Frequently Asked
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What is Insurance Claim?
An insurance claim is a request for payment submitted to an insurer after property has been damaged, lost, or destroyed. The claim process requires documenting what existed, what happened, and the value of the affected items under the terms of the policy. Insurers, adjusters, and other reviewers typically require credible support for the amounts being requested, especially for specialized, high-value, or unique property.
What is a Insurance Claim appraisal?
An insurance claim appraisal is an independent opinion of value used to support reimbursement for property involved in a loss. Depending on the policy, the valuation may address replacement cost, actual cash value, or other defined measures.
Assignments often involve machinery and equipment, inventory, vehicles, artwork, jewelry, collectibles, or business property. Reports are prepared to provide clear documentation that insurers, adjusters, and other stakeholders can evaluate during the settlement process.
AppraiseItNow appraises many different asset types for insurance claims, including:
- All types of vehicles:
- Cars
- Boats
- Motorcycles
- RVs
- Trucks
- Trailers
- Personal property: Furniture, household items, jewelry, sports memorabilia
- Art: Museum-grade and lower-tier artwork
- Machinery & Equipment: medical equipment, construction equipment, tractors, CNC machinery
Who we serve
- Individuals who recently had their property stolen, lost, or damaged
- Insurance carriers
- Insurance agents and brokers
- Operating businesses & finance teams
Types of situations we handle
AppraiseItNow conducts a wide-range of valuations for insurance claims, including:
- Total loss valuations
- Diminished value appraisals
- Repair cost estimate appraisal
Additionally, we handle different value types, including:
- Fair Market Value
- Replacement Cost or Retail Replacement Value
- Actual Cash Value (ACV)
- Diminished Value
Appraisals for Insurance Claim anywhere in Colorado, including:
- Denver
- Colorado Springs
- Aurora
- Fort Collins
- Arvada
- Lakewood
- Thornton
- Westminster
- Boulder
- Pueblo
- Highlands Ranch
- Longmont
- Greeley
- Grand Junction
- Loveland
- Broomfield
- Englewood
- Parker
- Castle Rock
- Centennial
- And more!