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.
If your car has been declared a total loss in Colorado, you’re not alone. Many drivers find themselves facing confusing insurance valuations and settlement offers that feel far too low. Colorado has specific total loss laws that can significantly affect
Most insurance policies pay out Total Loss Settlements based on a vehicle’s actual cash value (ACV) for a geographic location. This is the amount the car was worth at the time of the accident in the area the accident
A client recently called DVAC. His 2021 Toyota Sienna with only 4387 miles on the clock was rear ended and totaled. He used his own coverage so that he would have his own insurance company looking after his
Slip sliding away. A young woman was referred to DVAC by her auto body shop. An at fault insured driver hydroplaned on I-95, in a panic the other driver slammed the brakes halting to a stop from 70Mph. As a
An owner of a 2017 Kia Sportage SUV with 84k miles on the clock recently contacted DVAC to review her insurance company’s total loss, actual cash settlement (ACV). Unfortunately she totaled her vehicle last July in a first party, at
Hurricanes, tornados, flash floods, avalanches, wildfires, you know, garden variety acts of God. Do you know anyone who has hit a deer!? Acts of God can ruin your day; not to mention your automobile! Let’s say that your vehicle is
If you have suffered a total loss or your vehicle was damaged by an at fault driver there are three prudent steps to take before accepting a settlement offer from the responsible insurance company: Locate a licensed Diminishment of Value
A client totaled his 2018 Subaru Forester with 21k miles on the clock. His insurance company stated that the actual cash value was $19,760 according to the CCC Report that they used. Unfortunately, the client owed just north of $23,000
If your car was totaled in a collision, there’s a good chance that the Insurance Company will use CCC Information Services to generate a valuation. They are usually way off the mark. Heard of vAuto? It provides all major valuation
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
