Consumers Insurance had deemed our client’s 2021 GMC Sierra a Total Loss and offered a settlement of $51,192.00
We successfully settled the claim for a settlement of $55,500.00
Net settlement increase was $4,308.00 or 8.4%.
Our client’s 2021 Chevrolet Suburban was damaged. Our client filed a claim with their carrier Consumers County Mutual Insurance for the loss. Consumers County Mutual issued a loss statement/repair estimate for $14,069.09 before the deductible. Our client’s collision facility issued a preliminary loss statement/repair plan for $19,279.35 to return Consumers County Mutual to its pre-loss condition. Our client came to us for assistance with the $5,210.26 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 Consumers County Mutual independent 3rd party appraiser for $19,279.35 as the loss statement/ repair cost to return our clients 2021 Chevrolet Suburban back to its pre-loss condition.
The final binding agreement between the unbiased independent appraisers identified an under-indemnification of the loss of $5,210.26 or 37.0% from the Consumers County Mutual loss statement/repair estimate of $5,210.26. Through the invoking of the Consumers 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.
Our client’s 2020 GMC Sierra 1500 was damaged. Our client filed a claim with their carrier Consumers County Mutual Insurance for the loss. Consumers County Mutual issued a loss statement/repair estimate for $11,198.06 before the deductible. ,Our client’s collision facility issued a preliminary loss statement/repair plan for $15,436.48 to return Consumers County Mutual to its pre-loss condition. Our client came to us for assistance with the $4,238.42 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 Consumers County Mutual independent 3rd party appraiser for $14,900.00 as the loss statement/ repair cost to return our clients 2020 GMC Sierra 1500 back to its pre-loss condition.
The final binding agreement between the unbiased independent appraisers identified an under-indemnification of the loss of $13,701.94 or 33.1% from the Consumers County Mutual loss statement/repair estimate of $11,198.06. Through the invoking of the Consumers 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.
2022 Toyota Corolla Diminished Value
Our Client was involved in a collision. The at-fault party had Consumers Insurance. The repair estimate required to return our client’s 2022 Toyota Corolla back to its Pre-Wreck OEM Cosmetic Condition was $19,409.16
Consumers Insurance paid 2,450.00 to settle the Inherent Diminished Value Claim.
Auto Claim Specialists, LLC
201 Main St
Suite 600
Fort Worth, TX 76102
Local: 817-756-5482
Toll Free: 800-736-6816
Fax: 866-550-0484
SMS: 817-242-6555