Dealerships enjoy a tailored service to assist them in reducing losses resulting
from damaged courtesy/loaners vehicles.
These services include both diminished value and loss of use claim services. In the
event of a total loss we also pursue the fair market settlement of the vehicle.
With respect to diminished value, we prepare a certified valuation report that
measures the change in resale value from the time just prior to the accident to
that after repairs are completed on the vehicle. This report is vehicle specific as
no two accidents including repairs are identical.
Regarding loss of use with respect to loaner/courtesy vehicles, we pursue any
additional costs incurred while the vehicle is in repair. The measurement of
additional costs can vary by state.
As with all other claim services, we determine the loss incurred and pursue the at
fault insurance carrier on behalf of the dealership client.