The Right to Appraisal

WHAT TO DO WHEN AN INSURANCE COMPANY WILL NOT APPRAISE Insurance companies can be stubborn and refuse to appraise the scope of a loss.  In my experience, there are three reasons for this position: The insurer claims no event occurred that could cause damage (i.e., no...

Interest on Appraisal Awards

Insured property owners may be entitled to interest on appraisal awards.  It is wise for property owners to know of this potential recovery when negotiating an adjustment and considering whether to demand an appraisal. The right to interest is typically found in state...

The Duty to Mitigate

THE DUTY TO MITIGATE Nearly every insurance policy has a duty to mitigate clause.  An insured property owner is obligated to mitigate damage before it becomes worse.  It is important to understand the principle behind the duty to mitigate and its scope when facing an...