Settlement by Appraisal

Section 128 of the Insurance Act, Statutory Condition 11

11. APPRAISAL: “In the event of disagreement as to the value of the property insured, the property saved or the amount of the loss, those questions shall be determined by appraisal as provided under the Insurance Act of Ontario before there can be a recovery under this contract, whether the right to recover on the contract is disputed or not and independently of all other questions. There shall be no right to an appraisal until a specific demand therefore is made in writing and until after proof of loss has been delivered. “

NFA has acted in the capacity of appraiser in well over 1000 Appraisal hearings with excellent results each and every time. This service is available to policyholders, lawyers and risk managers to name a few.

Industry Pioneers – Ontario’s First Public Adjusting Firm