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What Does The Appraiser Do For Me? |
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Obtains all documentation available on the claim in dispute
- Copy of the insurance companies estimate and policyholder's estimat.
- Compare each estimate to see if there are omissions or excesses.
- Obtain and review additional documentation that is pertinent to the claim.
Conducts a thorough inspection of the damaged property
- In most case, the inspection will be done with the opposing appraiser.
- During the meeting , we compare both estimates to see if there is omissions or excesses.
- Photographic documentation to support our findings and back our final dispute position.
Hires qualified professionals as required
- Engineers, building inspectors, or contractors for additional documentation to advise and support types of damage, materials need to repair and advise to why they require replacement.
- Assembles all the facts and figures and compiles the valuation assessment in a formal appraisal repor.
- Prepare a detailed report on findings b. Input into a recognized insurance estimating software to prepare revised costs.
Meets with Opposing Appraiser
- Discuss each party’s findings.
- Agee on settlement.
If our side and the opposing appraiser cannot come to an agreement
- We submit our findings and differences to the selected Insurance Appraisal Umpire.
- Meet with all parties.
- The umpire will decide on the settlement.
- Settlement is then authorized by two signatures of the agreeing parties.
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