Claim Support for Insurance Carriers
Carrier Product Inquiry
FAQs
This section provides clarification regarding diminished value claims, appraisal clause services, valuation methodology, and how Premier Market Comparison Reports are used during insurance claim review and dispute resolution.
Do insurance companies review independent diminished value reports?
Insurance carriers routinely review third party diminished value documentation when evaluating post repair loss in value claims. Clear methodology, comparable vehicle data, and transparent adjustment logic support structured claim review.
How is diminished value measured in an insurance claim?
Diminished value is measured by comparing the market value of a clean history vehicle to the market value of the same vehicle after reported accident history and repairs. Buyer behavior and real market sales determine the actual loss.
What documentation supports a diminished value evaluation?
Repair invoices, photos, vehicle history reports, comparable vehicle listings, prior valuation records, and claim documentation all help support a complete diminished value analysis.
Can Premier reports be used in appraisal or dispute resolution proceedings?
Yes. Premier reports are structured to support appraisal clause disputes, formal claim review, and settlement negotiations using documented market evidence and defensible valuation methodology.
Does Premier handle communication with the opposing appraiser?
Yes. For appraisal clause services, Premier manages communication, coordination, and negotiations directly with the opposing appraiser throughout the process.
Is Premier affiliated with any insurance carrier?
No. Premier is an independent valuation firm. Our reports are built on objective market analysis and are reviewed by both policyholders and insurance carriers.
Does Premier provide testimony or further clarification if requested?
Additional claim support, clarification, and court related documentation may be available depending on the file and jurisdiction. These services are handled separately when needed.
