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Diminished Value Appraisals
A diminished value settlement typically ranges between 10% and 25% of the fair market value of the vehicle, depending on a variety of factors. To calculate your DV, click here.
Submit your appraisal and demand letter to the insurance company for review.
You should present your diminished value claim to the insurance company once your repairs are completed. That way, you’ll have a complete list of all the repairs that you can send us for review, prior to submitting your claim for diminished value to the insurance company.
Total Loss Appraisals
A vehicle is typically considered a total loss if the cost of repairs approaches or exceeds its actual cash value. We assess this through a detailed appraisal process.
We consider factors like make, model, year, mileage, condition, and market trends to accurately determine your vehicle’s actual cash value.
Yes, our independent total loss appraisal can provide the evidence needed to dispute a claim if you believe the insurance company’s offer is too low.
Body Shop Collision Repair Audit
Our audit involves a thorough inspection of the repairs done by the body shop to ensure quality and that all necessary repairs were completed.
Our report can be used to negotiate with the body shop or insurance company if the repairs are substandard or incomplete.
Even minor repairs can have hidden issues. An audit ensures your vehicle’s safety and value are maintained.
Actual Cash Value
We assess the market value, condition, age, mileage, and any unique features of your vehicle to determine its actual cash value.
It provides an unbiased, accurate value of your vehicle, which is crucial for insurance claims, particularly in total loss situations.
Yes, knowing the actual cash value can help in selecting appropriate coverage, potentially impacting your premiums.
Loss of Use
Loss of use refers to the time period your vehicle is unusable due to repairs or replacement, impacting your ability to use it as intended.
We consider the duration your vehicle is out of service and the reasonable cost of a comparable rental vehicle.
Yes, our appraisal can support a claim for loss of use from the at-fault party’s insurance.
Fair Market Value
Factors include the vehicle’s make, model, age, condition, mileage, and current demand in the market.
It’s recommended to get an appraisal if you plan to sell, insure, or donate your vehicle, or for legal purposes such as divorce or estate settlements.
No, fair market value is generally higher as it represents a private party sale, whereas trade-in value is what a dealer offers.
Charity / Donation Appraisal
An appraisal provides documentation of the vehicle’s value for tax deduction purposes when donating to a charity.
We assess the fair market value considering factors like condition, age, and market trends.
Yes, but the amount depends on the appraised value and the charity’s use of the vehicle. It’s advisable to consult with a tax professional.
Classic Cars, Trucks, and RVs
Classic vehicles require a specialized approach considering their historical value, rarity, restoration quality, and collectibility.
Yes, our appraisal can provide insights into the vehicle’s potential future value and investment viability.
Absolutely. Modifications and quality restorations often significantly impact the value of classic vehicles.
Custom Cars and Specialty Vehicles
These vehicles often have modifications and customizations that require specialized knowledge to accurately value.
We consider the quality, craftsmanship, and impact of customizations on the vehicle’s overall performance and aesthetics.
Yes, it ensures that your insurance coverage reflects the true value of your custom or specialty vehicle.
Expert Court Testimony
Cases involving disputes over vehicle value, such as insurance claims, divorce settlements, or fraud cases.
Our team consists of licensed and experienced appraisers recognized as experts in vehicle valuation, making our testimony credible in court.
Our objective and detailed appraisals provide reliable evidence on vehicle value, aiding in fair and informed legal decisions.
GAP Insurance Appraisals
GAP insurance covers the difference between a vehicle’s actual cash value and the balance owed on financing. An appraisal ensures you’re not under or over-insured.
We assess the depreciation rate and actual cash value of your vehicle compared to your loan balance to advise on GAP insurance necessity.
Yes, it provides an accurate valuation of your vehicle to ensure proper compensation under GAP insurance.
Claim Settlement Services
We assist in negotiating and settling vehicle-related insurance claims, ensuring fair compensation based on our independent appraisals.
Yes, our services are designed to help with all types of vehicle insurance claims.
Our expertise, independence, and detailed appraisals enable us to effectively advocate for your best interests in claim settlements.
Umpire & Mediation Services
These services are used when there’s a dispute between parties (e.g., insurer and insured) over the value or repair of a vehicle.
As independent appraisers, we maintain neutrality, focusing solely on factual evidence and fair valuation.
Mediation is often faster, less expensive, and more flexible than court, while allowing both parties to reach a mutually agreeable solution.
Divorce and Estate Car Appraisals
Accurate vehicle valuations ensure fair asset division in divorce cases and proper valuation of estates for distribution or tax purposes.
We approach each case with discretion, professionalism, and neutrality, focusing on providing accurate and unbiased appraisals.
Yes, our appraisals are court-approved and can be used as credible evidence in legal proceedings.
