Total Loss Case Studies: A Compilation
A total loss vehicle is when the cost of restoration is greater than 75% of the overall vehicle value. Once your vehicle reaches this point, it makes more sense to accept it as a total loss. Your insurance company has their idea of what your car is worth, and so do you. How do you […]
How Accurate is Carfax?
Most people have heard of Carfax. It is quite helpful in determining whether or not you should purchase a used vehicle. A Carfax record will report any accident or damage and all the repair records on a vehicle. Or do they? Are there things that Carfax will not tell you? Carfax is one of the […]
Post Accident Checklist
It is always important to document in the most detail possible what happened when you were in an automobile accident. Attached is a list of musts! The more information you can provide, the more likely you can cover your six o’clock when it comes to determining you were not at fault!
Appraisal Clause in North Carolina
Invoking the appraisal clause for your diminished value claim If you have been involved in an accident, you may have a diminished value claim for your vehicle, so long as you were not the at-fault driver. Diminished value claims are often neglected, as most individuals are not aware of their right to make a diminished […]
Diminished Value Case Studies: A 2020 Compilation
An owner of a 2017 Jeep Wrangler Sahara had his vehicle damaged by an at fault; insured driver. The insurance company paid $9752.33 for the collision restoration, but when the Jeep’s owner inquired about diminished value the adjuster stated “your vehicle hasn’t lost any value, but as a courtesy we will give you $500.” At […]
