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Can anything be done if an insurance claim was not denied but the insurance company paid less than the value of the claim? |
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Insurance companies quite often will obtain repair estimates fall lower than you obtained on your own. So long as the claim was not resolved with prejudice or agreed to by the insured and there is time left in the statute of limitations a bonifide suit could be brought. The appraisal process is also possible in many claims, which allow both the insurance company and the insured to resolve the issue by each designating an appraiser. If the two appraisers cannot agree on the value of the claim, the claim will be decided by an umpire designated by the parties or a judge.
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