Call us now for a Free, No-obligation discussion about appraisal. (409) 781-0270
Your trusted expert in Texas Property Claim Appraisals
Navigating The Insurance Appraisal Process
Your trusted expert in Texas Property Claim Appraisals
What is Insurance Appraisal?
Our Expertise
Insurance appraisal for property claims is a process outlined in many insurance policies to resolve disputes about the value of a damage claim.
Here's how it works:
- Disagreement on Value: If you and your insurance company can't agree on how much your damaged property is worth (repair cost or replacement cost), you can invoke the appraisal clause in your policy.
- Dual Appraisers: Both you and the insurance company hire independent appraisers with expertise in property damage and valuation. These appraisers examine the damage, research costs, and consider depreciation.
- Reaching an Agreement: Ideally, the two appraisers will reach a mutual agreement on the value of the claim.
- Neutral Umpire (Optional): If the appraisers can't agree, they may choose a neutral umpire to break the tie. The umpire's decision, along with one of the appraisers' valuations, becomes the final settlement amount.
Essentially, the appraisal process provides a neutral way to determine the fair value of your damaged property when negotiations with your insurer stall.
About Perfect Claim
Accurate, Fair, and Independent
An insurance property claim appraiser is a qualified professional who steps in to assess the value of property damage when a homeowner and their insurance company can't agree on a settlement amount. Their expertise lies in meticulously evaluating the damage, using their knowledge of construction, repair costs, and current market values to determine a fair and accurate cost for repairs or replacement. This often involves inspecting the property, researching materials and labor costs, and considering factors like depreciation. I will leverage my 18 years of experience to establish a timely, fair, and equitable settlement of all claim related damages.
I have handled hundreds of appraisals for insureds, public adjusters, contractors, attorneys, and insurance companies. Currently, the appraisal process takes approximately 60-90 days (exceptions apply) and costs start at about $1000, but may approach $3000 on a residential wind/hail claim if an umpire is needed to resolve any disputes between the two appraisers. The appraisal process is relatively unknown; but, its costs are significantly less than attorney fees, which are typically 30-40% of the entire claim value. Appraisal is a binding claim resolution for both the insured and insurance company.
Contact Us
Free Property Claim Review!
We are happy to provide a free, no-obligation review of your claim to let you know if we can be of any assistance with your claim. If we can't help you, we have an entire network of fully vetted contractors, attorneys, and public adjusters ready to help!
Perfect Claim, Inc. is ready to serve you. . .
320 Van Ostrand Lane, Stowell, Texas 77665, United States
Phone - (409) 781-0270 Email - Jay@theperfectclaim.com TX Adjuster Lic 1393245 Texas PIA Lic 2993126 NPN 8828935
Hours
We are a full service firm available 24/7 to service all of your insurance claim needs. Call or Text 409.781.0270 for assistance.
