So far in 2015, DVGA appraised approximately 4,116 vehicles for loss-in-value insurance claims.
Atlanta, Georgia (PRWEB) October 31, 2015
Diminished Value of Georgia has released its list of the top vehicles appraised for loss in value in 2015. This year, the Honda Accord was the #1 car appraised for loss in value, followed by the Toyota Camry. The list is used by industry professionals to determine which car segments have the most accidents, as well as for other industry-related statistics including insurance quotes and ratings.
When a car has been damaged by an accident (collision) or incident (such as fire or flood), its owner is entitled to reimbursement for the loss in value the vehicle incurs (diminished value). Car buyers will not pay the same amount for a wrecked and repaired vehicle as they would for an undamaged version of the same model. The diminished value is often underestimated by insurance companies who use a faulty percentage-based formula that yields substantially lower values than the actual loss amounts.
So far in 2015, DVGA appraised approximately 4,116 vehicles for loss-in-value insurance claims. The top five vehicles appraised for diminished value were:
1. Honda Accord (5.10%)
2. Nissan Altima (5.08%)
3. Toyota Camry (4.37%)
4. Honda Odyssey (3.18%)
5. Hyundai Sonata (2.19%)
Automobile owners who have suffered an accident should order an accurate and credible auto appraisal report to serve as proof-of-loss to insurance companies so that they may collect what they are rightfully owed. It is critical to hire the most qualified auto appraiser available to be properly compensated for loss in resale value. The appraiser should be licensed by an official state entity and adhere to a strict code of ethics.
Diminished Value of Georgia is a licensed, A+, BBB-accredited company specializing in diminished value assessments, performing an average of 400-500 car appraisals per month. Before ordering an appraisal, customers are encouraged to request a free diminished value quote. For more information about the car appraisal services offered, please contact Tony Rached at 678-404-0455.