Most homeowner and commercial property insurance policies include a provision commonly referred to as the appraisal clause. In Texas, these provisions typically enable either the insurance carrier or the insured to request appraisal where a dispute exists regarding the amount of loss or damage for a specific claim. Where appraisal is invoked by one side, the other side is typically required to hire an independent appraiser to represent the insured’s interest at the appraisal. Each side is generally responsible for the cost of their own appraisal. If the two appraisers agree on the amount of loss, the dispute is usually resolved without any additional steps. If the appraisers are unable to agree, an umpire must be appointed (by agreement or court order, if necessary) to resolve any remaining disputes between the appraisers. Generally speaking, each side is responsible for one-half of the cost for the umpire’s fee. While the insurance carrier may in some instances deny a claim following participation at appraisal, it is important that you obtain a qualified and experienced appraisal where such provision has been legitimately invoked, either by the insured or the carrier.
The Dallas insurance attorneys have advised and assisted many policyholders with claims involving appraisal. To speak with an experienced Dallas property claims insurance lawyer regarding your rights with respect to appraisal, contact the Dallas insurance claim attorneys of Smith Kendall, PLLC, at 214-361-6124.