Determination of the value of property or the extent of damage by impartial experts. Many property insurance policies provide for “appraisals” where the company and the insured cannot agree on the amount or the extent of a loss.
Determination of the value of property or the extent of damage by impartial experts. Many property insurance policies provide for “appraisals” where the company and the insured cannot agree on the amount or the extent of a loss.