Elkridge, MD — 6 December 2024: Jared's Auto Appraisals, a leading provider of vehicle valuation services, is committed to educating consumers about the appraisal clause in auto insurance policies. This often-overlooked provision can be instrumental in resolving disputes between policyholders and insurers regarding the valuation of vehicle damage or loss.
The appraisal clause is a standard feature in many auto insurance policies, designed to offer a fair and efficient method for settling disagreements over the amount of a loss. When invoked, both the insurer and the insured select independent appraisers to assess the vehicle's value or repair costs. If these appraisers cannot agree, they jointly appoint an impartial umpire whose decision is binding.
"Many policyholders are unaware of the appraisal clause and its potential benefits," said Jared Brumfield, Principal at Jared's Auto Appraisals. "Understanding this provision empowers consumers to ensure they receive fair compensation without resorting to lengthy legal battles."
Jared's Auto Appraisals offers a range of services to assist clients in navigating the often complex appraisal process. Their total loss appraisals ensure an accurate market value assessment for vehicles deemed a total loss, helping policyholders secure fair compensation from their insurance providers. Additionally, the company specializes in diminished value assessments, evaluating the reduction in a vehicle's market value after it has been repaired following an accident. For those seeking precise insights into their vehicle's worth, Jared's Auto Appraisals provides market value reports that analyze current market conditions and vehicle-specific factors, delivering detailed and transparent valuations.
With over 18 years of experience and more than 25,000 auto damage appraisal estimates conducted, Jared's Auto Appraisals has established itself as a trusted advocate for consumers seeking fair settlements.
"Our goal is to demystify the appraisal process and support our cliequitable resolutions," added Brumfield. "We pride ourselves on transparency and professionalism, ensuring that each client receives personalized attention tailored to their unique situation."
For more information about the appraisal clause and how Jared's Auto Appraisals can assist in insurance disputes, visit www.jaredsautoappraisals.com.
About Jared's Auto Appraisals
Founded in 2004, Jared's Auto Appraisals specializes in vehicle valuation services, including total loss appraisals, diminished value assessments, and market value reports. Serving clients across Maryland, Virginia, Washington D.C., Pennsylvania, Delaware, and North Carolina, the company is dedicated to providing accurate, transparent, and personalized services to ensure fair compensation for vehicle owners.
Contact Information
Website: https://jaredsautoappraisals.com/
Phone: 301-575-4928
Email:
[email protected]
Address: 7000 Barnett LN, Elkridge, MD, 21075