True or False: An Appraisal must be made in writing and your insurance agency cannot reject it.

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The statement is false because while an appraisal typically should be in writing to ensure clarity and a formal record of the assessment, there are circumstances where it may not be strictly required to be written. In many insurance and legal contexts, written documentation is preferred to avoid disputes and ensure that all parties have a clear understanding of the assessment. However, if an appraisal is performed verbally or in another format, it may still be considered valid, depending on the policies of the insurance agency and relevant jurisdictional regulations. Additionally, insurance companies usually have terms that outline under what conditions an appraisal can be rejected, meaning they retain the authority to accept or deny it based on their criteria or process.

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