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February 3, 2017

What is Diminished Value?

Know your rights if you've been in an auto accident. You may be entitled to a check from your insurance company for a diminished value claim. Diminished value is the automatic loss of value from a auto collision. Almost every vehicle that has been in a wreck will have some form of inherent diminished value.
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February 3, 2017

What is a DRP?

DRP stands for Direct Repair Program. These are programs that Insurance companies have in place with body shops. The insurance companies usually send the shops more business
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February 3, 2017

What is a Crash Part?

Today’s vehicles are complex, sophisticated and technologically advanced. A multitude of systems must work together to provide an enjoyable and safe driving experience. This includes your vehicle’s sheet metal, bumpers, and safety-related items, such as airbags, and the sensors that trigger airbag deployment.
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February 3, 2017

What is a Total Loss?

In insurance, a total loss or write-off is a judgment, by the insurer, that the lost value or repair cost of a damaged property exceeds the value of its policy, resulting in what it concludes is a "total loss" or "constructive total loss" A constructive total loss factors other incidental expenses beyond repair, such ...
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