Which method applies to alternative dispute resolutions?

The method that applies to alternative dispute resolutions is appraisal. Appraisal is a specific process where a neutral third party is brought in to assess the value of a claim or damage when the insurer and the insured cannot agree on the amount to be paid. This process is often outlined within the insurance policy itself and serves as a form of mediation or arbitration to help resolve disputes without going to court.

In alternative dispute resolution methods, such as appraisal, both parties typically select an appraiser, and their findings are used to settle the dispute amicably. Since appraisal focuses on resolving disagreements in a way that is usually quicker and less formal than litigation, it exemplifies how alternative dispute resolution works to reach a fair outcome for both the insurer and the insured.

Other options, such as claim denial, rejection of claims, and policy cancellation, do not fall under alternative dispute resolutions. These are more about the termination or denial of claims rather than resolving disputes between parties. Hence, the appraisal method stands out as the most appropriate approach for alternative dispute resolutions in the context of insurance claims.