Quote:
Originally Posted by Braces
Isn't there a bit of bias if the insurance company pays the appraiser's fee?
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There is a seeming conflict of interests, however, you agree to it when you purchase the insurance.
Most people don't think of insurance as a binding contract, which it is. They agree to provide X coverage with Y stipulations, and you agree to pay XX per month for said coverage.
The big problem is most people don't bother to read the policy info to find out exactly what is and isn't covered and the stipulations regarding the coverage.
(Ex-claim representative)