Eden Orchards, the insured under a policy with Farm Insurance LLC, files a claim for a covered loss. The parties cannot agree on the amount of the loss. Under an appraisal clause,
A) the loss will be shared proportionately by the insurer and the insured.
B) an estimate by an impartial, qualified third party can be demanded.
C) the dispute will be submitted to an impartial third party for resolution.
D) the loss will be appraised to the difference between the disputed values.
Correct Answer:
Verified
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