Appraisal for Physical Damage Loss. If you and we disagree on the amount of loss, either may demand an appraisal of the loss. In this event, each party will select an experienced appraiser. The two appraisers will select an impartial umpire (who shall also be an experienced appraiser). The appraisers will state separately the actual cash value and amount of loss. If they fail to agree, they will submit their differences to the umpire. A decision agreed to by any two will be binding. Each party shall pay its chosen appraiser and shall bear the expenses of the appraisal and impartial umpire equally.
Appraisal for Physical Damage Loss. If the Named Covered Party and DOAS disagree on the amount of the loss the Named Covered Party may request an appraisal of the loss. In such case, DOAS will select an appraiser and have the loss appraised. If the Named Covered Party is not satisfied with the appraisal, the Named Covered Party may procure an appraisal at its own sole cost and expense. If the two appraisers disagree, they will meet and attempt to reach an agreement as to the amount of the loss. If they are unable to agree, the two appraisers will select a competent and impartial umpire and will submit their differences to the umpire. A decision agreed to by any two will be binding. Each party will be responsible for paying its chosen appraiser and paying the other expenses of the appraisal and umpire equally. Even where an appraisal is conducted DOAS still retains the right to deny the loss within the terms of this Agreement.
