An appraisal clause auto insurance is a policy provision that helps resolve disputes between the insurer and policyholder regarding the value of a vehicle or the cost of repairs. When both parties disagree, each selects an independent appraiser, and a neutral umpire may be involved if needed.
This process ensures a fair, unbiased evaluation and helps avoid lengthy legal battles. Using the appraisal clause in auto insurance can speed up claim settlements and provide a more efficient resolution process.
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