Auction data reflects a brief pandemic-induced fall, then a sharp increase in prices this summer and autumn. Cars are supposed to depreciate over time, this pandemic has made an exception to this rule. Supply / Demand Imbalance Weak Supply and Shortages Factories shut down 6 to 8 weeks, no new
State Farm 17c Letter Below is a copy of a cookie-cutter letter State Farm Insurance sends their policyholders after they receive a demand for Diminished Value. The letter clearly references the Mabry V State Farm court case and the DV amount being offered is based on a formula from the
Would you rather collect 80% of an accurate appraisal or 20% of an inflated one?
Many clients believe that if another appraiser gives them a higher initial estimate, the settlement amount will be equally high. WRONG!
Insurance companies know who the legitimate appraisers are, so don't get caught up in the estimate game. Hire an appraiser based on their credentials and reputation.
Seven things to look for when choosing an appraisal company
Wondering how much your vehicle lost in Value? Click the button to know more.
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