Insurance Appraisal

When property owners find themselves facing damages from an insured peril, the process of rebuilding is only part of the task at hand. Generally speaking, the first step in the process of restoring a loss is to value the damages and agree to the amount of loss covered by insurance. What sounds simple enough is often the most complex and time consuming aspect of the job and when insurance companies and property owners fail to agree on the value of a loss, INSURANCE APPRAISAL is a process by which the conflict can often be resolved quickly and efficiently without the expense and delays of litigation.

The Appraisal Provision contained in many policies state that “If you and we fail to agree on the amount of loss, either party can demand that the amount of the loss be set by appraisal.” Essentially, a party to the policy makes a written demand for appraisal and each party appoints an appraiser. The two appraisers then select an umpire or have one appointed by the court. The appraisers then set the amount of the loss. If the appraisers fail to agree within a reasonable time, they shall submit their differences to the umpire who makes a decision based on the merits of the Appraisers’ positions. A written agreement signed by any two of the three establishes the amount of the loss. It’s easiest to think of Appraisal as a binding sort of mediation.
Text for Why Highpointe in Insurance Appraisal:

Highpointe DBR, LLC specializes in Insurance Restoration and provides Insurance Appraisal and Umpire Services. Highpointe is a member of the “Wind Insurance Network” and Highpointe’s President and principal owner, Halley S. Lovato, is a WIND certified Umpire with tens of millions of dollars worth or restoration construction projects completed and a proven track record of Appraisal and Damage Valuation experience.

From 24 hour emergency services to the most complex historical or commercial restoration, Highpointe’s professional team is ready to help.