TOP 10 APPRAISED VEHICLES OF 2019

Below is a list of the top 10 vehicles appraised for Diminished Value for 2019.

 

Rank Make Model Percentage Count
1 Toyota Camry 4.86%                                                             521
2 Ford F150 2.96%                                                             317
3 Honda Accord 2.73%                                                             292
4 Toyota Corolla 2.58%                                                             276
5 Honda Odyssey 2.46%                                                             264
6 Nissan Altima 2.39%                                                             256
7 Toyota Sienna 2.15%                                                             230
8 Chevy Malibu 1.67%                                                             179
9 Dodge Ram 1.43%                                                             153
10 BMW 3-Series 1.29%                                                             138
  Other Vehicles 75.48%                                                         8,085

2019 Diminished Value Appraisal Stats

  • Claims Reviews where the insurance offer was fair: 15%
  • Highest Diminished Value Appraisal Amount: $32,600
  • Average Insurance company offer: $430
  • Average Appraisal Amount: $2,850
  • Percentage of Claims Settled with First Demand : 74%
  • Percentage of Claims Settled after Demand + Follow up: 91%
  • Percentage of Claims that went to trial in 2019: 4.5%
  • Settlement amount as percentage of DVGA Appraisal: 80%
  • Most Difficult Insurer to work with as reported by our clients: State Farm
  • Percentage of third party claims: 62%
  • First Party claims that went to umpire: 16%