FAIR Launch Draft

Insurance Appraisal Certificate Online: Requirements

Insurance appraisal certificates should document replacement-oriented valuation context, item identity, and evidence that supports policy scheduling decisions.

Insurance Appraisal Certificate Online: Requirements - FAIR online appraisal guide illustration
Insurance Appraisal Certificate Online: Requirements - FAIR online appraisal guide illustration
Key points
  • Define insurer workflow first: new schedule, update, or underwriting review.
  • Include condition notes, valuation date, and methodology summary.
  • Confirm carrier-specific formatting requirements before submission.
FAQ
  • Do all insurers accept online appraisals? Acceptance varies by carrier.
  • How often should reports be refreshed? Based on policy terms and market movement.
  • Is replacement value equal to fair market value? No, these are different contexts.