Appraisal and Umpire Services

Appraisal and Umpire Services

During the annual WINDstorm Insurance Conference, January 19 through 22, 2015, in New Orleans, LA, I received certifications as both an Appraiser and Umpire.  Whereas a Public Adjuster advocates, advises and assists directly on behalf of the insured, Appraisers and Umpires are part of the non-litigation valuation dispute resolution process contained within most policies.  Almost all property insurance policies contain language which allows appraisal to be the preferred method of valuation dispute resolution.  Once demanded by either party, in this process the insured chooses an independent appraiser, the insurance company also chooses one and each then choose an impartial and competent umpire.  In short, once two of the three parties agree, the valuation is set.  In many sates this is a binding process.  In some it is not.

Choosing an appraiser, like any professional, is an extremely important decision as the results could affect your claim recovery without recourse.  We can not more strongly recommend choosing an appraiser in consultation with another advocate professional who has vetted possible candidates. Your public adjuster and/or your attorney may be able to best guide and assist you.  These candidates should possess industry related certifications to evidence their experience and knowledge.

A WIND Certified Appraiser® is one who has successfully completed the four-hour class WIND Certified Appraiser Course, agrees to abide by the WIND Appraiser Code of Ethics®, and maintains active and current membership with WIND.

With the WIND Certified Appraiser designation, in conjunction with several other professional certifications, I feel I am better able to “add value to the claims process” and assist those policyholders who avail themselves of this important and valuable policy provision.

 

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