Many people around the Twin Cities are dealing with storm damage to their homes, their cars and other property. That means they now begin the process of dealing with their insurance company.
Here's the problem: Your insurance company knows their rights inside-and-out, but do you?
It can be a very unfair fight with you coming out on the losing end.
Property owners face a number of technical and contractual issues when it comes to making a damage claim, even when there is a disagreement between themselves and the insurers with regard to the value of the loss.
One important provision included in every policy in Minnesota gives property owners a right to demand an appraisal of the loss when there is a disagreement with the insurer as to the value of the loss. Not many people know this, but often the insurer will "make an offer" with regard to a loss that is far less than what the insured perceives as the cost of repair.
When an impasse occurs, under most every policy sold in the State of Minnesota, the insured has a right to demand to enter into the process called an appraisal.