Insurance 101 – Chapter 8 – Volume 90 – Appraisal – 4

Appraisal – 4

Although an appraisal is a special form of limited arbitration, there are significant differences between the powers of an arbitrator and those of an appraiser. An arbitrator’s role is more like that of a judge in a judicial proceeding. On the other hand, section 2071 calls for an informal appraisal proceeding (unless the parties mutually agree otherwise), with no depositions, interrogatories, and the like, no formal rules of evidence, and no court reporter.

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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