What's Next?
Post Repair Inspection:
It is always recommended to have the subject vehicle inspected! Without physically inspecting the vehicle it would be impossible to visually evaluate the vehicle's pre-loss condition or the quality and thoroughness of the repair or the performance of both the insurer (Insurance Related Diminished Value) and/or the repairer (Repair Related Diminished Value). As a result, one would likely not receive full compensation for their remaining loss.
The key to recovering all losses owed is to know exactly what it is that is owed to you. Having an in depth visual inspection of the damaged and or repaired vehicle, along with a prepared accurate assessment of your remaining damages is paramount in submitting a viable claim, tax deduction etc. Providing a detailed report with your claim will enable the insurer or other party a clear understanding of your remaining loss and facilitate a more timely and just settlement.
The most important and easily overlooked aspect of performing a proper and thorough Diminished Value Assessment is the manner and thoroughness of the actual repairs performed. This is why Internet based evaluations without actual vehicle inspections are not considered accurate, recommended by respected industry professionals, or likely to be admissible as evidence if needed. A comprehensive and accurate Diminished Value inspection will provide a two or three-dimensional approach, whereas the site-unseen Internet based valuations are merely one-dimensional and may not ascertain or substantiate your entire loss.
Additionally, sight un-seen Internet based valuations do not provide an unbiased valuation of the vehicle's pre-loss condition or its value which is one of the fundamental basics required to perform an accurate diminished value assessment. It would compare to your purchasing a vehicle sight un-seen.
These Internet based reports provide only an estimated valuation of the Inherent Loss in Value and provides no source to evaluate the manner, thoroughness or quality of the performed repair and parts nor any further loss in value resulting from same.
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