When a total loss has occurred Autopraisal is here to help.
Total losses happen more often than most people realize. When an insurance company declares your vehicle a total loss, its settlement offer is generally based on a determination of your vehicle's Actual Cash Value (ACV) immediately before the loss.
But determining ACV isn't always straightforward. Vehicle condition, mileage, options, trim, equipment, prior history, comparable vehicles, market conditions, and valuation adjustments can all affect the result. When those factors aren't properly accounted for, the insurer's valuation may not accurately reflect what your vehicle was worth.
That's where Autopraisal comes in.
Our Total Loss Appraisal provides an independent, thoroughly researched opinion of your vehicle's value supported by credible market data and professional valuation methodology. We examine the details that make your vehicle unique, analyze relevant market evidence, and provide a comprehensive, USPAP-aligned appraisal report that can be used to support a disagreement with an insurer's valuation.
And our support doesn't necessarily end when the report is delivered.
If you and your insurance company remain unable to agree on the amount of loss, your insurance policy may contain an appraisal clause that provides a process for resolving the valuation dispute. If you choose to invoke that provision, Autopraisal can serve as your selected appraiser for an additional fee, communicating directly with the insurance company's appraiser, presenting and defending our valuation, and working toward an agreement on the amount of loss.
If the two appraisers cannot agree, the policy may provide for the involvement of an independent umpire. Through our Umpire Support service, Autopraisal can continue representing our appraisal and supporting the valuation evidence through that next stage of the process.
From the initial independent valuation through the appraisal-clause process when necessary, our role is simple: provide a credible, well-supported opinion of value and stand behind the research and professional judgment that supports it.
1. Total Loss Appraisal
A thoroughly researched, comprehensive, and defensible appraisal report that is USPAP aligned and completed by valuation experts (humans - not AI). Our Total Loss appraisal reports are usually completed within 24-48 business hours from the time we receive your completed request.
Once your appraisal is complete, a member of our team will review the report with you, answer your questions, and provide helpful resources to support your claim.
$500 Flat Fee
(plus sales tax where applicable)
2. Appraisal Clause Support
If you and your insurance company are unable to agree on the value of your vehicle, your policy may provide an appraisal process to resolve the disagreement. If you choose to invoke the appraisal clause, Autopraisal can serve as your selected appraiser for an additional fee.
We will communicate directly with the insurance company's appraiser, present and defend our valuation, review their market evidence, and work toward an agreement on the amount of loss. Our role is based on the independent research and professional opinion developed through your Total Loss Appraisal. While no particular outcome can be guaranteed, we will provide knowledgeable, professional support throughout the appraiser-to-appraiser process.
$300 Flat Fee
(plus sales tax where applicable)
3. Umpire Support
If the two appraisers are unable to reach an agreement, your policy may provide for the dispute to proceed to an independent umpire. For an additional fee, Autopraisal can continue serving as your selected appraiser through this next stage of the appraisal process.
We will assist with the umpire process, present and support our valuation evidence, respond to questions or competing evidence, and continue working toward a resolution of the disputed amount of loss. Fees charged by the independent umpire are separate from Autopraisal's fees and are the responsibility of the parties as provided by the applicable insurance policy.
$400 Flat Fee
(plus sales tax where applicable)
