Insurance 101 – Chapter 8 – Volume 91 – Waiver of Appraisal

Waiver of Appraisal

The right to appraisal can be waived. “An agreement [in California] to conduct an appraisal contained in a policy of insurance constitutes an ‘agreement’ within the meaning of [Code of Civil  Procedure] section 1280, subdivision (a), and therefore is  considered to be an arbitration agreement subject to the statutory contractual arbitration law.” Although in general arbitration is a highly favored means of settling disputes, a trial court may deny a petition to compel arbitration if it finds the moving party has waived
that right.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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