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Motorcycle appraisals in South Florida for Pre-Purchase, Financing, Insurance Replacement Value, Total Loss or Diminished Value purposes. Whatever your motorcycle appraisal needs are in South Florida, John or Tom can help. Text/call: 786-853-0711
What the insurance company won't tell you after a car wreck could mean getting paid thousands less than what your vehicle is actually worth. Find out how to get paid for what your car is worth!
If your vehicle has been in an accident, regardless of how well it has been repaired, it has suffered a loss of value, known as Diminished Value. To learn how to make a claim contact us at: call/text 786-853-0711 or johnl@autoappraisalnetwork.com
Has your vehicle, of that of a friend or family, been damaged in an accident recently? Has your insurance company declared it a Total Loss, or has it been repaired, now with Diminished Value?
Has your vehicle been damaged in an accident? Total Loss, or repaired now with Diminished Value?
Before you accept a check from the insurance company for your wrecked or totaled vehicle, doing this one thing could mean getting thousands more dollars for your car.
Find out what your car was worth prior to the accident. If you have been in an accident and it has been determined that your car is a total loss, your insurance company will need to pay to replace your car.
Sadie’s husband bought her a brand spanking new Cadillac for Christmas! With a big red bow on it just like you see in the TV ads! On December 30, with just 759 miles on it, coming home from Publix she was T-boned at an intersection by a red light runner!
Through no fault of her own, Amanda’s 2017 Hyundai Elantra was involved in an accident. It needed $3,902 in repairs, which was paid for by the at-fault driver’s insurance company. As a result of the accident, and despite the fact that Amanda’s Elantra was professionally repaired, it suffered ‘Diminished Value’, or a sudden loss of value.
We’re all familiar with Depreciation, right? It’s the gradual loss of value over a given time. So what’s Diminished Value? Let’s look at this scenario. Imagine that you are stationary at a stop light or sign and suddenly a negligent driver rear-ends your vehicle. Your vehicle has just suffered Diminished Value (also known as inherent diminished value or diminution of value).