What happens if there is a disagreement in the appraisal process?

When there is a disagreement in the appraisal process, the appraisers must enlist the help of an umpire. This procedure is established to ensure fairness and impartiality in resolving disputes regarding the value of the loss. In the context of insurance claims, each party typically selects their own appraiser. If these appraisers cannot agree on the value, they bring in a neutral umpire to make a binding decision on the matter. This helps facilitate a resolution without the need for lengthy court proceedings and is a common practice within the insurance industry for resolving appraisal disputes.