How to maximize your total loss auto claim
Maximize your total loss auto claim
November 23, 2020
If you and your insurance company are in a disagreement on the amount of loss or the scope of damages during a claim settlement, and the company refuses to negotiate, you have an option to settle the claim by invoking an appraisal clause in your insurance policy.
You may be familiar with the term “appraisal” as it relates to getting a professional opinion on the value of real estate or personal property. However, most policyholders are not familiar with the insurance appraisal process. When the two parties are unable to agree on the amount of money an insurer should pay to settle a claim, it is likely that there will be a nonjudicial means of resolving disputes between insurers and insureds.
I’m Marty Ruth, owner of Auto Appraisal Network – Detroit. I have more than thirty years’ experience in helping clients maximize their auto insurance claims settlements. You need to know that your insurance company, isn’t always a good neighbor. Their employees are trained in applying “the law of averages” to settle claims in the insurance company’s favor. What does this mean to you?
This means your insurance company isn’t paying you for what your auto is worth. Processing hundreds of millions of dollars of auto claims per day makes your insurance company an expert in predetermining client agreeability. They know most insureds won’t question a total loss settlement that’s based on “average” comparable vehicles. See if any of this sounds familiar:
· We ran a valuation on your car…
· Cars like yours in the market are selling for…
· The shop did a condition report on your car…
· There’s a Carfax report for prior repair on your car so its worth less money than Kelly Blue Book
· NADA on your vehicle is…
If any of these phrases sounds familiar, you need to call me before you settle your auto claim for less money than you’re due. Last week, I helped a client with a 1995 BMW increase his auto claim by $13,000. Progressive insisted Kelly Blue Book and NADA valued his car at $10,000. He did the smart thing and called me for help. I instructed the customer to invoke his policy’s “appraisal” clause and then I went to work for him. Auto Appraisal Network - Detroit wrote a Prior-to-Loss appraisal and negotiated with Progressive insurance for a total settlement of $23,000.
You need a professional appraiser to represent you during your insurance settlement. Contact me for a “no charge” initial review of your total loss settlement. Don’t be average!
Tags
All blog agreedvalueinsurance makinganinsuranceclaim autoaccident insuranceclaim caraccident mycarisworthless notmyfault classicfun mycarstotaled buyingaclassiccar dreamcarpurchase financeappraisal prepurchaseautoinspection buyingacar buyingamotorcycle diminishedvalueclaim classiccarvalue legendaryvehicles classiccarappraisal sellingaclassiccar whatsmycarworth howmuch honestcarmechanic dreamcars totallossautoclaim Carvana certifiedusedcar preownedvehicles preownedcars collisionrepairs usedcarpurchase buyingausedcar newtoyounewcar total loss collisionrepair autobody carfax bankruptcy debtcollectors collections classiccar dreamcar titlebond cartitle boattitle motorcycletitle harleydavidson classicmotorcycles harleydavidsonclassics customporsche custom911 fastcars customcars LT1porsche ProfessionalAppraiser classiccorvette finanaceappraisal campertitle appraisernearme autoclaim totalloss autoappraisermichigan mycaristotalled mycaristotaled insuranceappraiser appraisalclause independentappraiser totallossclaim carappraisal motorcycleappraisal rvappraisal autoinspector autoinspection carinspector carinspection pre-purchaseinspection prepurchaseinspection Detroitcars Michiganautoinspector historicdetroit michigancarinspector Michiganautoinpsection classiccarinspection classiccarinspector ExpertCarAppraisals righttoanappraisal insurance claim insurance settlement Insurance Adjuster Custom car appraisals Michigan Car Appraiser Motor City Auto Appraisers Cadillac Escalade Appraisal Insurance Payout Dispute auto appraisal car appraisal dispute vehicle appraisal accident claims challenge insurance total loss valuation appraisal clause insurance appraisal clause CCC auto valuation Mitchell auto valuation insurance appraisal insurance claim tips appraiser near me increased settlement insurance settlement examples independent appraisal insurance claims independent appraisal benefits insurance negotiation tips car accident value reduction appraiser vs insurer insurance payout independent appraiser insurance claim negotiation insurance dispute appraisal cost insurance claim help low insurance offer independent vehicle appraisal insurance appraisal benefits insurance negotiation insurance settlement increase insurance offer low independent auto appraiser appraiser negotiation independent total loss appraisal Cincinnati totallossadjuster car appraisal report auto appraisal guidelines auto appraisal process car appraisal reports car appraisal process auto appraisal fees car appraisal services AIautoappraisal certifiedautoappraiser autoappraisernearme carappriasal classiccarappraiser independent car appraisal increase insurance settlement increase settlement auto insurance appraisal car accident appraisal auto appraisal benefits independent appraisalsFacebook Feed
Can artificial intelligence accurately determine your vehicle's value, or is it putting your total loss insurance settlement at risk?
Artificial intelligence (AI) is transforming the auto appraisal industry. Independent auto appraisers are increasingly able to use AI-powered tools to research comparable vehicles, analyze market values, and generate professional-looking appraisal reports in minutes.
Insurance Company Totaled Your Car? How the Auto Insurance Appraisal Clause Can Help You Get a Higher Settlement
Your insurance company says your car is worth $5,200. Our certified auto appraisers negotiate a $9,330 settlement. That's nearly 80% MORE!
How to get insurance companies to pay for your totaled car
So, you've been in an accident and the insurance company is totaling your car but is refusing to pay you the full value of your vehicle, what can you do about it? You need to hire an experienced independent appraiser and invoke "your right to an appraisal." Here's how you go about getting paid.
On the Road with Marty
Happy Holidays! We're open during the holidays for appraisals and pre-purchase inspections.
Don't Roll Over and Accept the Insurance Company's Total Loss Settlement Offer copy
Are you tired of haggling with the insurance company just to get paid the fair market value for your vehicle? Contact Auto Appraisal Network-Detroit. We'll get you paid what you're owed for your total loss claim.
Don't let the insurance company underpay your total loss claim. Hire an auto appraiser to get you paid.
If you think the insurance company is underpaying you for your vehicle's full value, they probably are. Don't make a mistake and hire an appraiser who represents the insurance companies. Call Auto Appraisal Network-Detroit. We only represent the insureds.
Get paid what your car is worth by the insurance company
If you've recently been in an accident and the insurance company is totaling your vehicle you will want to read this.
Don't let a car accident wreck your finances
Hire a certified appraiser to help with your total loss settlement
Been in an accident that wasn't your fault - You're owed money
What your insurance company isn't telling you is costing you thousands of dollars.
How to maximize your total loss auto claim
The insurance company is offering you less than you think your car is worth. Know your rights, hire a professional appraiser.