Revolutionized by AI: A New Era in Diminished Value Appraisals We are thrilled to announce the integration of artificial intelligence (AI) technology into our operations at Diminished Value Method, LLC. This technological pivot has not only modernized our entire business but also redefined our commitment to efficiency. Streamlined Appraisal Reports Our revamped appraisal reports are …
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Unmasking the Impact of Diminished Value on Total Losses: A Closer Look at the 75% Threshold In the insurance industry, a vehicle is often declared a total loss if repair costs exceed 75% of its actual cash value (ACV), known as the 75% rule. This article examines how growing trends in diminished value claims, especially …
Permanent link to this article: https://diminishedvaluemethod.com/revisiting-the-75-threshold-for-total-loss-evaluations-the-growing-influence-of-diminished-value-in-the-insurance-claims-industry/
The Challenge of Misleading Carfax Reports As a seasoned diminished value appraiser, I often grapple with the inaccuracies found in Carfax reports, a common issue in the automotive industry. In this blog, I’ll shed light on the challenges these flawed reports create and provide essential insights for potential car buyers. Addressing Carfax Report Discrepancies One …
Permanent link to this article: https://diminishedvaluemethod.com/the-frustration-of-inaccurate-carfax-reports-a-diminished-value-appraisers-perspective/
Debunking the Flawed Denial of Diminished Value Claims Based on Prior Accidents In recent times, a concerning trend has emerged in the insurance industry, whereby insurance adjusters are wrongfully denying diminished value claims based on the existence of prior accidents. This practice is flawed and misleading, as it fails to consider the impact of subsequent …
Permanent link to this article: https://diminishedvaluemethod.com/adjusters-denying-diminished-value-on-subsequent-accidents/
We’ve been doing a lot of testifying lately. The main difference between other appraisers and Diminished Value Method, LLC is our dedication to principals and integrity. Most of our competitors are providing appraisals nationwide. Although we have wanted to do this, we’ve refrained because we cannot provide the same accuracy as we do now by …
Permanent link to this article: https://diminishedvaluemethod.com/be-careful-who-you-use-as-an-expert-for-diminished-value/
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