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 | F150 |
3 | Honda | CR-V | Honda | Accord |
4 | Honda | Accord | Toyota | Corolla |
5 | Toyota | Corolla | Honda | Odyssey |
2020 YTD Diminished Value Appraisal Stats
- Claims Reviews where the insurance offer was fair: 17%
- Highest Diminished Value Appraisal Amount: $28,500
- Average Insurance company offer: $550
- Average Appraisal Amount: $2,700
- Percentage of Claims Settled with First Demand: 78%
- Percentage of Claims Settled after Demand + Follow up: 92%
- Percentage of Claims that went to trial in 2019: 5%
- Settlement amount as a percentage of DVGA Appraisal: 82%
- Most Difficult Insurer to work with as reported by our clients: State Farm and USAA
- Percentage of third party claims: 56%
- First-Party claims that went to an umpire: 10%