The Scope Of Property Insurance Appraisals In Calif.
July 7, 2011, 12:19 PM EDT
Law360, New York (July 7, 2011, 12:19 PM EDT) -- Two decisions issued this year by the California Court of Appeal reflect the limited scope of insurance appraisals in the state, in comparison to other jurisdictions. To ensure that appraisal remains an effective method for resolution of property insurance disputes, practitioners need to be aware of the limitations on the jurisdiction of appraisers imposed by the California courts.
The appraisal process can play a major role in the resolution of a property insurance dispute regarding the amount of loss or damage suffered by a policyholder. In...