Top 5 Vehicles Appraised Jan-Jun 2019

Below is a list of the top 5 vehicles appraised for Diminished Value for the first half of 2019.

 

Rank Make & Model  Appraisals  Percentage 
1 Toyota Camry                      314 5.05%
2 Ford F150                      163 2.62%
3 Toyota Corolla                      160 2.57%
4 Honda Accord                      155 2.49%
5 Honda Odyssey                      143 2.30%
  Other                   5,279 84.95%
  Total                   6,214 100.00%

2019 Diminished Value Appraisal Stats

  • Claims Reviews where the insurance offer was fair: 17%
  • Highest Diminished Value Appraisal Amount: $24,500
  • Average Insurance company offer: $450
  • Average Appraisal Amount: $2,700
  • Percentage of Claims Settled with First Demand : 76%
  • Percentage of Claims Settled after Demand + Follow up: 92%
  • Percentage of Claims that went to trial in 2018: 3%
  • Settlement amount as percentage of DVGA Appraisal: 81%
  • Most Difficult Insurer to work with as reported by our clients: State Farm with USAA a close second
  • Percentage of third party claims: 65%
  • First Party claims that went to umpire: 12%

Top 5 Vehicles Appraised Jan-Jun 2019