When choosing appraisal to resolve an amount of loss dispute the most important step is finding an expert intimately knowledgeable of the appraisal process. This is your best opportunity for a fair and completed settlement. Competency and impartiality on part of the entire appraisal panel is of the utmost importance. 6060 Group has an entire team of appraisers and umpires skilled in insurance adjusting, construction estimating and negotiation. This has been achieved by decades of experience adjusting claims for insurance companies as well as decades of experience contracting, building, and managing construction projects. Our team has been involved in insurance claims across the country.
Our appraisers have a minimum 10 years experience in loss estimating.
The cost of appraisal is much less expensive than other means of resolution.
We feel resolution can be made in a non aggressive, productive manor
The majority of property insurance policies contain an appraisal clause provision located in the loss settlement section of the policy. Sample appraisal language is as follows:
“If you and we fail to agree on the amount of loss, either may demand an appraisal of the loss. In this event, each party will choose a competent and impartial appraiser within 20 days after receiving a written request from the other. The two appraisers will choose an umpire. If they cannot agree upon an umpire within 15 days, you or we may request that the choice be made by a judge of a court of record in the state where the “residence premises” is located. The appraisers will separately set the amount of loss. If the appraisers submit a written report of an agreement to us, the amount agreed upon will be the amount of loss. If they fail to agree, they will submit their differences to the umpire. A decision agreed to by any two will set the amount of loss.”
Help resolve disputes that arise between you and the insurance company
Will assess the amount of property loss and value of the loss
Are impartial throughout the process and will help come to a fair and equitable resolution
Should be implemented at the beginning of the appraisal process to ensure a fair and equitable claim
An insurance appraisal is used when there is a dispute as to the amount of loss on an insurance claim between the policyholder and the insurance company. The policyholder or the insurance company may invoke appraisal with written demand. The appraisal process is an opportunity to quickly and economically resolve disputed claim values resulting from wind, hail, fire, water, or other covered losses on residential or commercial properties.
The scope of repair from the insurance company or contractor is incomplete or limited.
The pricing that the insurance company offered is not sufficient to complete repairs
Damaged items are outside of common estimating methods.