Appraiser Blog

State Farm Unfair Claim Handling Practices, 2017 Update

PSA: Atlanta, GA 03/23/2017 State Farm as of late has been extremely difficult in working with on Diminished Value claims. It’s been brought to our attention that State Farm adjusters and claims handlers have been told to hold the line and decline or reject most of the DV claims submitted

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Fulton County – Sales Tax Rate Increase

Sales Tax Rate Increases to 7.75 Percent on April 1   On April 1, 2017, the sales tax rate in Fulton County outside the City of Atlanta will increase from 7 percent to 7.75 percent, when the collection of Transportation Special Purpose Local Option Sales Tax (T-SPLOST) begins.   On

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Claim Handling Quick Guide

Quick claim handling guidelines and information about our appraisal services. All Claims: The appraisal report is the evidence you need to support your claim Insurance adjusters need documentation before issuing payment Third party carriers are your adversaries and not your friend, their job is to minimize payouts and look after

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Best and Worst Insurance carriers for Diminished Value Claims

Updated on 02/23/2018 Best Insurance Carriers Press Release 2013 Worst Insurance Carriers Press Release 2014 Annual List of the Best and Worst Diminished Value Insurance Companies (2015) After processing thousands of claims every year and receiving feedback on many of them, Diminished Value of Georgia, Atlanta’s #1 independent auto Appraisal Company

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Used Pickup Trucks to Avoid

  Used Pickup Trucks to Avoid Chevrolet GMC Silverado Colorado Avalanche Sierra Canyon Year 2000 Problem Car Problem Car 2001 Problem Car Problem Car 2002 Problem Car Engine Problem Car 2003 Problem Car Engine Problem Car 2004 Problem Car Engine Engine Problem Car Engine 2005 Problem Car Engine Engine Problem

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Diminished Value and Taxes, IRS form 4684

As tax season approaches and with all the advertising about tax savings one wonders about all the tax forms and deductions available for ordinary citizens. Today, we’re looking at IRS form 4684, casualties and thefts. IRS Tax Form 4684 (pdf) IRS Tax Form 4684 Instructions The Internal Revenue Service (IRS)

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Auto Market Performance Q1 2017

Auto Market Performance Q1 2017 Best Market Performance in Nine Months Volume-weighted, overall car values decreased by 0.35% last week. This is better than the average depreciation rate of 0.43% seen in the previous four weeks. In car segments, Premium Sporty Car, Prestige Luxury Car, Sporty Car, and Near Luxury

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Joseph Sosnowski USAA

Joseph Sosnowski, CPCU | Physical Damage Specialist | Auto Physical Damage Auto, Security, & Recovery-Physical Damage, P&C Insurance Group, USAA (PHX) 9800 Fredericksburg Road, San Antonio, Texas 78288 Phone: (623) 715-8350  |  Fax: (877) 405-5792 joseph.sosnowski@usaa.com    Is his person difficult to work with? Does he handle claims unfairly and unprofessionally?

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OCGA § 33-23-1 AGENTS, AGENCIES, SUBAGENTS, COUNSELORS, AND ADJUSTERS

OCGA § 33-23-1 2015 Georgia Code Title 33 – INSURANCE Chapter 23 – LICENSING Article 1 – AGENTS, AGENCIES, SUBAGENTS, COUNSELORS, AND ADJUSTERS (a) As used in this article, the term: (1) “Adjuster” means any individual who for a fee, commission, salary, or other compensation investigates, settles, or adjusts and

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Incentive Spending in December

Incentive Spending in December   The ALG estimates that average incentives on new vehicles spiked 20% to $3,673 in December 2016 compared with December 2015. Among the biggest spenders on December discounts were the Detroit 3 and Volkswagen Group. Subaru also has been able to offer some of the industry’s

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U.S. Car Industry December 2016

U.S. Car Industry December 2016   Another Great Year for Car Market Overall sales rose by more than 56,000, or 0.3% over the 2015 record. It was the seventh straight year of sales gains, with December’s final push in 2016’s to 17,539,052 cars and light trucks. Companies to notice are

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Top-10 Car Industry Market Share In 2016

Top-10 Car Industry Market Share In 2016   Leaders Of The Market Toyota and BMW are leading the market share race with Volkswagen slowly closing on them despite their diesel fuel emission tests scandal. Last year’s winner Hyundai is falling to the 4th place this year. But judging companies’ success

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Vehicle Value Depreciation Rate – January 11, 2017

Vehicle Value Depreciation Rate – January 11, 2017   Car Market Value Decline Overall car segment values decreased by 0.45% Sporty Car value declined the most by 0.87% Luxury Car value declined the most by 0.72% Premium Sporty Car value declined by 0.72% Prestige Luxury Car segments declined by 0.71%

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Vehicle Value Depreciation Rate – January 3, 2017

Vehicle Value Depreciation Rate – January 3, 2017   Value Decline Overall car segment values decreased by 0.42% last week. Prestige Luxury Car segment declined the most by 1.32% Luxury Car segment declined by 1.07% Premium Sporty Car segment declined by 0.73% Overall truck segment (including pickups, SUVs, and vans)

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Vehicle Value Depreciation Rate – December 23, 2016

Vehicle Value Depreciation Rate – December 23, 2016   Value Decline Overall car segment values decreased by 0.74% last week Sub-Compact Car declined the most by 1.03% Sporty Car declined by 1.02% Full-Size Car declined 0.93% Overall truck segment (including pickups, SUVs, and vans) values decreased by 0.53% Sub-Compact Crossover

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Vehicle Value Depreciation Rate – December 14, 2016

Vehicle Value Depreciation Rate – December 14, 2016   Decline Values Overall car segment values decreased by 0.64% last week. Near-Luxury Car declined the most by 1.32%. Sub-Compact Car declined 1.30%. Luxury Car segments declined 1.10%. Overall truck segment (including pickups, SUVs, and vans) values decreased by 0.65% last week.

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USAA Diminished Value Letter

Action: Appraisal Clause Dispute Resolution of Diminished Value. Introduction: This report has been prepared to determine the potential impact to Claimant 2014 Honda Odyssey value as a result of a collision loss dated 7/5/2016. Diminution in Value: Georgia courts have said that a person’s diminishment of value is the difference

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Vehicle Value Depreciation Rate – November 23, 2016

Vehicle Value Depreciation Rate – November 23, 2016 Market Decline Rates Overall car segment values decreased by 0.69%. Sporty Car declined the most by 1.22%. Premium Sporty Car declined by 0.84%. Compact Car segments declined by 0.79%. Overall truck segment (including pickup, SUVs and vans) values decreased by 0.66%. Mid-Size Crossover/SUV

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Atlanta’s #1 Car Appraisers

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