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Appraisal Group of America Inc. is now licensed in North Carolina

Recently, North Carolina has mandated that automobile appraisers become licensed to complete diminished value and total loss appraisals. Appraisal Group of America Inc. became licensed to complete diminished value and total loss appraisals in 2008 in North Carolina.

When an individual is in an accident and the loss is greater than 25% of the value of the vehicle, North Carolina Damage Disclosure Statue 20-71.4 states that any such damage must be disclosed to the potential buyer . . . Why this is important is that potentially the individual is entitled to a diminished value check. Also, even if the wreck is less substantial the individual will have significant legal exposure if the individual re-sells the vehicle and does not disclose the prior damage to the new vehicle owner, if the new owner asks about previous damage. Also, the following case law is pertinent to North Carolina:

In Parker v. Hensley, 625 S.E.2d 182 (N.C.App. 02/07/2006) in a case arguing about an award of attorneys fees allowed for recovery of diminution in value of the vehicle in question.

In Pierce v. American Fidelity Fire Insurance Co., 240 N.C. 567, 83 S.E.2d 493 (N.C. 09/22/1954) the Supreme Court of North Carolina found that the measure of damages is the fair market value of the car immediately before the collision and the fair market value after the accident.

A large part of the North Carolina population is unaware they are entitled to a diminished value check in addition to the repairs on their vehicle. Appraisal Group of America Inc. is a professional Automobile Appraisal Company and call today at 877-655-1661 to see if you qualify for a diminished value check.

References and Certificates Available upon request

North Carolina Diminished Value Examples

• Monica,
  I just wanted to thank you for your help with our Tahoe. We settled with the insurance company last week and got a very good price ($12,546.39). I hope I don't need another car appraisal any time soon, but will know where to go if I do! Thanks again!
  Lynn Wheatley - North Carolina Chevy owner who Nationwide had offered $9,556

• Thank you Monica and staff for the tenacious diligence and going to bat for me during my settlement claim. Farmers insurance declared my 1989 Porsche 944S2 a total loss and gave it 'excellent' condition marks but were insistent on a FMV of $7,300. I looked around with fervor and felt this was unacceptable for a replacement 944S2 in comparable condition. I argued for a month with Farmers insurance until I ran across Autoloss.com. I even submitted a Porsche Club of America (PCA) Valuation form stating the FMV for my car was on average $9,540 prior to contacting Appraisal Group of America and yet still no budging on Farmers part.
  After filling out the free quote Monica called the next day and we had a half hour conversation and she was confident in getting me $9,200 - $9,900. The week before Christmas she calls and says they reached a settlement price of $10,091!!! I just received my check on New Years Eve. I could have not asked for better service!
  Thank you so much!
  Charles Clifton - Raleigh, North Carolina, Total Loss Claim Satisfied Customer -

• Thanks for your help regarding the diminished value check on my 2005 Lexus. Due to your diminished value appraisal USAA wrote me a check for $5,800 more then they offered me initially.
  Dave Gordon - Raleigh, North Carolina

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