by WWCadmin | Aug 24, 2022 | Blog Articles, Insurance Claim Appraisals, Total Loss Value
Invoking the Appraisal Clause You made your total loss claim and your insurance company came back with a settlement offer that is simply unacceptable. You can send pre-loss descriptions and receipts for maintenance and current comparables in an attempt to negotiate....
by WWCadmin | Dec 7, 2020 | 01 Time Sensitive Articles, Blog Articles, Diminished Value, Insurance Claim Appraisals
Diminution of value occurs when a vehicle is wrecked or damaged in an accident. The vehicle is subsequently repaired or restored to road-worthy condition, and the insurance company agrees to pay the auto claim for the repairs. The car is now inherently worth less,...
by WWCadmin | Apr 2, 2020 | Blog Articles, Insurance Claim Appraisals, Total Loss Value
If your vehicle has been in an accident, your insurer may tell you that your vehicle is a “total loss”. What does this mean to you, and how does it affect your claim and your vehicle? In some cases, a total loss does not mean that the vehicle is scrap metal, and the...
by WWCadmin | Jan 16, 2020 | Blog Articles, Diminished Value, Insurance Claim Appraisals
What Is Diminished Value?: Diminished value is an amount of money owed to the vehicle owner by the at-fault insurance company for decreasing the market resale value of the motor vehicle due to its significant repair history. Despite being fully repaired, the vehicle...
