Diminished Value Appraisals
What is a Diminished Value Appraisal?
A Diminished Value Appraisal is the determination of the loss of value, suffered by a vehicle that has been damaged and repaired. Only a competent professional who has the required knowledge, training and experience can make this determination.
Our Diminished Value Appraisal Reports
Each of our diminished value appraisal reports include the following 10 elements:
- A detailed inspection of your vehicle to document options, condition and quality of repairs.
- A detailed review and analysis of your final repair documentation.
- A description of what happens to a damaged & repaired vehicle in the marketplace.
- A description of the type & extent of damage to your vehicle, including identification of structural, suspension and safety related components.
- A determination of the pre-damage value of your vehicle.
- A determination of the post-repair value of your vehicle.
- A determination of the diminished value of your vehicle.
- A listing of the background, experience and certifications of the appraiser who wrote the report.
- A professionally written report that complies with USPAP (Uniform Standards of Professional Appraisal Practice).
- Detailed instructions, sample claim demand letter and ongoing technical support
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Why Collision Claim Associates?
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