Get a Quote
Insurance

What is an Appraisal?

Appraisal

[uh-prey-zuh l]

noun

1.

An Appraisal happens just before an insurance Policy is put into effect and is undertaken by the insurance company. The objective of an Appraisal is to determine property’s current replacement cost in the event of a loss. This step is helps ensure that a policyholder is not over- or under-insured.

Have A Question About This Topic?

Thank you! Oops!

Insured at Every Stage: Getting Married

Taking steps to protect yourself as you enter marriage can be challenging. Luckily, we're here to help. This ebook outlines the critical elements to consider as you explore insurance options.
Thank you! Oops!

Related Content

What is a Loss?

What is a Loss?

Do you know what a Loss is?

The Cost of Medical Care

The Cost of Medical Care

Learn about the risks of not having health insurance in this informative article.

Inventorying Your Possessions

Inventorying Your Possessions

Creating an inventory of your possessions can save you time, money and aggravation in the event you someday suffer losses.