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Home / Courts / Insurance – Fire – Loss Compensation – Motel – Valuation – Appraisal Process (access required)

Insurance – Fire – Loss Compensation – Motel – Valuation – Appraisal Process (access required)

Patel v. Scottsdale Insurance Co. The parties’ insurance policy gives the defendant-insurer the option of paying either fair market value or replacement value for the plaintiff’s hotel, which was destroyed by fire. However, instead of granting summary judgment for the insurer, the trial court should have stayed this action until the parties completed the appraisal process set out in the policy.

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