Thursday, January 05, 2006

What can a licensed public appraiser do to help with a diminished value claim?

As the owner of Appraisal Group of America, I am asked not only if we are licensed appraisers but how can a public appraiser help in resolving diminished value or total loss claims. Licensed appraisers serve as an exclusive representative for the policy holder and as such, enlisting a professional may make the difference between the minimum amount that is offered by the insurance carrier and the maximum amount the owner is due.

A licensed appraiser is an insurance professional working for the general public. The appraiser holds expert knowledge on loss adjustments and is an expert at filing and negotiating the fair settlements of an insurance claim. Simply stated, a licensed appraiser is employed by the general public and works for his or her client’s best interest. This independent nature is in direct contrast with insurance companies who retain adjusters with a fiduciary duty to look out for their employer’s best interest.

The licensed appraisers at Appraisal Group of America know exactly what is needed by the insurance company not only to expedite settlement of their client’s claim but for the highest settlement possible. These timely settlements are buoyed by Appraisal Group of America who not only specializing in diminished value claims throughout the United States but the established, working relationship with the majority of their client’s insurance adjusters. To illustrate this process, assume a driver insured with Allstate was to be involved in a major collision with an uninsured driver. The insured driver is able to file for diminished value compensation under the uninsured motorist portion of their policy. Once the insured Allstate driver hires Appraisal Group of America the proverbial wheels are set in motion. Appraisal Group can conduct the inspection, write the comprehensive appraisal and negotiate the settlement due to the employment of a licensed appraiser.

Our services are engaged exclusively by policyholders, not the insurance company. We are experienced representatives who prepare and settle claims daily. This experience translates into a smooth and effective transaction allowing the client (who on average will have no more than one or two losses per lifetime), to focus on their daily activities of living.
Give Appraisal Group of America a call today! There is no charge for providing information and we are here to assist you with your insurance needs.

Are you ready for your appraisal?
Click here to request a FREE appraisal quote now!

0 Comments:

Post a Comment

<< Home