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Common Estimating Disagreements Between Appraisers
Even experienced, well qualified appraisers can reach different figures when evaluating the same loss, and understanding some of the common sources of these disagreements can provide helpful context for anyone going through the appraisal process. Scope of work is...Browse the full Resources Index
Matching Requirements and How They Come Up in Appraisal
Matching refers to the challenge of repairing a damaged portion of a property, such as roofing, siding, or flooring, in a way that reasonably matches the undamaged portions that remain, and it is a common issue that comes up in property insurance appraisals. When...Browse the full Resources Index
How Building Code Upgrade Requirements Affect an Appraisal
Building codes change over time, and when a property is repaired after a covered loss, current code requirements can sometimes require upgrades beyond simply restoring the property to its prior condition. This can become a relevant factor in an appraisal. Many...Browse the full Resources Index
Understanding Overhead and Profit in Repair Estimates
Overhead and profit are terms that frequently appear in repair estimates, and understanding what they represent can help clarify why they are often included as part of a repair cost calculation. Overhead generally refers to a contractor’s ongoing business...Browse the full Resources Index