Appraisal in Puerto Rico

Originally published by Ashley Harris.

Insurance carriers and policyholders have historically enjoyed the benefits of the appraisal provision included in most property insurance policies. Appraisal tends to be less expensive, time-consuming, and formal compared to traditional litigation. Unfortunately, appraisal is not an option for policyholders in Puerto Rico. In Berrocales v. Tribunal Superior,1 the Supreme Court of Puerto Rico interpreted…… Continue Reading

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