We Maximize Your Total Loss Appraisal

Did the insurance company deem your car totaled? If you are unhappy with their offer, have the GOAT help!

Diminished Value Claims

Don't Lose Money on Total Loss Vehicle Valuations

You don’t have to accept the insurance total loss settlement offer.

If you’re not careful, you may lose money due to inaccurate vehicle valuations.

For consumers who are not familiar with the process used by the insurance industry to determine a totaled car value,

It can be challenging to detect these errors if you are unfamiliar with the totaled car value process.

It’s essential to hire an independent appraiser who can help you negotiate a settlement that accurately reflects your vehicle’s value.

DVGOAT specializes in total loss vehicle appraisals and can help you get the most out of your settlement.

Total Loss Appraisal, contact us

What is Loss Appraisal?

Loss appraisals focus on assessing the damage or loss incurred by a vehicle. It is often carried out in the context of insurance claims, accident investigations, or vehicle valuations.

When a vehicle is involved in an accident, a loss appraiser typically evaluates the damage’s extent and estimates the repair cost.

The loss appraiser examines the vehicle and conducts a thorough inspection. He then prepares a detailed report that outlines the damage and provides an estimated repair cost.

Loss appraisal for vehicles plays a critical role in insurance claims settlement. It helps determine the compensation or coverage amount to which the policyholder is entitled.

Moreover, it ensures a fair and accurate damage assessment, making a smoother resolution of the claim. The specific procedures for vehicle appraisal may vary depending on the involved parties’ jurisdiction, insurance policies, and practices.

What is the Calculation of Total Loss?

To calculate the total loss for vehicles, you divide the repair cost by its actual cash value (ACV) or market value.

To find the percentage of the ACV, divide the repair cost by the ACV and multiply by 100.

The car is declared a total loss if this percentage exceeds the predetermined threshold.

How do you Negotiate Total Loss Value?

Negotiating the total loss value of a vehicle involves working with the insurance company to reach a fair settlement. Here are some steps to consider.

  1. Gather Information: Collect all relevant documentation and information about your vehicle. For example, maintenance records, repair receipts, and recent appraisals or valuations. This evidence can support your argument.
  2. Research Market Value: Conduct thorough research to determine the fair market value of your vehicle. Look for similar make, model, year, mileage, and condition vehicles in your local market or online listings. It will help you establish a baseline value for negotiations.
  3. Document Pre-loss Condition: Provide evidence of your vehicle’s pre-loss condition. Gather photographs or videos showing the vehicle’s exterior and interior before the incident. Highlight its good condition and any valuable features or upgrades.
  4. Obtain Independent Appraisal: If you disagree with the insurance company’s initial valuation, consider obtaining an independent appraisal from a reputable source. A qualified appraiser or automotive expert can provide an unbiased assessment of the vehicle’s value, which may strengthen your negotiation position.
  5. Present Supporting Evidence: Prepare a detailed case and present all the relevant evidence. Include market research, documentation of pre-loss condition, repair estimates, and independent appraisals. Clearly articulate why you believe the initial offer is inadequate and provide compelling reasons for a higher total loss value.
  6. Communicate Effectively: Maintain open and transparent communication with the insurance company or the responsible party. Be professional, assertive, and respectful during negotiations. Clearly articulate your position and reasons for requesting a higher total loss value while being open to discussion and compromise.

Ready to Challenge the Insurance Company's Total Loss Settlement Offer?

There's a chance that the auto insurance company's offer for your totaled car doesn't match the actual market value. In that case, we suggest hiring our total loss appraisal service. With this service, you can get the following for just $350:

Total loss car appraisal backed by comparable market vehicles and all the documentation you'll need to maximize the settlement amount.

We'll guide you through negotiations with your insurance company. We will provide support and advice as you handle their questions and challenges during recovery.

We will act as your representative in the appraisal clause. Many insurance policies have this clause, which lets you hire your appraiser while the insurance company hires an independent one. We will negotiate with the other appraiser to help increase your settlement.

If you're looking to improve the amount of your total loss settlement, we've got you covered! Our satisfied customers have shared that their settlements increased by far more than the cost of our services. Our claims adjusters are here to help you with a free review. Contact us today to get the most out of your settlement.