Insurance Claims Appraisal
The Process for Disputing an Insurance Company's Valuation of Your Property Damage Claim
When policyholders and their insurance companies disagree on the amount of a property damage or other loss claim, they request an Appraisal, a method of Alternative Dispute Resolution that is set forth in the insurance policy. Both parties will pick an independent expert to examine the claim and determine a value, and that decision is binding (more from the IAUA).
Such was the case with this insurance claim for a wind-damaged roof in Frederick MD. The homeowners filed the claim on their own, and the insurance company made an initial offer of $1,800 to cover a "patch & plug" style repair. Knowing that this is wouldn't be enough, the homeowners wanted to dispute the offer. See below for how we helped.
Appraisal of Roof Damage Claim
How We Proved that this Roof Needed to be Replaced
Unfortunately it is common for insurance companies to approve only bare-minimum, "band-aid" style repairs for property damage claims. This is great for their profits, but really bad for homeowners and their properties. Fortunately, there is a process for disputing these offers. Our insurance claims assistance services help policyholders get the coverage they're legally entitled to. We invoked the Appraisal Clause of this homeowners' insurance policy and brought in a "disinterested and competent" expert to provide a valuation of the claim.
Appraisal Award: 600% increase, from $1800 to $12k
Our valuation and appraisal of the damage was so thorough that there was no room for the insurance company to dispute that this roof needed a total replacement. The two parties' appraisers agreed on twelve thousand dollars, and our clients were able to get their roof replaced.
We Help Property Owners Get the Insurance Money they Deserve
When insurance companies get away with only paying for small repairs, it's almost always because the policyholder just doesn't have the construction and insurance knowledge needed to properly challenge their valuation. If your home is damaged in any way, whether it is interior or exterior damage from wind, rain, floods, storms, etc. contact us for a free inspection and consultation. We'll help you get what you deserve.
Our Service Area
We serve the entire south-central Pennsylvania and Northern Maryland areas including all towns and zip codes in the following counties:
- Cumberland, Lancaster, York & Adams Counties in Pennsylvania
- Frederick, Baltimore & Carroll Counties in Maryland