Office One

4200 Little Blue Parkway

Suite 690

Independence, MO 64057

Office Two

100 N Main St

Gravois Mills, MO 65037
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!

Related Content

Keeping Summer Safe: Pool and Spa Safety Tips

Keeping Summer Safe: Pool and Spa Safety Tips

Each year hundreds of children die or are injured in pool accidents. By taking seven steps, you can keep your pool safe.

Disability Insurance: Who Should Have It?

Disability Insurance: Who Should Have It?

There are generally 3 ways to obtain disability insurance. We're discussing these options in-depth, as well as whether or not you should consider purchasing your own policy.

The 5 Roles Life Insurance Can Play in Retirement

The 5 Roles Life Insurance Can Play in Retirement

A life insurance policy can supplement your retirement financial strategy by being a source of emergency cash or loan funds, or by simply providing the confidence that comes from knowing you've covered all the bases.