APPRAISAL

ANOTHER ALTERNATIVE TO RESOLVING

YOUR HURRICANE DAMAGE DISPUTE

The following clause* is found in all

flood, hurricane, and commercial policies:

Clause P. Appraisal

If you and we fail to agree on the actual cash value or, if applicable, replacement cost of your damaged property to settle upon the amount of loss, then either may demand an appraisal of the loss. In this event, you and we will each choose a competent and impartial 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 covered property is located. The appraisers will separately state the actual cash value, the replacement cost, and the amount of loss to each item. 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 actual cash value and loss, or if it applies, the replacement cost and loss. Each party will: 1. Pay its own appraiser; and 2. Bear the other expenses of the appraisal and umpire equally.

MAPS can provide experienced & qualified neutral umpires

to work with your appraisers to resolve difficult damage disputes.

Just follow the road map.

* The language in this clause may be different in your policy.? All policies have an appraisal clause.