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Is an Appraisal Award Legally Binding
A common question people ask before starting the appraisal process is whether the outcome will actually be enforceable, or whether either side can simply walk away from a result they do not like. Understanding how binding an appraisal award typically is can help set...Browse the full Resources Index
What Happens After an Appraisal Award Is Issued
Once an appraisal award is reached, agreed to by any two of the three participants in the process, many people wonder what actually happens next. While the specifics can vary by policy and by state, there are some general patterns worth understanding. The...Browse the full Resources Index
Who Can Invoke Appraisal, the Policyholder or the Insurer
One of the more common questions about the appraisal process is who actually has the right to start it. The answer depends on the specific policy, but in many property insurance policies, either the policyholder or the insurance company can invoke appraisal when they...Browse the full Resources Index