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Recover the True Value of Your Vehicle.
Case studies, expert insights, and essential tips to help you navigate diminished value and total loss settlements.
A client was recently involved in a wreck in his 2021 Toyota Tacoma TRD Off-road. His truck incurred just under $20,00o in damage restoration repairs. The vehicle sustained severe body/frame damage and underwent 2 hours of frame
Recently, DVAC was retained by a client to assess the diminished value incurred to their brand-new 4 month old 2022 Ford Bronco. The Bronco was involved in a wreck where the driver was not at-fault. The responsible insurance company
Ok, your vehicle has been damaged by an at fault insured driver. Once the at fault insurance company has accepted liability, you are ready to proceed. BTW, a deer running into your vehicle or other “acts of God” do not
At fault insurance companies often make comical responses when it comes to Diminishment of Value (DOV) claims. I think my favorite is “you are a 3rd party so you can’t invoke the appraisal clause and compel us to settle your
Ok, you’ve just been in an accident that you were not at fault. Even though you could have your claim handled by the other person’s at fault insurance company you might want to have the claim handled by your own
A drunk; unlicensed and uninsured driver rear-ended this truck. She was towing her boyfriend’s boat on the interstate. The uninsured; at fault driver hit the boat so violently that it ended up in the bed of the young lady’s truck.
We are often contacted when the at fault driver was a hit and run or uninsured/under insured motorist. How is Diminishment of Value (DOV) handled in these situations? Check your auto policy, make sure that you have an uninsured/underinsured
A Ferrari was hit by an at fault insured driver from behind pushing her into the boat. This was a complex liability situation. There was collision damage sustained by the Ferrari and the boat. These were paid by the at
DVAC is often contacted by those who have been improperly denied a diminishment of value (DOV) settlement because of a previous at fault incident. What is the correct way to respond to this issue? When DVAC handles multiple incidents we
How many times have I heard insurance adjusters say: “ Diminished Value figures are just opinions, prove it!” Well, in fact, some appraisers reports are just that, opinions that are not market based. Is it any wonder that so many
