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.
Estimate how much you have the potential to earn during your working years.
When the weather warms up, it’s important to remain up to date when it comes to your insurance coverage—especially if you own a pool.
Creating an inventory of your possessions can save you time, money and aggravation in the event you someday suffer losses.