What is diminished value?
Diminished value is the reduction in resale value that a vehicle suffers after having required physical damage repairs. It is abbreviated as DV or referred to as a DV claim. This is how it will be mentioned on this site.
Most customers indicate they will not consider purchasing a vehicle that has been involved in an accident. Those that do consider it expect a large discount before making the purchase. The pre accident sale value minus the discounted sale value is the diminished value amount.
Do I have a DV claim?
In most instances, if your vehicle had enough damage to require repairs at a collision shop then it has suffered some amount of diminished value. Please take a moment to fill out our consultation form. We will advise you whether or not you have a DV claim. This is a FREE service. It costs you nothing to better educate yourself and make an informed decision.
How do you know what a fair DV amount is?
The insurance company has told you that your car has not suffered any DV. Maybe their formula calculated zero DV because your vehicle had more than 100k miles. Alternatively, they have made an offer or may have even mailed you a check for DV. In either case you need an independent evaluation of your particular claim. The insurance company is in business to make money, not to look out for your best interest. Put our extensive experience to work for you.
How are total loss values calculated?
Georgia has a specific statute that governs the valuation of automobile total losses. All too often this law is disregarded by insurance carriers when calculating their total loss settlement offers. We can get the evaluation corrected to comply. When filing the claim through your own insurance carrier, we can negotiate a better actual cash value for your car. Ask us how.
Why use our service?
Wolverine Appraisal is one of just a few independent DV and Total Loss experts that solely works with individual consumers. In a lot of instances, once hired to represent you as your appraiser in your claim, we can directly negotiate the amount of diminished value or the actual cash value of your total loss by utilizing the terms of your insurance policy.
Before contracting with any auto appraisal service, always ask whom they work on behalf of the most. Are they a consumer advocate, or is most of their income coming directly from the insurance companies?
Diminished value is the reduction in resale value that a vehicle suffers after having required physical damage repairs. It is abbreviated as DV or referred to as a DV claim. This is how it will be mentioned on this site.
Most customers indicate they will not consider purchasing a vehicle that has been involved in an accident. Those that do consider it expect a large discount before making the purchase. The pre accident sale value minus the discounted sale value is the diminished value amount.
Do I have a DV claim?
In most instances, if your vehicle had enough damage to require repairs at a collision shop then it has suffered some amount of diminished value. Please take a moment to fill out our consultation form. We will advise you whether or not you have a DV claim. This is a FREE service. It costs you nothing to better educate yourself and make an informed decision.
How do you know what a fair DV amount is?
The insurance company has told you that your car has not suffered any DV. Maybe their formula calculated zero DV because your vehicle had more than 100k miles. Alternatively, they have made an offer or may have even mailed you a check for DV. In either case you need an independent evaluation of your particular claim. The insurance company is in business to make money, not to look out for your best interest. Put our extensive experience to work for you.
How are total loss values calculated?
Georgia has a specific statute that governs the valuation of automobile total losses. All too often this law is disregarded by insurance carriers when calculating their total loss settlement offers. We can get the evaluation corrected to comply. When filing the claim through your own insurance carrier, we can negotiate a better actual cash value for your car. Ask us how.
Why use our service?
Wolverine Appraisal is one of just a few independent DV and Total Loss experts that solely works with individual consumers. In a lot of instances, once hired to represent you as your appraiser in your claim, we can directly negotiate the amount of diminished value or the actual cash value of your total loss by utilizing the terms of your insurance policy.
Before contracting with any auto appraisal service, always ask whom they work on behalf of the most. Are they a consumer advocate, or is most of their income coming directly from the insurance companies?
Contact me Today to start your claim! call: 770-296-3812 or fill the contact form.
