by Russ Lis | Jun 28, 2026 | Insurance Carrier Perspective
The appraisal process is generally designed to support fair claims handling by providing a structured, neutral way to resolve genuine disagreements over the dollar amount of a covered loss. Because both the policyholder and the carrier have the right to invoke...
by Russ Lis | Jun 26, 2026 | Insurance Carrier Perspective
Insurance carriers regularly work with independent appraisers as part of the appraisal process, and understanding this relationship can help clarify how the process is generally intended to function. An independent appraiser selected by a carrier is still...
by Russ Lis | Jun 25, 2026 | Documentation, Evidence, and Estimating
Depreciation is one of the more consistently misunderstood pieces of a property insurance claim, and it comes up often in appraisal. At its core, depreciation reflects the idea that a building component loses value over time as it ages and is used, and that a claim...
by Russ Lis | Jun 24, 2026 | Insurance Carrier Perspective
Reserves generally refer to the funds an insurance carrier sets aside to cover the estimated cost of an open claim, and managing these reserves appropriately during an ongoing appraisal is a routine part of the carrier’s internal claims process. While a...
by Russ Lis | Jun 22, 2026 | Insurance Carrier Perspective
When an insurance carrier is party to an appraisal, it generally follows a similar process to a policyholder in selecting its own appraiser, choosing someone qualified and disinterested to represent an independent evaluation of the loss. Carriers often look for...
