What is a Statement Under Oath or Examination Under Oath? Almost every insurance policy requires an insured to appear for an Statement or Examination Under Oath (“EUO”) upon request as one of the duties of the insured post-loss. The EUO is a formal proceeding conducted by an attorney hired by the policyholder’s insurance company in
Category: Property Damage
PENNSYLVANIA INSURANCE CLAIMS HANDLING: INTERPRETING THE APPRAISAL PROVISION CONTAINED IN A TYPICAL PENNSYLVANIA HOMEOWNER’S INSURANCE POLICY TO AVOID BAD FAITH
An appraisal provision of some sort is contained in most Pennsylvania homeowner’s insurance policies and allows for either the homeowner or the insurance company to demand appraisal if the two parties cannot agree on the amount of the loss to the home after a storm or similar covered event. The majority of disagreements between whether