Appraisal Clause Auto Insurance
Businesses / Posted 4 weeks ago by ADR Claims / 11 views / New
An appraisal clause auto insurance serves as an effective method to resolve disputes between an insurer and a policyholder regarding vehicle damage or loss value. When disagreement arises about repair or replacement costs, each party selects an independent appraiser to assess the claim.
If both appraisers cannot agree, an impartial umpire determines the final value. This clause promotes fairness, accuracy, and transparency in handling claim settlements, ensuring both sides receive an unbiased and reasonable resolution for auto insurance disputes.
- Listing ID: 63644
- Country: USA
- City: Berkeley