Total Loss Car Appraisal

Was Your Car Declared A Total Loss After an Accident,Theft or Flood?
Collect Your Vehicle’s Actual Cash Value by Ordering an Independent Appraisal Report.

Diminished Value of Georgia Offers Real Solutions That Will Help You Maximize Your Total Loss Payout From an Insurance Claim.

 

WHEN IS A CAR DECLARED A TOTAL LOSS?

Automobiles are declared a total loss by an insurance company if and when the anticipated cost of repair is greater than the vehicle’s actual cash value or a percentage thereof.

In some cases, repairing a seriously damaged vehicle is simply impractical, even though the repair costs would not likely exceed cash value.

Insurers may decide to “total” a car or truck in this situation and they do that by paying the vehicle’s market value before the accident.

Total Loss Scenarios

Actual Cash Value Repair Cost Damage to Value Diminished Value Decision
$10,000$12,000120%N/ATotal Loss
$10,000 $8,000
80%
N/ATotal Loss
$10,000 $5,000
50%
$1,500
Repair
$30,000
$21,000
70%
$4,500
Total Loss
$30,000
$15,000
50%
$3,500 Repair
$30,000
$10,000
33%
$2,500 Repair

WHEN IS A CAR DECLARED A TOTAL LOSS

GET FAIRLY COMPENSATED FOR YOUR TOTALED CAR

Diminished Value of Georgia, a licensed car appraisal company,  offers vehicle valuation reports to clients involved in a car accident and want to challenge the insurance company's unfair settlement offer.

 

 

total-loss-value-difference

 

We offer a free claim review or quote as well as desk appraisal reports.

Total Loss Free Quote
$0
• Not sure if the insurance company is offering you a fair price for your vehicle?
• Order a Total Loss Claim Review and find out your vehicle’s Actual Cash Value.
total-loss-claim-review
REQUEST
Total Loss Desk Appraisal
$175
• The valuation report you need to submit to the carrier as proof of loss
• 5 to 7 page document and includes a list of comparable vehicles
• Includes a demand letter
• USPAP compliant and industry standard
• Inspections available for $125 extra
total-loss-appraisal-report
ORDER

TOTAL LOSS CLAIMS IN GEORGIA

Once a vehicle has been declared a total loss, questions of valuation can become particularly thorny and the subject of significant disagreement between claimants and their carriers. Insurance companies will commission an appraisal of the vehicle in question and inform the policyholder of their valuation assessment. Georgia law provides for multiple claims valuation methods, including the cash equivalent method or the replacement vehicle method. It is important for car owners to keep in mind that they have the right to refuse that determination and begin a dispute process by hiring an appraiser of their choosing. When concerns arise about the fairness of the value assessment provided by the insurer, this option should indeed be exercised.

Hire your own total loss car appraiser

As is almost always the case, an auto insurance carrier will make every attempt to reduce the value of a policyholder's claim. For this reason, an unfairly low appraisal value may be provided in the aftermath of a total loss event. The difference between an insurer's appraisal amount and that reached by an independent appraiser can sometimes be substantial, and it is in the vehicle owner's best interest to secure a second opinion, so to speak. Georgia auto insurance policies typically contain a so-called “appraisal clause” articulating the holder's right to seek his or her own valuation assessment for the purposes of dispute resolution and claim settlement negotiations. As one of Atlanta's leading car appraisal companies, we look forward to helping you obtain the full value you are owed for your vehicle.

Review the insurer's valuation report

It is critical that a vehicle owner scrutinize the details of the insurance carrier's valuation report following a serious accident. Some of the most important elements to review for accuracy include:
  • Make, model and year description of the vehicle
  • Odometer reading
  • Trim level
  • Optional equipment
  • Assessment of condition
  • Comparable vehicle valuations (number used/location)
  • Adjustments for condition and mileage
  • Recent repair work and/or upgrades
  • Tax amount
It is often the case that the insurer's appraisal report will be inaccurate, potentially depriving you of the monetary value to which you are rightly entitled. Keeping a close eye on the criteria the carrier's appraiser used to assess the vehicle can prevent unnecessary loss.

Diminished Value of Georgia offers affordable, total loss car appraisal services

Our team of valuation professionals stand ready to provide owners with either a desk review or a field inspection of their totaled vehicle.

1- Total Loss Desk Appraisal: $175

This report is normally ordered when the condition assessment contained in the insurer's appraisal is not in dispute. This appraisal includes a USPAP compliant report, settlement negotiations directly with the carrier for first party claims is an additional $125 fee.

Order a Total Loss Desk Appraisal

2- Total Loss Field Appraisal:  $325

For cases in which the insurer's appraisal incorrectly characterizes the condition and other elements of the vehicle's value, we will need to conduct a physical inspection in order to provide an accurate determination. Field inspections cost $325 and include all aspects of a desk review as well as the added detail of an on-site examination. To schedule a field appraisal, please call 678-404-0455.

Additional total loss car appraisal resources
Our team of professionals is ready to provide unrivaled customer service and the most accurate total loss car valuations available in Greater Atlanta.

  1. Atlanta Car Appraisal Services
  2. Why Hire Diminished Value of Georgia for your Total Loss Claim
  3. Car Appraisal Information Center
Diminished Value of Georgia offers affordable, total loss car appraisal services for clients unhappy with the insurance company's cash value offer.
Vehicle Valuation Report for Totaled Automobiles
Date Published: 03/07/2019
Diminished Value of Georgia's team of professionals provided unrivaled customer service and the most accurate total loss car valuations available in Greater Atlanta. Clients achieved great results and increased their insurance claim settlement amount.
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