Appraiser Cost: $1,500-$3,000 more or less dependent on time and travel (Paid by insured). Commercial Claims prices vary.
Umpire Cost: $1,5000-$3,000.00 more or less dependent on time and travel (Paid by insured and insurance company). Commercial Claims prices vary.
Example:
Total Cost is $3,000.00
Insured: $1,500.00
Insurance Company: $1,500.00
Overall Cost Example:
Settlement Amount: $50,000.00 without umpire
The following are removed from a settlement amount: depreciation and prior payment if applicable and your deductible.
$50,000.00
Less Deductible: $2,500.00
Total: $47,500.00
Less Bulldog Percentage Agreed(in this case 10%): $4,750.00
Total: $42,750.00
Less Appraiser Cost: $1,000.00
Check payable to the insured: $41,750.00
Settlement Amount: $50,000.00 with an umpire invoice of $3,000.00
The following are removed from a settlement amount: depreciation and prior payment if applicable and your deductible.
$50,000.00
Less Deductible: $2,500.00
Total: $47,500.00
Less Bulldog Percentage Agreed(in this case 10%): $4,750.00
Total: $42,750.00
Less Appraiser Cost: $1,000.00
Less Umpire Cost: $1,500.00
Check payable to the insured: $40,250.00
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The undersigned hereby confirms and acknowledges that the process of Appraisal will incur costs and that they will be deducted from the Settlement Amount issued upon completion of the appraisal. In the event, of the appraiser and umpire not getting paid the individual third-party will seek their own process of collection. Bulldog Adjusters Inc., is not liable or responsible for payment of any sort to the third-party appraiser or umpire. We are subject to the umpire's decision and are not responsible or liable per their decision.