Case Study: How DVAC Secured $8,000 More for a Totaled Toyota Sienna
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 interests. Unfortunately some insurance companies are better than others. You are not always in “good […]
Case Study: How DVAC Secured an Extra $9K for a Totaled Truck
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 result the young lady swiped the other vehicle and then lost control, hitting a telephone […]
Total Loss Case Study 2017 Kia
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 fault accident. She owed $24k on her loan. As is often the case, her insurance […]
Total Loss Vehicle “Act of God” Scenario
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 totaled in an act of God scenario, are you covered? The short answer is yes […]
Total Loss Case Study: 2020 Chevrolet Colorado
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 (DOV) Total Loss appraiser. Your choice should have only excellent Google reviews and be located […]
Total Loss Case Study: 2018 Subaru Forester
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 and he did not have Gap insurance. As is standard with DVAC Total Loss Settlements, […]
Total Loss Settlements -CCC- is it Accurate?
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 services including: NADA, Kelly Blue Book, Black Book, MMR Auctions, Private Sales on a running […]
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 […]
