We provide Insurance Appraisal Services throughout Tennessee (TN), including the below counties and cities:
If you need insurance claims help for property damage in TN (Tennessee) that is a result of fire; water, flood, wind, hail, snow, hurricane, or tornado feel free to visit our services page for a list and description of how we can assist you.
Independent Appraiser And The Insurance Appraisal Clause May Be A TN Policyholder's Last Chance For A Fair Claim Settlement!
G. Batts owns a two-story house in East Nashville, Tennessee (TN). On April 16, 1998, her house was substantially damaged when a severe windstorm and accompanying tornado tore its way through Nashville causing sever damage. Ms. Batts notified Merrimack Mutual Fire Insurance Company (“Merrimack”), her homeowners casualty insurance company, that the tornado had damaged five bedrooms, the living room, a bathroom, a hallway, two porches, some fencing, and at least one outbuilding.
Although Merrimack’s policy stated fairly prompt settlement of claims, Ms. Batts and Merrimack could not agree on the amount of loss caused by the storm. A dispute on the amount to repair the damages insured. The policy anticipated and provided a procedure for resolving just this type of impasse and dispute. Tennessee (TN) property policies include a state statute called "Appraisal." This policy actually stated:
If you and we fail to agree on the amount of loss, either may demand an appraisal of the loss. In this event, each party will choose a competent appraiser within 20 days after receiving a written request from the other. The two appraisers will choose an umpire. If they cannot agree upon an umpire within 15 days, you or we may request that the choice be made by a judge of a court of record in the state where the “residence premises” is located. The appraisers will separately set the amount of loss. If the appraisers submit a written report of an agreement to us, the amount agreed upon will be the amount of loss. If they fail to agree, they will submit their differences to the umpire. A decision agreed to by any two will set the amount of loss.
In late June 1998, Ms. Batts demanded Appraisal per her policy and retained an independent appraiser. In turn, Merrimack retained an independent appraiser as well.
Mrs Batts appraiser generated a loss estimate of $121,116.75. His appraisal estimate covered repairs that included; replacing the hardwood floors, replacing windows, re-doing walls and ceilings, resetting bathroom fixtures, leveling the front porch, and replacing the chimneys, a sidewalk, and a paved driveway. This appraisal estimate of damages differed greatly from Merrimack's appraiser who determined the damages to be $11,475.28 after deducting for depreciation. This exorbinant difference between the two appraisers’ amount of loss cause an impasse that would require the services of the umpire.
In the end the umpire sided with Mrs. Batts appraiser and signed an award in favor of the insured. This is yet another case where the policyholders (whether homeowners or business owners) of Tennessee (TN) were protected by the STATE STATUTE of Appraisal.
In closing, if you believe that you have not been treated fairly with the amount needed to repair or replace your damaged property, Tennessee (TN) policyholders can turn to the little clause buried deep within the insurance policy. By no you are aware that this clause is called "APPRAISAL." The Insurance Appraisal Clause allows the parties involved in the dispute to settle their differences without litigation and for a much lower cost than hiring attorneys. It is very similar to arbitration.
This appraisal clause calls for an impartial, competent, and unbiased Appraisal Umpire that works with two independent appraisers. The three get together to review and settle the differences between the estimates and damages. The Appraisal Umpire is the tie-breaker that allows Tennessee (TN) policyholders to obtain a fair claim settlement. Being that the Appraisal Umpire has absolutely no interest in the outcome of the dispute, it concludes with a decision based solely on the facts presented to them by the appraisers.
Independent Insurance Appraisers TN - County:
| Hamilton County
| Morgan County
Van Buren County
Independent Insurance Appraisers TN - City:
Colonial Heights, TN
East Brainerd, TN
East Ridge, TN
Green Hill, TN
Jefferson City, TN
Johnson City, TN
La Follette, TN
La Vergne, TN
Lenoir City, TN
Middle Valley, TN
Mount Juliet, TN
Oak Ridge, TN
Red Bank, TN
Signal Mountain, TN
South Cleveland, TN
Spring Hill, TN
Union City, TN
White House, TN
Insurance Appraisal Services Is What We Do!
