What is an Appraiser's responsibility?

An appraiser's primary responsibility within the context of insurance is to estimate the amount of loss that has occurred. This involves assessing the damage or loss related to an insured event, determining the value of the property or loss in question, and providing an evaluation that reflects the extent of the loss. This estimation is crucial for ensuring that claims are settled fairly based on an accurate assessment of damages.

While resolving disputes among insured parties, representing the insurer, and training insurance agents are important functions in the insurance industry, they do not align with the core duty of an appraiser. The role of an appraiser is strictly focused on evaluation and assessment, making option B the correct choice. This specialized responsibility is critical for accurate claim processing and ensuring that insurance payouts are justified based on assessed losses.