Are there any legal ramifications for altering an independent appraisal company’s estimate?
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Are there any legal ramifications for altering an independent appraisal company’s estimate?
We have an auto damage estimate that was performed by a third party appraisal company that has been altered by another appraisal company. Are there any legal ramifications for altering an estimate once a company has submitted it as a final product?
Asked on June 30, 2011 under Accident Law, Texas
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
There are too many facts here that are missing from this matter. Why was the report altered in any way? Why didn't the other appraisal company issue their own report? Yes, there are ramifications. There are always ramifications to these matter but what they are will depend on how the matter plays out down the road. You need to speak with an attorney in your area on the matter and discuss what happened in detail. You need to ask how the facts as they have been laid out will effect your claim. It seems to be insurance fraud and I worry for you. Do not let this matter stand as it is for much longer. Get help. Good luck.
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