Policyholders’ Rights After Payment of an Appraisal Award

Policyholders may not be aware that their property insurance policy contains an appraisal provision. Insurance companies sometimes use these appraisal provisions to delay the claims process, increase costs for policyholders, or prevent the policyholder from filing lawsuits against them. Some form of an appraisal provision is in almost every property insurance policy sold in Texas and throughout...
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