Trust DVAC to
Recover the True Value of Your Vehicle.
Case studies, expert insights, and essential tips to help you navigate diminished value and total loss settlements.
Modern enthusiasts have it great. Amazon, eBay, Craigslist, Facebook Marketplace—all of these databases provide instant access to new and used parts for your car. It wasn’t always so simple. Those of us restoring a collector car are keenly aware that
The Coming Storm After a hurricane there are always people who buy branded vehicles, clean them up, and take them to another state where they a “clean” title is obtained. Their next step is to trade-in the vehicle out of
One of the most important additions to your insurance policy just might be GAP insurance. If you total your late model car and you are financing, particularly in the current automotive markets, your Actual Cash Value (ACV) is often less
Some mistakenly select a Diminishment of Value source by shopping for the consultant who promises to get them the highest settlement. This might sound like a great idea, but it usually is not. Why? Many of these “experts” are either
NORTH CAROLINA, SOUTH CAROLINA,MARYLAND, TEXAS, NEW YORK, WISCONSIN, ILLINOIS, NEVADA are just a few of the states you can challenge anything about your auto claim. Repair cost, repair procedures, parts, repair vs replace, PDR vs conventional, storage fees, admin fees,
All vehicles manufactured in the last five years have specific mechanical and body repair procedures. In fact, many, like BMW, Lexus, Mercedes and TESLA require that their vehicles be repaired in a certified repair facility staffed by highly trained technicians.
In all fifty states the appraisal clause is either required or is an option for the insured and the responsible insurance company to resolve differences. This is particularly appropriate with Diminished Value and Total Loss Settlements. If the insurance company
What is diminished value? Generally, speaking, it is the loss of resale value due to the fact that the vehicle has been in an at fault accident. You are entitled to recover this loss of value with a diminished value
Where are you geographically located? For example, do you want someone located on the West Coast when you are located in Florida or North Carolina? Are they a licensed diminished value appraiser in your state? Will they walk with you
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
