Ethics for Insurance Professionals This post covers the basic concept of ethics with a detailed definition and what it entails. OBJECTIVES • Define ethics and emphasize on the various principles involved. • Discuss the ways in which we can incorporate ethical values in our personal and professional lives. • Briefly define
Appraisers are required to conduct business according to the highest ethical levels and without conflict of interest. Below are types of conflict of interest appraisers should avoid: Self Dealing Accepting benefits or Bribery Influence peddling Using confidential information Moonlighting Collusion with other appraisers
Would you rather collect 80% of an accurate appraisal or 20% of an inflated one?
Many clients believe that if another appraiser gives them a higher initial estimate, the settlement amount will be equally high. WRONG!
Insurance companies know who the legitimate appraisers are, so don't get caught up in the estimate game. Hire an appraiser based on their credentials and reputation.
Seven things to look for when choosing an appraisal company
Wondering how much your vehicle lost in Value? Click the button to know more.
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