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REPAIR PROCEDURE ISSUE:

Our client’s 2018 Land Rover Range Rover was damaged. Our client filed a claim with their carrier Geico Insurance for the loss. Geico issued a loss statement/repair estimate for $18,099.78 before the deductible. Our client’s collision facility issued a preliminary loss statement/repair plan for $23,477.66 return Geico to its pre-loss condition. Our client came to us for assistance with the $5,377.88 under-indemnification and out-of-pocket expense to safely return their vehicle to its pre-loss OEM condition.

As a result of going through the appraisal process in the policy, Vehicle Value Experts came to a binding agreement with the Geico independent 3rd party appraiser for $23,098.56 as the loss statement/ repair cost to return our clients 2018 Land Rover Range Rover back to its pre-loss condition.

The final binding agreement between the unbiased independent appraisers identified an under-indemnification of the loss of $4,998.78 or 27.6% from the Geico loss statement/repair estimate of $18,099.78 Through the invoking of the Geico policy right of appraisal our client has been made whole for their loss with no out-of-pocket expense other than their deductible.