Insurance companies will often offer their own value loss estimate, but their methods can be flawed, leaving you stranded with a smaller payout than you might be owed. An appraisal from Select Auto Appraisals will get you the compensation you deserve and keep you cruising down the road without leaving your money behind.
Lets’ chat to see if you qualify and how we can help maximize your settlement. We’ll walk you through the process and even provide you with an estimated range that you could expect to recoup.
Phone: (770)555-5555
Email: info@selectautoappraisals.com
We’ll perform extensive market research to establish your vehicle’s fair market value before and after the accident. With a multi-point inspection we verify the vehicle’s year, make, model, mileage, equipment and condition. After your repairs are completed we’ll check for any repair related issues such as over-spray, misaligned panels, uneven gaps, mismatched paint, etc. Finally, we’ll provide you with a comprehensive and USPAP certified appraisal report detailing our findings which outlines your diminished value or total loss.
We’ll provide you with specific instructions on how to present your demand. You’ll receive your certified appraisal report and a customized demand letter to send to the insurance company.
We’ll review any communication you get from the insurance company and advise you on the next best steps to take. Additionally, we’ll draft all negotiation correspondence to save you time and so you can get the best settlement amount possible.
The sweetest part of the process. Our successfully proven recovery process will put the money your vehicle loss back into your wallet within a few short weeks. And here’s the best part, you keep the entire amount—we’ll never charge a contingency fee or take a percentage of your settlement.
In the state of Georgia most insurance companies rely on the 17c formula to calculate and assess diminished value. This formula is an easy and generic method for insurance companies to use, but it tends to oversimplify things which will often leave you with a much lower claim than you deserve.
The 17c formula is flawed in a number of ways. First, the formula is based upon an arbitrary value loss of 10%. However, we know that vehicles lose value at different rates and there is no “one-size fits all” percentage to account for vehicle valuation. Secondly, the formula relies heavily on a vehicle’s structural damage to assess value, but conveniently ignores cosmetic damage which can obviously factor significantly into a vehicle’s value. Lastly, the 17c formula also considers vehicle mileage to assess value which is already included in the base vehicle estimate. This redundancy artificially lowers lost value and can even eliminate the possibility of recovery for vehicles over 100,000 miles.
A certified appraisal report and evaluation from Select Auto Appraisals will arm you with the information you need to claim a fair diminished value settlement. We assess your vehicle’s value immediately before and immediately following your vehicle’s accident and repairs with a multi-point inspection and fact-based industry data. Furthermore, we’re here to assist you every step of the way. Even after you receive our appraisal report we’ll work with you throughout the entire negotiation process. Don’t settle for less, Select Auto Appraisals is here to get you the money you deserve.
