Who may demand an appraisal if there is a dispute over the value of a property loss?

• A. Only the insured
• B. Only the insurer
• C. Either party in writing
• D. A court

Answer: (C)

Disputes about the amount of a loss are often resolved through the appraisal process. This provision allows either party to demand an appraisal in writing when there’s a disagreement over value. Each side hires a competent appraiser, and those two appraisers pick an umpire to settle any differences. The goal is to determine the actual amount payable under the policy without going to court, and the process is invoked by a written request from either side. Because both the insured and the insurer have that right, choosing “either party in writing” is the best answer. The other options aren’t correct because the clause isn’t limited to just one side, and a court isn’t the required first step to resolve this particular dispute.