How many days does an insurer have to select a competent appraiser after a written request is received for a property claim dispute?

Study for the North Carolina Property Insurance Agent Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The insurer has 30 days to select a competent appraiser after receiving a written request for a property claim dispute. This timeframe is specified in the insurance policy and is meant to ensure a timely resolution of claims. The appraiser plays a crucial role in assessing the damages and determining the appropriate compensation, which is vital for maintaining the integrity of the claims process.

Within this 30-day period, the insurer must evaluate their available options and make a selection that meets the criteria of being competent. This allows both parties involved in the dispute to proceed with the appraisal process, which is often a necessary step in resolving disagreements related to the value of a property claim. By having a structured timeframe, policies seek to streamline the process and facilitate faster dispute resolution.

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