What is an insurance appraisal?
An insurance appraisal is an appraisal of the scope and, in most cases, the cause of damage. In addition to the repair costs, it usually also includes the current value, the replacement value and the original purchase price of the item. The most well-known example of an insurance report can be found in the automotive sector for accident damage. An expert examines the damage and reports it to the insurance company. The insurance report should not be confused with a cost estimate, which can be issued by any dealer and only includes the repair costs.
In most cases, insurance reports are requested by insurance companies based on a claim that has been reported to them. In individual cases, such expert opinions are also commissioned by the policyholder and attached to the damage report to speed up the process. In these cases, it is advisable to clarify in advance the need for an expert opinion and the reimbursed amount for the expert opinion. I would be happy to do this for you as well.