Welcome to Warrior Appraisal

DAMAGE TO YOUR HOME OR BUSINESS WHAT SHOULD YOU DO?

Call an Attorney? Call a roofer? 

Call someone who cares about you! Warrior Appraisal!! We will give you a Fair & Honest assessment of your damage in a detailed estimate with photos and a sketch to support all damages (Interior or Exterior using the preferred estimating platform called Xactimate which is used by your insurance company and their adjusters)

The first step in this process is accessing the damage and ensuring the damage exceeds your deductible. This is where Warrior Appraisal/Loss Consultants make a full inspection of your home or business from Top to Bottom and everything in between. Once the estimate is completed and there is enough damage to support filing a claim.

As YOUR Building Consultant/Appraiser, we can address all levels of this insurance process with you…

Option 1

Our Warrior will provide you with a detailed estimate with photos and a sketch to show you the damages and non-damaged in affected areas. This will provide you a detailed line by line estimate in Xactimate. This will show the proper pricing for labor and materials for each trade involved in the repair or replacement.

Option 2

Our Warrior will provide the same service as listed above BUT… We will meet with your insurance adjuster to get an agreed scope of work (This is agreeing to what is actually damaged). In Xactimate the estimate is a line by line itemization showing what it will cost to remove and replace every item within the estimate. This is critical for documentation of what work is to be completed and how much it will cost for labor and materials. This is why it is important to get an agreed scope of work when meeting with the insurance adjuster.

IF the insurance adjuster does not feel there is enough damage for a full replacement to any given item for a Variety for reasons… not enough damage!! Age! Oh that’s not damage…. And denial.  At the end of the day he is not entering what we think is damaged this damage on his estimate.

We are at an impasse… A Difference in scope of work and pricing of the total job!

From here We will invoke the Appraisal Process.

APPRAISAL/ DISPUTE RESOLUTION

Dispute resolution… What is it? How you could benefit by using this appraisal clause in your Insurance policy?

What is Dispute Resolution? Insurance dispute resolution is a process to settle disagreements between insurance companies and policyholders over issues such as the amount due on a claim, denial of a claim, or misunderstandings over policy terms.

When Is It Needed? This process becomes relevant when an insurance claim has been denied or partially paid, and the policyholder believes that the decision is unfair or the interpretation of policy clauses is incorrect.

How Is It Done? Resolution methods may include negotiation, appraisal, mediation, arbitration or, in some cases, litigation. In many instances, professional advocates like public adjusters and lawyers can guide and support this process.

Common Types of Insurance Disputes

Insurance disputes can vary widely, but certain types occur more frequently than others. These include home insurance disputes, which often revolve around compensation for any given peril. (a peril is a specific risk or cause of loss) Perils can include events like Fire, Windstorms, and Theft just to name a few…

How do we get to the dispute phase in this process? The first thing is that you filed a claim with your insurance company. For example, you filed a claim for Wind damage to your siding and roof with interior damage to your ceiling due to a roof leak.

The claim adjuster will come out and inspect the property; He will take photos of the exterior photo documenting the damage to the siding for each elevation. He will inspect the roof. He will mark the damaged shingles and count them, for  total amount damaged shingles to that slope. He will proceed to the interior rooms that have water stains/damage on the ceiling and walls and document the damage. He will adjust for these damaged areas.

From this point, the adjuster will create an estimate of all damage in xactimate. This will be his opinion on the amount of damages we seen during our inspection. The adjuster will write and estimate outlying the damage to each of the affected areas. He will provide this estimate to your carrier.

You will receive a copy of the estimate from your insurance carrier and the estimate it will outline the total cost of your repairs. This known as the RCV (Replacement Cost Value) it will show the RCV – your deductible and It will also show your ACV (Actual Cash Value) better known as depreciation.

It will look something like this: 

EXAMPLE

RCV $25,555.09

Deductible $2500 (your deductible may vary) this is your shared portion of the claim.

The ACV  $10,282.05 is the  Depreciation (Based on the age of the materials) this is deducted to ensure the work will be completed. Once the work has been completed request for the ACV to be released and you will receive a 2nd check for this amount, $10,282.05

Net Claim $12,773.04 after the Deductible and Depreciation has been applied. You will receive this amount. This is also known as ACV=Actual Cash Value.

Invoking the Appraisal process 

Each party will choose an appraiser and both appraisers will try to settle the dispute for each party. When the 2 Appraisers are named by each party together they will select a Neutral Umpire to preside if the 2 appraisers cannot agree to settle their differences, the Umpire makes a fair settlement for Both Parties.

The 2 appraisers will inspect the property and document the actual damage and write their own position or estimate for the damages. Both parties will have their point of view of how much damage… and how it is to be repaired or replaced. After both parties settle on a fair scope they will sign a document called the Award.  

This will be binding as both parties will sign the Award agreeing to the total costs and all repairs to the affected areas.

IF the 2 appraisers cannot agree on the scope of work or cost, the Umpire they have chosen will settle their dispute. The umpire will inspect the property with both appraisers present. Each appraiser will explain their point of view on the damaged areas and how they wish to have repairs or replacements completed. The umpire will decide on the best course of action on the damage. The umpire will render his decision; this will be binding to all parties. 2 of the 3 of the panel members,  the Umpire and 1 Appraiser will have to sign the Award, to become binding.

We Fight for What you deserve!!