Auto Insurance Appraisal Clause
The world of auto insurance is quite complex. Between extensive policy documentation, industry jargon, and other complex aspects, it is easy to get overwhelmed, especially when you’ve been in an accident and are filing a claim. Things can go from bad to worse if your insurer doesn’t accept the damage valuation and fails to reimburse you for your loss.
However, most car insurance documents have an appraisal clause designed to help parties reach a settlement when there is a dispute regarding the damage valuation. The appraisal clause proceedings can be initiated over the following conditions:
Dispute over the amount it will take to repair your motor vehicle to its pre-damage condition.
There is a dispute over the value of your vehicle during total loss claim cases.
You can find the auto insurance appraisal clause in your policy document’s “Damage to Your Auto” section. To invoke the clause, inform your insurer that you cannot reach a settlement for the damage and your intention of invoking the clause.
So, where does Jared’s Auto Appraisal come into the picture during the process? Let’s find out.
Selecting the Right Appraiser
During the appraisal clause process, each party will select a competent appraiser of their choice to assess the loss. It is important to choose a qualified and experienced appraiser with extensive valuation and damage assessment knowledge.
They should also be familiar with the subject of the dispute and how to handle the appraisal clause process. It is important to be objective and impartial in the process. Plus, your chosen appraiser must not work with the insurer you’re disputing with to avoid any conflicts of interest.
Why Choose Jared’s Auto Appraisal?
We have extensive experience and expertise in handling complex valuation claims. With over 18 years of experience, our diminished value and ACV settlement services have helped many customers receive fair and adequate compensation for their losses. With us, you can expect utmost transparency throughout the process.
We work with utmost objectivity and impartiality to ensure you receive an accurate and unbiased assessment. Our trained and certified damage appraisers have handled various issues and are well-versed in assessing damage and post-collision. We are experienced in handling auto insurance appraisal clauses cases and understand the process’s intricacies.
We are a cut above the rest in dealing with our extensive clientele. Our world-class services, combined with an extremely personalized approach, have helped us build an impeccable reputation in the entire insurance industry. We will provide holistic and personalized auto damage estimates, which are accepted by most major insurance companies across the country.
We leave no stone unturned in helping our customers with their damage valuation needs and will go above and beyond to ensure that you receive a comprehensive valuation that is acceptable to all parties. Our comprehensive suite of services is affordable, flexible, and quite comprehensive.
Get in touch with the expert at Jared’s auto appraisal for a robust valuation.