Why Vehicle Condition, Not Category Averages, Drives Diminished Value
New wholesale data shows vehicles priced by individual condition, not category averages. Here’s what that means if you’re fighting a diminished value or total loss
Appraiser Blog
Explore the latest in appraisals and valuations. From industry trends to practical advice, we’re here to guide you through the complexities of valuing assets.
Letter of Representation vs. the Appraisal Clause: Why Your Appraiser Does Not Send One
Insurers sometimes demand a letter of representation to invoke the appraisal clause. The policy never requires it. Here is how to respond and keep moving.
How AI Insurance Claim Valuation Is Deciding What Your Car Is Worth
In 2026, software often decides your car’s value before an adjuster looks at the file. Here is how AI insurance claim valuation works, where it
How the Aging U.S. Fleet Is Changing Total Loss and Diminished Value
The average car on U.S. roads is nearly 13 years old, and that shift is pushing more vehicles into total loss while making valuations easier
Drivers Are Dropping Full Coverage to Save Money. Here Is What That Means When You Get Hit.
Nearly 1 in 4 Americans downgraded or canceled auto insurance in the past year, and 8% dropped from full coverage to liability only. If someone
How the Vehicle Affordability Crisis Affects Your Insurance Claim
With average new vehicle prices holding near $50,000 and nearly a third of trade-ins carrying negative equity, the vehicle affordability crisis is directly widening the