery. No Fee.