Insurance Claims Group, Inc. exceeds in their knowledge of the insurance appraisal process in Tennessee (TN), are experts in insurance appraisal services, and is available to represent the facts of the loss on your behalf. To execute the job as an Independent Insurance Appraiser in TN properly, not only should one be educated in the appraisal process, but one should also be qualified to review the differences between the two parties. Our extensive experience with construction, building repairs, and building materials used in Tennessee (TN), and insurance appraisal services qualifies us as a choice above all. We have extensive knowledge of Xactimate and MSB IntegriClaim. We are capable of reading and understanding the unit costs these estimating software's provide and work with the Appraisal Panel to determine a realistic amount of loss for all Tennessee (TN) insurance claims.
Insurance Appraisal Services We Provide!
Step one of our insurance appraisal services is to obtain as much documentation that is available on the claim being disputed. We will collect a copy of the insurance companies estimate, the policyholder's estimate, as well as any other documentation that is available. We will vigorously review and inspect each estimate line-by-line for discrepancies.
The insurance appraisal services process will continue with a complete and thorough inspection of the property that has been damaged. This thorough inspection will be conducted, room by room, and piece by piece (or any remaining parts). We will conduct this inspection with the two different estimates that are being disputed. With these estimates in-hand during our inspection we can determine if one estimate has missed items to be addressed and/or if the other is excessive.
Our insurance appraisal services inspection will include 50 to 300 photos (depending on the size of the loss and extent of damage). These photos will prove and support our findings. The photos will be taken in a manner that supports our position of whether items can be saved or will require replacement. The photos will also show cause and affect damages. Yes, the bricks on the exterior of a home or building may not appear damaged. However, if the sheathing/plywood behind the brick is smoked and damp - the bricks will require removal to access other repairs.
Some rooms or even an entire building may be damaged beyond recognition. In these cases our insurance appraisal service will include an interview process with the owners of the property to confirm room layouts, types of wall and floor finishes, electrical items, cabinetry, and more. This type of questions and answer session will paint a clear picture of the TRUE value of the damages. The proper value of the claim depends on it's accuracy.
All the data collected from our insurance appraisal services will then be programmed into the Xactimate estimating software. Xactimate configures and displays the data in the exact format that the insurance companies require. Line by line, piece by piece, the exact square feet of drywall, paint, wallpaper, carpet, etc., will be calculated for a real and accurate cost to settle the claim. In fact, Xactimate is used by more than 70% of insurance companies.
Any items that are in question will be reviewed by our group of engineers, building inspectors, or contractors as additional documentation to support the true repairs. Foundations, brick, support beans, electrical may require removal and may not meet current building codes. These professionals can advise on ways to keep these types of materials or why they will require replacement.
After all this has been completed we will meet with the other parties appraiser and discuss each others findings. In some cases an agreement cannot be reached between the two appraisers. In the event this happens, the two appraisers will submit their differences to the Insurance Appraisal Umpire. (For more information about the appraisal umpire and what their job is in the process, visit here.)
Hire ICG, Inc. As Your Independent Appraiser In TN
Please call (919-669-9111) or Email Us to discuss your insurance appraisal services needs. If we agree to be your insurance claim appraiser you must formally advise the other party (insurance company or policyholder) that we will be acting in your behalf. To appoint us as your appraiser we'd like to make this process as easy as possible; below are copies of two letters depending on your current situation. Choose the letter that is correct for your current situation.
Please Note: The letters are for homeowners, contractors, PA's or attorneys; as insurance companies already know the process of how to invoke the appraisal clause.
- Option ONE: If your insurance company has sent you a letter invoking appraisal and you need to reply to the letter naming your own insurance claim appraiser - then you need to download and open our Insurance Appraisal Clause Reply Letter. This document will advise the insurance company that you accept their intent to invoke the appraisal clause. The letter has been pre-written to name Joe Brennan of Insurance Claims Group, Inc. as your insurance appraiser. Open the document and fill in your personal information. Once the form is complete it should be sent to the insurance company via certified mail!
