Who is responsible for evaluating a fire insurance claim?

In South Carolina, the parties responsible for evaluating a fire insurance claim are the insurance company representative who is handling the claim, a qualified independent appraisal company, and a judge or jury if necessary. The insurance company representative typically evaluates the claim and makes an initial determination of the damage and cost of repairs. The independent appraisal company, which is chosen by the insured and approved by the insurer, performs a professional analysis of the claim to determine the amount of damage and the cost of repairs. The independent appraisal company has no financial involvement in the result of the claim and acts as an impartial third party in the evaluation. In cases where the insurance company and the insured cannot agree on the value of the damage or the cost of repairs, either party may take the dispute to court. In this situation, a judge or jury is responsible for evaluating the fire insurance claim and making a ruling on the dispute. The judge or jury analyzes the evidence and testifies presented by both sides before making a decision.

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Who is responsible for evaluating a fire insurance claim?

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