COMING SOON! RD18 - Complete Understanding Of The Right Of Appraisal (Robert McDorman, Auto Claim Specialists)

Complete Understanding Of The Right Of Appraisal

Robert McDorman, Auto Claim Specialists

Understanding the right of the appraisal process and how best to implement the process into your business. The spirit of the appraisal clause is to resolve loss disputes fairly and to do so in a timely and cost-effective manner. The invoking of the appraisal clause by the insured removes the inexperienced and biased carrier appraisers and claims handlers from the process, undermining their management’s many tricks to undervalue the loss settlement and under-indemnify the insured. Through the appraisal clause, loss disputes can be resolved relatively quickly, economically, equitably, and amicably by unbiased, experienced, and independent third-party appraisers as opposed to more costly and time-consuming methods, such as mediation, arbitration, and litigation.

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