Licensed Appraiser
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 gap between what insurers offer and what your car is actually worth. Here is what that means for your diminished value or total loss claim.
Distracted driving violations have surged 57% since 2022, putting more vehicles on the road with accident history and permanent value loss. Here is how the trend affects your car and what you can recover.
Mid-size cars posted their eighth consecutive weekly decline while mid-size crossovers extended their losing streak to eleven weeks. Here is what the wholesale data means for your insurance claim, your settlement, and why acting now matters.
