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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.
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
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
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
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
