I recently handled a Diminished Value Appraisal for client of State Farm Insurance that was rear ended in an accident. The State Farm agent had called us assist their client in indemnifying the loss due to the accident. This was a vehicle that had major panel replacement, evidence of paint and repair work, and of course of vehicle history report indication the accident on both CarFax and AutoCheck. This was a very low mileage Mercedes Benz that was not quite a year from being bought new by the current owner. The proper handling of these claims is very important to success in settlement. The first step is ensure that the vehicle is to be inspected physically by the appraiser handling the claim. Online appraisals often get thrown out due to the simple fact, they didn’t look at the car. The second is make sure that the appraiser has significant real market experience in like type cars. If you feel that you have a claim for Diminished Value, and you have questions, please feel free to call.
We preform Car Appraisals and Pre Purchase Inspections throughout the United States with our regular service area being Florida, Georgia, Mississippi, Alabama, and South Carolina. If you are considering the purchase of a special interest car, contact us to inspect the vehicle for you. Our inspections can be performed in most cases within 24 hours. Contact us today at 772.621.2622 to discuss your needs or use our online Pre Purchase Inspection Request Form.
