You Have Every Right To An Appraisal
Tulsa Appraisal Clause
As the policyholder, you have every right to invoke an appraisal clause when there is a disagreement.
It is common for insurance companies to offer a small amount of money to repair your property after an accident. Most people accept this amount without question, as they do not know the extent of damage and are grateful for the money.
By exchanging the money for the repair bill, you are effectively admitting fault on the part of the insurance company. In these situations, it is best to invoke the appraisal clause so that an appraiser can evaluate the true value of the damages.
Invoking an appraisal clause is a common way to resolve a dispute. In these cases, both parties must choose an appraiser. The appraiser should have expertise in the area of the dispute and must be unbiased. They should not be working for the insurance company. If you invoke the appraisal clause, both parties must pay for the same professional. This will help to ensure that the appraisers are both fair and impartial.
Invoking An Appraisal Clause
The appraisal clause is a legal term in auto insurance contracts. It is an important clause that should be understood when you buy a car.
The appraiser’s evaluation of the car’s value must be higher than 25% of the fair market retail value.
Let the vehicle appraisers at Collision Safety Consultants Of Oklahoma be your appraiser for your clause.