2023 Cadillac XT6 Total Loss
Farmers Insurance had deemed our client’s 2023 Cadillac XT6 a Total Loss and offered a settlement of $48,668.00
We successfully settled the claim for a settlement of $52,488.34
Net settlement increase was $3,820.34 or 7.8%.
Repair Procedure Issue
Our client’s 2021 Chevrolet Silverado 1500 was damaged. Our client filed a collision claim with their carrier Liberty County Mutual Insurance for the loss. Liberty County Mutual issued a loss statement/repair estimate for $3,132.85 before the deductible. Our client’s collision facility issued a preliminary loss statement/repair plan for $10,141.82 to return 2021 Chevrolet Silverado 1500 to its pre-loss condition. Our client came to us for assistance with the $7,008.97 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 Liberty County Mutual independent 3rd party appraiser for $9,925.15 as the loss statement/ repair cost to return our clients 2021 Chevrolet Silverado 1500 back to its pre-loss condition.
The final binding agreement between the unbiased independent appraisers identified an under-indemnification of the loss of $6,792.30 or 216.8% from the Liberty County Mutual loss statement/repair estimate of $3,132.85. Through the invoking of the Liberty County Mutual policy right of appraisal our client has been made whole for their loss with no out-of-pocket expense other than their deductible.
Repair Procedure Issue
Our client’s 2018 Chevrolet Silverado 1500 was damaged. Our client filed a collision claim with their carrier Texas Farm Bureau Insurance for the loss. Texas Farm Bureau issued a loss statement/repair estimate for $17,963.11 before the deductible. Our client’s collision facility issued a preliminary loss statement/repair plan for $19,280.41 to return 2018 Chevrolet Silverado 1500 to its pre-loss condition. Our client came to us for assistance with the $1,317.30 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 Texas Farm Bureau independent 3rd party appraiser for $18,699.59 as the loss statement/ repair cost to return our clients 2018 Chevrolet Silverado 1500 back to its pre-loss condition.
The final binding agreement between the unbiased independent appraisers identified an under-indemnification of the loss of $736.48 or 4.1% from the Texas Farm Bureau loss statement/repair estimate of $17,963.11. Through the invoking of the Texas Farm Bureau policy right of appraisal our client has been made whole for their loss with no out-of-pocket expense other than their deductible.
Repair Procedure Issue
Our client’s 2021 Ford Explorer was damaged. Our client filed a collision claim with their carrier Texas Farm Bureau Insurance for the loss. Texas Farm Bureau issued a loss statement/repair estimate for $1,465.98 before the deductible. Our client’s collision facility issued a preliminary loss statement/repair plan for $6,428.02 to return 2021 Ford Explorer to its pre-loss condition. Our client came to us for assistance with the $4,962.04 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 Texas Farm Bureau independent 3rd party appraiser for $6,132.80 as the loss statement/ repair cost to return our clients 2020 Ford F-150 back to its pre-loss condition.
The final binding agreement between the unbiased independent appraisers identified an under-indemnification of the loss of $4,666.82 or 318.3% from the Texas Farm Bureau loss statement/repair estimate of $1,465.98. Through the invoking of the Texas Farm Bureau policy right of appraisal our client has been made whole for their loss with no out-of-pocket expense other than their deductible.
2022 Jeep Grand Cherokee Diminished Value
Our Client was involved in a rear-end collision. The at-fault party had Progressive Insurance. The repair estimate required to return our client’s 2022 Jeep Grand Cherokee back to its Pre-Wreck OEM Cosmetic Condition was $6,257.07
Progressive Insurance paid $3,700.00 to settle the Inherent Diminished Value Claim.
Repair Procedure Issue
Our client’s 2020 Ford F-150 was damaged. Our client filed a collision claim with their carrier Safeco Insurance for the loss. Safeco issued a loss statement/repair estimate for $19,477.73 before the deductible. Our client’s collision facility issued a preliminary loss statement/repair plan for $31,058.84 to return 2020 Ford F-150 to its pre-loss condition. Our client came to us for assistance with the $11,581.11 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 Safeco independent 3rd party appraiser for $31,058.84 as the loss statement/ repair cost to return our clients 2020 Ford F-150 back to its pre-loss condition.
The final binding agreement between the unbiased independent appraisers identified an under-indemnification of the loss of $11,581.11 or 59.5% from the Safeco loss statement/repair estimate of $19,477.73. Through the invoking of the Safeco policy right of appraisal our client has been made whole for their loss with no out-of-pocket expense other than their deductible.