A Total Loss Claim occurs when the cost to repair your damaged vehicle exceeds the insurer’s defined threshold for its pre-accident value. The greatest challenge for vehicle owners is that insurance companies frequently make lowball initial offers. To maximize your recovery, we first provide a comprehensive Fair Market Value (FMV) report that establishes your vehicle’s true worth. If the insurer refuses to agree to the fair value, we swiftly invoke the Appraisal Clause. This powerful contractual provision forces both parties to engage independent appraisers to negotiate the final settlement, a process that consistently results in significantly higher compensation and often resolves the claim quickly.
For Total Loss claims, our process is designed to prevent you from accepting a lowball valuation. We start by running a Fair Market Value (FMV) Report to determine the vehicle’s accurate pre-loss market value. If the insurance company’s offer is lower than our valuation, we guide you through the process of invoking the Appraisal Clause in your insurance policy. This is the fastest and most effective way to force the insurer to fairly re-evaluate their offer. We connect you with a qualified, independent appraiser who will negotiate with the insurance company’s appraiser on your behalf, often leading to a significant increase in the final settlement amount, sometimes within days. We handle the process of engaging the appraiser and tracking the resolution to ensure a successful outcome.
You should focus on your recovery and getting back on the road—not on fighting with insurance adjusters or worrying about upfront legal bills.
We handle all Diminished Value and Total Loss claims on a Contingency Fee Agreement. This means you pay $0 in legal fees unless and until we successfully secure a settlement or judgment for you. If we don’t win, you don’t pay us a legal fee. Our success is directly tied to yours.
Here is an example of how your claim is handled by our firm:
Initial Contact: You contact us with your accident details and repair estimate.
Report Generation: We run a powerful analysis, which generates a proprietary Diminished Value or Fair Market Value Report based on 35+ data points and 60+ calculations. We review this report to confirm the potential settlement increase is worthwhile.
Client Reimbursement for Report: To move forward with the formal demand, the prospective client is required to reimburse the firm for the cost of the DV/FMV Report. This low, one-time fee is necessary to create the binding Demand and Settlement Letters needed for effective pre-litigation negotiation.
Demand & Negotiation: Our firm uses the purchased report to generate a strong Demand Letter and handle all communication with the insurance company, negotiating to maximize your settlement.
Settlement & Payment: Once a fair settlement is reached, the funds are collected, and you receive your payment, minus our agreed-upon contingency fee, typically resulting in thousands of dollars more in your pocket.
By operating on this model, we eliminate the financial risk for you while using the industry’s most detailed reports to ensure you receive the maximum compensation you deserve.