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Home / Verdicts & Settlements / State Farm settles fire loss that went to policy’s appraisal process – $243,000 Settlement (access required)

State Farm settles fire loss that went to policy’s appraisal process – $243,000 Settlement (access required)

The insured’s Mecklenburg County home burned in July 2013. She had first-party homeowner’s coverage with State Farm Fire & Casualty Co. State Farm paid some on the claim, but not a reasonable amount. So the insured hired a public adjuster to present her claim. With the adjuster’s help, she invoked her policy’s appraisal process. Under that process, ...