As a policyholder, you have the right to an unbiased and fair appraisal process in the event of an insurance claim dispute. The appraisal panel, made up of two appraisers and a neutral umpire, is responsible for determining the amount of loss, and actual cash value (ACV), and assessing the loss incurred by each party. However, what happens if one of the parties interjects their opinions, positions, or information, potentially tainting the process and affecting the outcome?It is not appropriate for any of the parties involved in the appraisal process to interfere with or bias the result of the appraisal. Any attempt to influence the appraisal panel can taint the process and create a conflict of interest, potentially affecting the outcome. Professional appraisers and umpires are expected to maintain the highest level of integrity, and any violation of their responsibilities can result in a legal dispute or an unsuccessful appraisal.
If the insured party suspects that any of the disputant parties are interfering with the appraisal process, they should contact the appraisal panel and/or their legal representation immediately. Depending on the state where the risk is located, the insured party may have legal recourse through their state’s insurance laws or regulations. One possible course of action could be to make a formal complaint to the Department of Insurance in the state where the loss occurred. The Department of Insurance should investigate the matter and take appropriate action to ensure that the appraisal process remains impartial and unbiased. Additionally, the insured party may have legal remedies under the policy itself, which they should discuss with their legal representation. A legal professional can review the policy language and advise the insured party of their legal rights and obligations.
Overall, the appraisal process is an impartial and unbiased mechanism to resolve insurance claim disputes. Any attempt to interfere with or bias the process can result in an unsuccessful appraisal and legal consequences for the interfering party. Policyholders should seek legal advice if they suspect any interference with the appraisal process.