If an insured invokes the appraisal clause and hires an independent appraiser; does the insured need to share their independent appraisal to the company? I have looked at many google searches on this and cannot find an answer for it.

Vermont Subscriber

The appraisal clause in the ISO PP 00 01 states as follows: "The two appraisers will select an umpire. The appraisers will state separately the actual cash value and the amount of loss. If they fail to agree, they will submit their differences to the umpire."

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