TOTAL LOSS APPRAISAL
The Industry Leader in Total Loss Reports. Total Loss valuations determine the actual cash value on the date of loss of the totaled vehicle. Having an independent Total Loss Appraisal is paramount to ensure the equitable payout amount from the insurance carrier during the settlement process.
— TOTAL LOSS VEHICLES—
Description
» TOTAL LOSS APPRAISAL
Measures the actual cash value of the individual vehicle on the date of loss. Specifically, the value of the totaled vehicle prior to the accident. When a vehicle is determined to be a total loss, the insurance carrier will provide a vehicle valuation dictating the amount under the policy they believe they owe, typically the valuation is most favorable to the carrier and not our client. Having an independent Total Loss Appraisal is paramount to ensure the equitable payout during the settlement process.
The Appraisal provides evidence of the actual cash value of the vehicle as to determine the monetary value and recovery thereof for the loss of the vehicle. In addition to the Fair Market Value, this appraisal includes the vehicle salvage value.
Evaluation deconstruction services – breaking down the insurance company evaluation and identifying errors, to ensure maximum monetary recovery for the loss of the vehicle.
Measures: The Total Loss valuation determines the actual cash value of the vehicle pre-accident (on the date of loss) taking into account, but not limited to geographical location, vehicle specs, factory upgrades, mileage, market value of comparable vehicles, to protect your monetary interest in the vehicle after the accident.
This Appraisal provides evidence of the monetary recovery amount that is owed due to the vehicle being a total loss.
- Provide evidence in which to dispute the insurance company evaluation and identifies errors.
- Provide evidence in which to substantiate the settlement amount owed when re-negotiating total losses or validating insurance offers of settlement, including the salvage value.
