SJJ attorneys Tim Johnson and Alex Jadin won another case before the Minnesota Court of Appeals upholding a policyholder’s right to collect interest on an appraisal award.
In Andersen v. Owners Insurance, the policyholder prevailed against its insurance company at appraisal and sought to recover interest on the appraisal award. The insurance company argued the policyholder was not entitled to interest, and the case end up before the Minnesota Court of Appeals.
Like several other cases on this issue, the Court of Appeals once again agreed with SJJ and found that the policyholder was entitled to interest on the appraisal award. If your insurance company undervalued your claim and you won at appraisal, call us today to see if you are also entitled to additional interest on the award.