MORE APPRAISAL SERVICES....

STATED VALUE / AGREED VALUE APPRAISAL:

"STATED VALUE" is the determination of the "replacement cost" of a vehicle for insurance coverage. 

This appraisal is usually only for vehicles that are classified as antiques, classics, customized, special interest, etc. 

This is different from an "Actual Cash Value" since the vehicle may have no true market analysis due to its age, customization or rareness. 

Therefore, each vehicle is evaluated on its own basis in many areas. 

These may include, but are not limited to, the following: 

• Uniqueness
• Originality
• Rareness
• Restoration quality
• Receipts, etc. 

Therefore, the vehicle is appraised in an effort to protect the owner's investment in a vehicle. 

Also, this benefits the owner and the insurance company to have the value stated  accurately so that the premiums are set accordingly.  

There is a difference between a "Stated Value" and an "Agreed Value" or "Agreed Amount" insurance policy for these types of vehicles.

A "Stated Value" policy does not guarantee that the value of your vehicle determined at the time the insurance policy was purchased will be paid at the time of loss.

In fact, most likely, you will have to hire an appraiser to defend the value of your vehicle at the time of loss.

An "Agreed Value" and "Agreed Amount" insurance policy guarantees that your vehicle's value will be paid at the time of loss. 

Furthermore, an owner needs to keep their insurance company apprised of the value of their vehicle whether it increases or decreases so that the premiums and the value declarations are adjusted accordingly. 

It is strongly recommended that an owner of this type of vehicle specifically purchase an "Agreed Value" or "Agreed Amount" insurance policy.

BONDED TITLE APPRAISAL: 

To replace a lost title for your current vehicle and/or trailer.  

MARKET RANGE APPRAISAL:  

To assist you in selling your vehicle and/or trailer at a current market value. 

ASSET EVALUATION APPRAISAL: 

To determine a value of a vehicle and/or trailer for divorces, donations, wills, etc.