Distracted driving might make for entertaining dashcam videos on social media, but it has increasingly become a deadly problem on America’s roads. A recent study by Bader Scott Injury Lawyers found that distracted driving kills thousands of people each year, with some states experiencing much higher numbers than others. In
Accidents can leave more than just physical damage to your vehicle; they can also significantly impact its market value. Understanding how car depreciation works post-accident and what steps you can take to claim compensation is crucial. In this comprehensive guide, we’ll delve into the essentials of car depreciation after an
Automobile sales are a cornerstone of the U.S. economy, exerting substantial influence across various sectors, boosting consumer expenditure, and generating considerable tax revenue. This article explores the diverse impacts of the auto industry, detailing its contributions to GDP, employment, manufacturing, and consumer spending behavior. The Role of Automobile Sales in
Introduction Looking to buy a new car in 2024 without spending too much? We’ve gathered the top 10 cheapest new cars of 2024, giving you great value without sacrificing quality. Whether you’re a first-time buyer or just want to save money, these cars are perfect for you. Let’s dive in
Imagine the year 2024, and the automotive world is abuzz with the latest developments in alternative fuel technologies. You’re standing at a crossroads—one path leads to a sleek electric vehicle (EV) charging at a modern station, while the other winds towards a hydrogen fuel cell vehicle being refueled in minutes.
Filing for diminished value after an accident can be tricky. Many people miss out on the money they deserve because they make simple mistakes. “Diminished value” (DV) means your car is worth less even after it’s fixed. But getting that money isn’t always easy. You might not know you can
In the complex world of insurance claims, disputes over the value of a loss are not uncommon. When policyholders and insurers find themselves at an impasse, the appraisal clause is a critical component of the insurance policy designed to resolve such disagreements. This provision allows for an unbiased review by
Once upon a time, in the bustling city of Atlanta, a car owner named Alex faced a dilemma that many of us might find all too familiar. After purchasing his dream car, a sleek, modern sedan that gleamed under the Georgia sun, disaster struck. A careless driver ran a red
Decoding the Total Loss Formula: Why Flooded Cars Qualify In the aftermath of a car accident or a natural disaster, the fate of your vehicle rests on a crucial decision made by the insurance company – whether to declare it a total loss or proceed with repairs. When it comes
Diminished Value Claims in Florida: Securing Fair Compensation for Your Vehicle In the aftermath of a car accident, the importance of understanding Diminished Value Claims in Florida cannot be overstated. With a limited four-year window for tort claims in the state, this guide is your key to maximizing compensation. We
When it comes to filing a diminished value (DV) claim, many vehicle owners may question its viability if their car already has a branded title. Branded titles signify significant damage, which can substantially affect a vehicle’s value. So, can you file a DV claim if your car has a branded
EV Tire Pollution Exposed: Unmasking the Hidden Culprit (PDF) As electric vehicles (EVs) gain popularity as an eco-friendly transportation alternative, concerns have surfaced regarding their impact on pollution levels. While much attention has been focused on tailpipe emissions, a little-known culprit has emerged – tire pollution. In this blog post,
California Fair Claims Settlement Practices Regulations: A Comprehensive Overview (PDF) When it comes to handling automobile insurance claims, fairness and transparency are vital. The California Fair Claims Settlement Practice Regulations outline crucial guidelines for insurers and policyholders. In this article, we will explore the key standards of Subchapter 7.5
List of the Largest 100 Part Suppliers to North America 2023 (PDF) Discover the industry leaders shaping the automotive landscape as we unveil the top 100 auto parts suppliers to North America in 2023. These companies play a vital role in providing cutting-edge components and technologies that drive vehicle development
Top 12 Electric Cars with the Longest Range of 2023 (PDF) The automotive industry is undergoing a profound transformation, driven by the increasing demand for eco-friendly transportation and stricter emissions regulations. Electric vehicles (EVs) are at the forefront of this revolution, offering not only a greener alternative to traditional gasoline-powered
Does the Tesla Model 3 qualify for the $7,500 EV Tax Credit? (PDF) Yes, according to Tesla (but not yet the IRS), the entry-level Tesla Model 3 qualifies for the full $7,500 federal tax credit. In a recent development that has caught the attention of electric vehicle enthusiasts, Tesla has
Tesla Sales Growth Slows Despite Price Cuts (PDF) According to new vehicle registration data, Tesla’s growth rate has slowed down in January and February 2023. Tesla’s share of the electric vehicle (EV) market dropped sharply in 2022 despite the automaker’s price cuts and the US government’s new round of federal
Used Cars That Appreciate Despite a Softening Market (PDF) Typically, automobiles don’t appreciate value. However, in 2022, the global market experienced an unprecedented shift, causing pre-owned cars to trade for an average of 8.5 percent more than new cars. Fortunately, the market has since returned to normal, and this is
The Road Ahead for Used Car Sales and Prices (PDF) As the pandemic continues to impact the global economy, the used car market is experiencing a significant shift. According to Laura Wehunt, VP of Automotive Valuations for Black Book, the demand for quality used units remains high, with inventory available
The Most Popular Car Models Across Generations (PDF) A recent report by S&P Global Mobility has revealed the most popular car models across different age demographics in the United States. While we are aware of the top-selling vehicles in the country, this study provides insight into the preferences of various
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
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