What is the time limit for an insured to select an appraiser?

In Missouri, the time limit for an insured to select an appraiser is indeed 20 days. This time frame is established within the context of standard procedures in appraisal clauses found in many insurance policies. The appraisal process is an important mechanism that allows both the insurer and the insured to address disagreements regarding the value of a loss.

Once a claim has been made, if there is a dispute over the amount of the loss, the insured has 20 days to appoint an appraiser who will represent their interests. This set time limit ensures that the process moves forward efficiently and that the claim does not remain unresolved for an extended period, benefiting both parties.

The other options reflect shorter or longer time frames that do not align with the established regulations for appraisal in Missouri. Adhering to the correct 20-day timeline is crucial for insured individuals to ensure their rights are protected during the claims process.