Total Loss
Is Your Vehicle a Total Loss?
Are You Receiving Fair Compensation?
Are you dissatisfied with the total loss offer from your insurance company? It is possible that you may be entitled to a higher payout than what they have proposed.
In many instances, insurance companies rely on computer-generated algorithms to determine the value of a vehicle deemed a “total loss.” Unfortunately, these algorithms often overlook critical factors that could significantly increase the valuation. As a consumer, you may not be aware of these considerations.
While some vehicle owners attempt to negotiate with insurance companies independently when they believe the valuation is too low, they frequently encounter obstacles and achieve limited success. This is precisely where independent appraisers play a vital role, making a substantial impact on your behalf.
You possess the right to challenge the insurance company’s offer, and with the support of an independent appraiser you can effectively exercise this right. Ask your collision repair facility if they have an independent appraiser that they work with and trust.
Independent appraisers possess extensive industry expertise and knowledge. They comprehend the potential inaccuracies in their documentation and are well-versed in the precise documentation required to enhance your settlement.