Custom Car Appraisals

The Prior to Loss value is what the value of your vehicle was before an accident.  If the insurance adjustor deems your vehicle a total loss after a wreck and offers you a sum of money for what they estimate your car to be worth, and you disagree with the amount, you have the right to get a 3rd party appraisal. 

 

An appraisal will determine what your vehicle was worth pre-accident so that the insurance company will pay you the actual amount you're owed. 

 

As long as you weren't the at-fault driver, you are entitled to the Actual Cash Value of your automobile, less your deductible, plus tax, title and license fees.  Chances are the insurance company has not offered you what you are entitled to, which is why you need an appraisal done.

 

An appraisal from Appraiser Guys will determine the prior to loss value of your car using local market data, making allowances for mileage, options and condition.  

 

Any portion of a Diminished Value or Prior to Loss claim that is not paid by the insurance company, can be written off on your itemized income taxes, including the fee for the appraisal.

In some cases, if you are unable purchase a comparable car within 30 days of your settlement, you can re-open your claim and the insurer can either locate a comparable vehicle or pay you the difference.

 

Use IRS Form 4684 for itemizing Prior to Loss and appraisal fees on your taxes.