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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.
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
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
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
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
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
