Types of Appraisals |
Call today
404-643-9123 |
Auto Damage Appraisals:
Have you been in a car accident? Perhaps the damages were minor and you want to pay out of pocket. You head to the collision center and get an estimate that is much higher than anticipated. Better yet, you file an insurance claim and the body shop and insurance company disagree about the repair procedures and appropriate parts. In either case, hire an independent appraiser and order one of our auto damage appraisals to ensure you are getting treated fairly. |
Desk Review Diminished Value Appraisal:
So what is diminished value, exactly? Diminished value, also referred to as diminution of value, is the sudden loss of value your vehicle sustains after an accident. Why would a car lose value after an accident? Think about it this way. You have done your research and are in the market for a new car. You find two identical cars for sale in your hunt that are being offered for the same sales price. You run the vehicle history report on both cars only to find out that one of them has an accident in its history. Which would you purchase? Most buyers would purchase the one with a clean accident history, Why would someone risk the uncertainty of buying the car with a prior loss when they could pay the same price for one with a clean history. In order to entice buyers to buy the car with a prior loss, the seller must discount the vehicle to make it more attractive. |
***Please send a PDF copy of your final repair bill to jonathan@dempseyappraisalservice.com for a courtesy review prior to purchasing this appraisal.***
|
Field Inspection Diminished Value Appraisal:
This appraisal is the same as the desk review diminished value listed above. However, if you prefer, we will send one of our highly qualified appraisers out to your home or office in order to complete a thorough inspection of your vehicle. |
***Please send a PDF copy of your final repair bill to david@dempseyappraisalservice.com for a courtesy review prior to purchasing this appraisal.***
|
Total Loss Appraisals:
Actual Cash Value is the market value of a vehicle minus any necessary depreciation. ACV is the term used by insurance companies that are looking for the settlement value of a vehicle that has been deemed a total loss. The total loss threshold for a vehicle varies from insurance carrier to carrier. Some companies begin considering a vehicle a total loss as low as 65% of the ACV while others will repair a vehicle up to 100%!!! Often is the case, the carrier will make a settlement offer on the lower end of the value spectrum. This practice leaves the vehicle owner with a potential underestimated value of hundreds or even thousands of dollars. |
***Please contact [email protected] to determine whether your claim is being underpaid.***
|
Stated Value Appraisals:
What is a stated value appraisal? Stated value appraisals are conducted on vehicles that are considered to be unique. These appraisals are often performed on antique automobiles, exotic cars, or for cars that have been modified and are no longer considered a stock vehicle. More often than not it is the antique cars that receive the appraisal because there may not be many comparable vehicles on the market. |
Arbitration:
Arbitration occurs when the appraiser you hired and the insurance company you are working with cannot agree on a total loss and, often, diminished value claims. When there is a dispute in the value of your automobile or the loss in its value due to an accident the two disagreeing parties select an, "umpire." The umpire gathers all relevent and necessary information and comes to a final, binding settlement offer. |
12850 Hwy 9 N, Ste 600-343
Alpharetta, GA 30004
Phone: 404-643-9123
Fax: 770-667-1310
Alpharetta, GA 30004
Phone: 404-643-9123
Fax: 770-667-1310