What’s Diminished Value Mean To You
As contentious an issue as diminished value (DV) has become in the insurance and repair industries, there’s a quiet revolution taking place in the claims business. Once limited to the owners of exotic cars, DV is now a phrase on the lips of ordinary people with damaged grocery-go-getters. And this flood of inquiries to claims
Diminished Value: Fear It or Forget It?
During the past year, more than 30 states have approved auto insurance policy language that excludes diminished value (DV) payments. That still leaves quite a few states up in the air.
Diminished Coverage for Diminished Value
Recently, the Insurance Services Office concluded that diminished value (DV) isn’t covered in the language of Personal Auto Policies. This may soon lead to head-to-head battles between insurers and consumers, since both sides interpret DV differently. But what effect will the exclusion –– and the head butting –– have on the collision industry?
The Court of Diminished Value
As consumers across the country file diminished value (DV) claims against insurers and hire lawyers to file DV class-action suits, repairers need to learn what the law says about DV — and if and when the scales of justice will be tipped against them.
Body Bangin’: Using the Appaisal Clause to Get Paid
Micki Woods interviews Billy Walkowiak, owner of Collision Safety Consultants, on the appraisal clause, total losses, diminished value and post-repair inspections.
E-Nikio Appraisals Joins CEICA as Corporate Member
E-Nikio employs 19 appraisers and specializes in collision repair operations/repair plans, insurance claims, diminished value, fair market valuations and pre-purchase inspections.
Collision Safety Consultants Opens 18th Location
Collision Safety Consultants of Denver will write diminished value reports, and perform post-collision repair inspections and total loss vehicle valuations.
Collision Safety Consultants Opens Seventh Location
Belmont, N.C.-based Collision Safety Consultants specializes in vehicle diminished value, total-loss assessments and pre-purchase and post-collision repair inspections, according to its website.
Seattle Body Shop Prevails in Suit Against Allstate
Assignment of Proceeds case nets shop difference in estimates plus diminished value and court costs.
CCRE Legal Seminar Featured High-Profile Attorneys
Legal eagles discussed cases on tortious interference, diminished value and other issues collision repair facilities are commonly confronted with.
