Car Crashes that involve a Total Loss Can Include Diminished Value Claims that the Insurance Company are Obligated to Pay.

Portland, Ore. – Automobile accidents happen all the time and when they do the insurance company sends out an adjuster for an auto appraisal to determine the extent of the damage and calculate the amount they will pay out. Usually the claims adjuster gets two to three estimates from the owner, assesses the best value for the insurance company to pay on and then approves to have the car fixed. Simple.

But often times, and especially when the car is a total loss, the repairs done will never fully restore the auto to its original condition and level of performance. Even though the shop fixed the vehicle to near perfection, unless you plan to keep the car until there’s nothing left but rust the auto will never have the same resale value prior to the accident. It is for this reason that an auto appraisal for ‘diminished value claims‘ needs to be done and it would be best done by an independent auto appraisal expert.

According to independent auto appraisal diminished value claims authorities at www.autoloss.com;

“Many times a frame or structurally damaged vehicle cannot be sold as a ‘certified used vehicle.’ This will impact the vehicle’s value by as much as 40%! This is where diminished value claims come in, it’s not just about fixing your car; it’s about compensating you for the diminished value.”

The importance to getting diminished value claims filed is the fact that your car now has a record of the accident which means there is no escaping the fact when you try to either trade it in or resell it. The amount your car is now devalued at due to the damage could turn a decently priced used auto into a total loss. This value, according to consumer organizations can be as high as 18%.

Never assume that the insurance company will include this as part of their adjustment. The auto appraisal done by the adjustor has only the insurance company to look out for and not the consumer. In some states insurance companies may only pay diminished value claims if the owner is not at fault while other states consider blame irrelevant.

For more information on independent appraisals and diminished value contact Terry Fisher at www.autoloss.com and get a free quote online for your diminished value appraisal. Call them Toll-Free at (877) 655-1661.

About Autoloss.com:

Since 1996, Appraisal Group of America has been involved in appraising 1000’s of cars, import as well as domestic, trucks, exotics, RV’s, automotive tools, collector cars, semi-trucks, heavy equipment and boats. The company has developed a client list which includes The Federal Bureau of Investigation, Drug Enforcement Agency, United Stated Marshal Service, United States Dept of Justice, NW Investment Cars, GMAC, Ford Motor Credit, Mazda American Credit and numerous influential lawyers as well as credit unions, banks, and other financial institutions in the nation.