Vehicle Value Experts

REPAIR PROCEDURE ISSUE:
Our client’s 2019 Subaru Outback was damaged. Our client filed a claim with their carrier, Progressive Insurance for the loss. Progressive issued a loss statement/repair estimate for $12,765.80 before the deductible. Our client’s collision facility issued a preliminary loss statement/repair plan for $20,476.08 return Progressive to its pre-loss condition. Our client came to us for assistance with the $7,710.28 under-indemnification and out-of-pocket expense to safely return their vehicle to its pre-loss OEM condition.

As a result of going through the appraisal process in the policy, Vehicle Value Experts came to a binding agreement with the Progressive independent 3rd party appraiser for $21,423.65 as the loss statement/ repair cost to return our clients 2019 Subaru Outback back to its pre-loss condition.

The final binding agreement between the unbiased independent appraisers identified an under-indemnification of the loss of $8,657.85 or 67.8 from the Progressive loss statement/repair estimate of $7,228.80 Through the invoking of the Progressive policy right of appraisal our client has been made whole for their loss with no out-of-pocket expense other than their deductible.

2021 Mercedes GT 43 Total Loss
Progressive Insurance had deemed our client’s 2021 Mercedes GT 43 a Total Loss and offered a settlement of $51,342.40

We successfully settled the claim for a settlement of $62,700.00

Net settlement increase was $11,357.60 or 22.1%, plus sales tax.