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Top 5 Vehicles Appraised for Diminished Value in 2020 YTD

List of the top 5 vehicles appraised year to date for Diminished Value.  1 Toyota   Camry 3.83% 2 Ford  F150 3.46% 3 Honda CR-V 2.36% 4 Honda  Accord 2.28% 5 Toyota   Corolla 2.14%     2020 versus 2019    2020 2019 1 Toyota   Camry Toyota Camry 2 Ford  F150 Ford

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Sample Diminished Value Demand Letter

Sample Diminished Value Demand Letter (pdf) September 10, 2019 Vehicle Owner Address Line 1 Address Line 2 Insurance Company  Adjuster’s Name Address Line 1 Address Line 2 Claim #: (example 123456-2) Date of loss:  (example 11/14/2018) At-Fault Driver’s Name   Dear ________, With regards to the insurance claim referenced above,

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Top 15 Most Common Diminished Value Questions

Top 15 Most Common Diminished Value Questions Asked by our Customers: Q1: Can I file a Diminished Value claim against my own policy? YES. In Georgia, even if you’re at fault, your insurance company is required to compensate you for your loss in resale value on an accepted claim. There

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Settlement Funding Rates, Pros and Cons

What is Settlement Funding? Settlement Funding, otherwise known as Pre-Settlement Funding, Littigation Funding,  Lawsuit Loans, Lawsuit Cash Advance, Litigation Advance Loan, or Lawsuit Advance Loan is a type of unsecured loan offered to plaintiffs at an interest rate that is usually way above market. This loan is a type of non-recourse

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Toyota Camry VIN Interpretation

VIN Definition   VIN Interpretation Manufacturer: Toyota (1983 – 2019)   Key Digits 1   2   3   4   5   6   7   8   9   10   11   12-17 Digit 1 : World Source 4 =  USA (1989 – 2019) J =  Japan (1983 – 2019)    Digit 2 : Manufacturer T =  Toyota (1983 – 2019) Digit 3 : Vehicle Type 1 =  Passenger

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Tips for Buying a Car at Auction

Car auctions give an efficient and streamlined way for sellers to dispose of their inventory and for buyers to purchase cars at a reasonable price. The top inventory sources at a car auction are: Vehicle Inventory Sources at Auction Captive Finance / Off Lease 31.86% Dealer Consigned / Trade-In 21.62%

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Diminished Value Story

Diminished Value Story – Appraisal Engine Video Script: Alice is driving her beautiful new car when all of a sudden Eric who’s distracted rear ends her! Oh no! Alice’s new car is now damaged. Eric’s insurance company gives Alice money to fix her car Now Alice goes to sell her

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2017 Year End Review

Appraisal Engine releases its annual report:  More than 11,200 retail customers served. Appraisal Engine Inc., the highest-ranked vehicle valuation firm in the southern U.S., is celebrating a record year of helping consumers earn their rightful compensation from insurance carriers. In 2017, Appraisal Engine received assignments from more than 11,200 accident

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Goldfein Claims Management Loses at Trial

Gwinnett County, GA. 05/03/2017 Goldfein claims management filed an appeal with the Gwinnett county superior court after their DV case was lost at the magistrate court level. The superior court granted the defense’s motion for a summary judgment yesterday after hearing preliminary arguments in the case. The suit was for

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N.C. General Statute 20-279.21(d1) / Appraisal & Diminished Value

North Carolina General Statute 20-279.21(d1) (d1) Such motor vehicle liability policy shall provide an alternative method of determining the amount of property damage to a motor vehicle when liability for coverage for the claim is not in dispute. For a claim for property damage to a motor vehicle against an

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Georgia Total Loss / Salvage Rebuilt Process

Was your car declared a total loss? Do you want to retain it as a salvage and then rebuild it? This article describes the process in Georgia. Since you are retaining your salvage vehicle, you must understand that for your vehicle to be legal on Georgia roads it must: Have

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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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Vehicle Value Depreciation Rate – November 16, 2016

Vehicle Value Depreciation Rate – November 16, 2016   Overall car segment values decreased by 0.46%. Prestige Luxury Car segments declined the most by 0.87%. Sub-Compact Car segments declined by 0.68%. Overall truck segment (including pickup, SUVs and vans) values decreased by 0.34%, lowest we have seen in the previous

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GCA’s 104th Annual Fall Conference & Trade Show

Diminished Value of Georgia is a proud sponsor and exhibitor at GCA’s 104th Annual Fall Conference & Trade Show. Booth Number: 315 Attendee Brochure for the complete conference schedule and class information! 5-8 p.m. Thursday – Vendor Set-up 8 a.m.-8 p.m. Friday – Trade Show Open 8 a.m.-5 p.m. Saturday

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Atlanta’s #1 Car Appraisers

The Free Estimate Game:

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