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Case studies, expert insights, and essential tips to help you navigate diminished value and total loss settlements.

Diminished Value

Monkey in the Middle

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

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car with a messed up front end from an accident
Diminished Value

Uninsured Motorist Diminished Value Situation

  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

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Diminished Value

Diminished Value Scenario with Previous Accident

DVAC is often contacted by those who have been improperly denied a diminishment of value (DOV) settlement because of a previous at fault incident. What is the correct way to respond to this issue? When DVAC handles multiple incidents we

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Diminished Value

Diminished Value: Market Fact vs. Opinion

How many times have I heard insurance adjusters say: “ Diminished Value figures are just opinions, prove it!” Well, in fact, some appraisers reports are just that, opinions that are not market based. Is it any wonder that so many

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case study

Diminished Value Case Study 2017 F-250

The owner of a 2017 Ford F-250 Lariat with crew cab and a diesel power plant had his truck hit and totaled by an at fault; insured driver. With only 61k miles on the clock, the truck was in pristine

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Stated Value

Stated Value Policy: Why It Is Important

DVAC was recently contacted by the owner of a highly modified Ford F-350. The vehicle had over $20k worth of high quality modifications: ceramic exhaust system; heavy duty upgraded suspension; special wheels and tires, just to name a few. Unfortunately,

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case study

Diminished Value Case Study: 2021 Subaru

Our client was hit by an at fault insured causing $7235 in damage to his brand new 2021 Subaru with only 489 miles on the clock. As appropriate, the at fault insurance covered the collision repairs including two supplemental changes.

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