Right of Appraisal Clause

 What is the “Right of Appraisal” Clause in Your Car Insurance Policy?

Many people aren’t aware that the initial insurance company estimate given to you after an accident is not the final word. Hidden within your insurance policy is something called the Appraisal Clause.

You Can Legally Dispute Your Insurance Company’s Appraisal

The Right of Appraisal Clause allows you, as a policy holder, to dispute the estimate provided by your insurance company. When the Appraisal Clause is evoked, both you and your insurance company each select an unbiased appraiser. These appraisers will go before an objective party, who will determine what amount is fair and reasonable.

They Are Required To Bring Your Vehicle to Pre-Accident Condition

What every consumer needs to realize is that all insurance policies stipulate that your vehicle is to be returned to pre-accident condition, with parts that equal to, or better than the parts being replaced. Often, the initial estimate your insurance company gives you doesn’t provide enough compensation to restore your vehicle to its pre-accident condition. Luckily, you’re not beholden to the mercy of this initial estimate, and the Appraisal Clause gives you an opportunity to receive the proper repairs you pay for and that your policy provides for.

If you have any questions about the Right to Appraisal Clause, or need any other assistance, contact us at (828) 734-4999 or click here to request more information.