- Option TWO: If you disagree with your insurance companies analysis of your claim and you wish to invoke the insurance appraisal clause yourself - then you need a letter advising the insurance company that you wish to forward your claims dispute to the appraisal process. Download our Insurance Appraisal Services Letter to notify your insurance company of your intent to invoke appraisal. This document will advise the insurance company that you wish to execute the appraisal clause in your policy. The letter has been pre-written to name Joe Brennan as your insurance appraisal services appraiser. Open the document and fill in your personal information. Once the form is complete it should be sent to the insurance company via certified mail!
- If you need assistance with either letter; another option is to request that we fill in all the appropriate information for you. We will create the letter and email you a copy. You will then be able to print the letter and send an original copy to the insurance company via certified mail! Please call (919) 669-9111 or email us to request assistance.
Contact Us For Interview!
Is Joe Brennan and the Insurance Claims Group team the right fit for your TN insurance appraisal services needs? How do you know unless you ask? Please feel free to contact me by email to set up a date and time to to discuss your Insurance Appraisal needs. Or, call me directly at (919) 669-9111. I will be happy to assist you in any way I can.
The Insurance Claims Group, Inc. can answer insurance claim related
questions and provide advice and assistance for insurance
claim damages that are a result of fire, smoke, wind, water,
flood damage, hail, theft, hurricane, and even denied claims. The following
is a list of professional services we provide:
Umpire: In the event that a policyholder or the insurance company invoke the appraisal clause the two independent appraisers must choose an umpire. Most policies require that the two appraisers must select and agree upon an Appraisal Umpire within 15 days of the two appraisers being named. The chosen Appraisal Umpire must be an impartial, unbiased, and disinterested party in the outcome of the appraisal award. Our extensive experience with building repairs and the insurance appraisal process qualifies us as a choice above all to act as an Insurance Appraisal Umpire to resolve insurance claim disputes. [More..]
- Independent Appraiser
for Insurance Appraisal Clause: The Appraisal Clause can be invoked by either the insurance company or policyholder. The Appraisal Process is to resolve disputes only. To resolve such disputes, each party must choose an independent appraiser. An independent appraiser is an individual that is hired to resolve insurance claim disputes. Insurance Claims Group, Inc. exceeds in their knowledge of the appraisal process and is available to represent the facts of the loss on your behalf. [More...]
- Insurance Claim Estimate: We provide inspection and complete insurance claim damage estimates for policyholders of homes and businesses, insurance attorneys, repair contractors, and insurance companies. [More...]
Appraisal & Estimating Assistance: In some cases contractors, attorneys, or appraisers may need assistance in preparing a defense for their claim. They may have questions or need advise on some parts of the estimate or damage. We provide consulting and evaluation assistance for any part of a claim you may require answers for. If we can't answer your questions we can refer you to someone who can. [More...]
Consultation: Many times policyholders and contractors are unsure if damages are covered, if there are coverage limits, or find themselves overwhelmed with the complexity of the insurance claim process. In some cases the insurance companies may use industry terms or insurance lingo that can be confusing. We provide information on the insurance claims process, policy interpretation, estimates and estimating, as well as the insurance appraisal process, and umpire services. Educate yourself and understand how to obtain the correct settlement for your home and business insurance claims. [More...]
- Insurance Replacement Cost Valuation: Is your home properly insured? Do you have enough coverage to replace your home or building after a loss. Finding out that you are under insured after a large fire, flood, or hurricane can be devastating. We will provide an inspection of your home or building, take photographs, and provide a fully detailed replacement cost estimate. You can then make an educated decision on how much coverage you need for your property. Not too little, and not too much. [More...]
provide Independent Insurance Appraisal Services in Tennessee (TN), as well as 30+ other states throughout the US. Visit our service area map. Please feel free to gather
information from our services and articles, or jump right in with any questions you may
have by submitting on the questions page. We are here
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