Friday, December 9, 2011

AUTOMOBILE DIMINISHED VALUE IN FLORIDA - HOW YOUR APPRAISER, LAWYER AND EXPERT WITNESS AFFECT YOUR LOSS OF VALUE CASE AGAINST AN INSURANCE COMPANY

AUTOMOBILE DIMINISHED VALUE IN FLORIDA
MIAMI, Florida - If your automobile is damaged in a collision that was the fault of another driver, according to Florida laws you are entitled to make a claim for Automobile Diminished Value. Most consumers know that the adverse insurance company's claim center will pay for repairing your car but most are oblivious to the fact that they can get compensation for the car's loss of value. When it comes time to sell or trade-in your car, you'll likely receive a minor shock when you discover that a dirty Carfax is now permanently attached to it. The news probably won't be good. Sometimes consumers face losses of value in the thousands of dollars. The only remedy is to file an Automobile Diminished Value claim in a timely manner. Whether to hire a lawyer is a different issue but you are definitely going to need a licensed appraiser. Make sure that your appraiser is from Florida because if you come up against an unscrupulous insurance company, you'll need him as an expert witness. One last piece of advice - at St. Lucie Appraisal, we contact individual new car dealerships to obtain actual quotes regarding your vehicle's loss of value. Beware of lawyers and appraisers who prepare their reports using formulas or specialized software. Insurors can and will dispute those types of evaluation methods. Actual opinions of the dealers who actually buy automobiles aren't so easy to challenge.

Attorneys don't always have your best interests at heart so good references are a must. Recently we inspected an automobile with heavy collision damage; front, center and rear, that should have been considered a total loss by the insurance company. Totaling the car would have resulted in the owner's receiving the fair market value from the insuror instead of having to endure a Carfax and fight for loss of value. The attorney, however, tried to convince the owner not to demand that the insuror total the car. Of course, the man fired his lawyer on the spot. It was quite transparent that a diminished value claim would have resulted in a fee for the attorney while a total loss result would not. The St. Lucie Appraisal Company handles Automobile Diminished Value claims in Florida only because if we need to appear as a licensed expert witness, we can. Florida's insurance consumers have choices after a collision loss. Either hire an unlicensed, out-of-area lawyer or appraiser who uses "specialized software" or hire us.

The St. Lucie Appraisal Company
P.O. Box 2700
Fort Pierce, FL 34954
Phone: (772) 359-4300
Fax: (772) 466-8400
Email: contact@stlucieappraisal.net

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http://stlucieappraisal.net/
AUTO & PERSONAL PROPERTY
SERVICE THROUGHOUT SOUTH FLORIDA

paypal payment button The fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300. Credit card payments can be made on the PayPal page. Click on "Don't have a PayPal account?" to be taken to the secure credit card payment page. 

After making your secure payment please email the body shop estimate or the insurance company appraisal to contact@stlucieappraisal.net or FAX to 772-466-8400.

NOTE: TESLA OR OTHER EXOTIC CAR OWNERS PLEASE CALL 772-359-4300 TO ARRANGE FOR AN AUTOMOBILE DIMINISHED VALUE APPRAISAL.