The Appraisal Clause

If for any reason, you feel that the insurance company is acting in a way that is unfair though out the claims process, in most policies you have the option to invoke what is known as “Appraisal”. You the policy holder must invoke the appraisal process usually in writing to the carrier. The appraisal process demands that 3 parties investigate the claim and determine damages and the cost to repair. The policy holder must find a competent third party to represent their interests, this party must not have a fiduciary interest in the claim. The insurance company must select their own appraiser as well. These two appraisers must select a third party known as an umpire. The umpire will select one the appraisers estimates if the two appraisers cannot agree on the cost of the repairs, two out of the 3 must agree to award and to make the decision binding. Both parties are responsible for the cost of their appraisers and the umpire cost is split

NORTH END CONTRACTING OFFERS FREE STORM DAMAGE INSPECTIONS CALL 651-488-8605 OR WWW.NEROOF.COM CALL TODAY

Residential Roofing Services  ( GAF, OWENS CORNING, IKO, TAMKO)

Residential Siding Services    ( CERTIANTEED, PLYGEM MASTIC, LP SMARTSIDE )

OUR SERVICE AREAS INCLUDE THE TWIN CITIES METRO AREA

Minneapolis/St Paul/Eagan/Lake Elmo/Maplewood/Shoreview/Roseville/White Bear Lake/Stillwater/ Woodbury/WestStPaul/MendotaHeights/Burnsville/AppleValley/Bloomington/Edina/Plymouth/St Louis Park/Prior Lake/Chaska/Carver/Shakopee