Art settles a dispute over the amount of loss.
- Best when
- Your insurer agrees the damage is covered, but its number is far below what the repair actually costs, and your policy has an appraisal clause.
- What Art does
- Serves as your appointed appraiser. He values the loss independently, works it through with the insurer's appraiser, and presents it to an umpire if the two can't agree.
- How he's paid
- Quoted in writing before he starts. Each side pays its own appraiser and usually splits the umpire's fee.