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Tag: appraisal clause

Colorado Insurance Appraisal Clause: The Amount of The Loss

Posted by on in Opinion

This articles discuss specific concerns regarding misinterpretation of the Appraisal Clause in Colorado.  The questions is whether appraisers and umpires should be restricted from discussing depreciation within the appraisal clause function. Our opinion is that any amount beyond the amount…

The Appraisal Clause

Posted by on in Independent Insurance Adjusting, Insurance Claim Handling

The appraisal clause is designed to be a simple and low cost form of mediation in the event of a disagreement on the value of damages; generally limited to property claims.  Much like mediation, there are few written rules governing…

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