What do you do when your car crashes and gets significantly damaged in Central Oregon? Most probably, you call the insurance company and file a claim. But what if the company that assesses you says it’s a total loss? No idea? A Central Oregon total loss appraisal can help in this situation.
We are ADR Claims, a team of Central Oregon total loss appraisal clause experts. We can help you with the appraisal process. Also, we will stay with you throughout the settlement process from start to finish.
When your car is damaged, and its estimated repair cost reaches or exceeds the total loss threshold, it’s declared a total loss. It is also known as your car being totaled.
A total loss threshold refers to a fixed percentage of your vehicle’s value, which, if the repair cost meets or surpasses, your car can be considered a total loss. The total loss threshold limit varies by state, and the Oregon total loss threshold is 75% of the vehicle’s value.
A total loss appraisal clause is a specific section included in most insurance policies. When the insurance company offers you a total loss settlement amount, and you believe you deserve a higher payout, you can use this clause and get a third opinion regarding the damage to your vehicle. You hire a certified appraiser for this job. Their expert opinion, along with a market-supported report, is called a total loss appraisal.
Before you invoke the Bend, Oregon, total loss appraisal clause, consider the following things first.
If you invoke the Western Oregon total loss appraisal clause and get an appraisal, you can get the following things.
We break down the total loss appraisal process for you in the following points.
First, inform the insurance company that because the two of you couldn’t reach an agreeable settlement amount, you are now invoking the appraisal clause. You can mail them, but it would be better to write a formal letter, since emails often get ignored.
The clause allows you and the insurance company to hire an independent appraiser. You should hire a certified appraiser. Also, make sure they are neutral and don’t have any connection with the insurance company.
During the appraisal process, both appraisers evaluate your car and determine its lost value. Then they discuss their findings and try to reach a mutually agreeable amount.
In case both appraisers don’t reach a mutually agreeable settlement amount, they select a third appraiser, who is also known as an umpire. Then, the umpire checks both appraisers’ findings, considers their positions, and takes a final binding decision. The amount on which two of the three appraisers agree is deemed the final settlement amount.
After the appraisal process, you receive a written appraisal award, which you submit to the insurance company, and they pay you the final settlement amount.
At ADR-Claims, we are a team of professionals, total loss appraisers. Over the years, we have earned a great reputation in the industry with our excellent services.
We are expert appraisers and understand how to invoke and leverage the appraisal clause in your insurance policy to get a fair total loss claim settlement.
We are certified appraisers and offer unbiased assessments to recognize your vehicle’s accurate market value.
We don’t waste time on unnecessary tasks and quickly appraise your totaled vehicle.
If you are not familiar with the appraisal process, we can guide you at every step and help with negotiation.
We are ADR Claims, a professional appraiser company, helping car owners for a long time with accurate appraisal services. If you are invoking a Sandy, Oregon, total loss appraisal clause, contact us. As central Oregon total loss appraisal clause experts, we will make the settlement process more than easy. Call us and book your car’s appraisal now.
