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| The Truth about Auto Repair | Auto Insurance Claims | Diminished Value | |||
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Seven Levels of Repair and Diminished Value
Before creation of the Seven Levels of Repair and Diminished Value, insurance companies and auto body repair shops would claim a vehicle was "repaired." But, without defining what "repair" meant in relation to automobile damage reconstruction, quality was subjective and all over the board. Post repair inspections on hundreds of supposedly "repaired" cars and trucks still exhibiting evidence of accident damage, convinced Network Information Communications’ founder Jim Lynas that the word "repair" was far too ambiguous to describe the complicated processes necessary to fully restore a car after an auto accident. NIC developed the Seven Levels of Repair and Diminished Value in 2001 with the hope it would provide the standard by which insurance indemnification could finally be measured.
Aug 10, 2007 - 12:32:17 PM Federal Roof Crush Standard Not Usually Considered By Auto Rebuilders
It matters little what rules and laws vehicle manufacturers must live by as they build cars, if after a wreck a body shop can rebuild a damaged car to a lesser level of quality than the original manufacturer intended and get away with . The bottom line is that because so few consumers have used cars inspected prior to making a purchase, shops often cut corners and make a pile of money for performing shoddy work, and consumers make their purchases none the wiser. All consumers should be aware that is how cars are supposed to be repaired if they are expected to withstand a future crash.
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Aug 19, 2005 - 6:26:00 PM Ohio Lemon Law: Are you Driving a Laundered Lemon? Reselling lemon autos to unsuspecting consumers without full disclosure, often through means of deception and trickery, is known as lemon laundering. Despite enforcement of Ohio's vigorous lemon laws, laundering of lemon autos occurs all too frequently. In this article, you'll learn tricks dealers use to wash titles and market lemon autos to unsuspecting consumers. [MORE]
Jul 7, 2005 - 6:56:00 PM Diminished Value on Auto Windshields and Glass? You Betcha!
Glass is among the most critical components installed on an auto. Because of its structural significance and other important features, security and visibility among those, use of genuine replacement parts and original manufacturer's approved installation procedures are paramount in achieving an acceptable repair - one that restores the safety, function, appearance and durability of the auto. Improper installations, inadequate parts, and unapproved or faulty materials can cause diminished value and render a vehicle unsafe to drive. Learn more about glass related DV in this article written by WreckCheck founder, Jim Lynas.
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Apr 7, 2005 - 4:50:00 AM Safe Collision Repair Statistics Show Average DV is $6,486.54
The amount of Diminished Value a car suffers following an accident and repair is driven upward by a number of factors - the value of the car, amount of damage sustained, value of voided warranties, and the inability to ever again qualify the vehicle in manufacturer preowned certification programs. We at Safe Collision Repairs recently put some effort into finding the amount of money the average consumer has at stake based on some actual case studies. The amount in your particular case may be higher or lower than the average amount we calculated since DV is assessed on a case by case basis.
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Apr 6, 2005 - 4:00:00 PM
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Diminished Value l Auto Collision Repair Issues l Auto Insurance Issues l Auto Manufacturing and Safety l Auto Sales and Consumer Issues l Diminished Value Slideshow
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content & design �2002-2008 David Williams and SafeCollisionRepairs.com |
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DISCLAIMER The content expressed on this website represents the opinions of David A. Williams. Williams is neither an attorney nor public insurance adjuster, but is an expert, consultant, and writer specializing in the field of automotive safety, collision repair and valuations. The information provided herein is not intended to be a substitute for legal or insurance advice. Because collision repair is a continually evolving science, any text, materials or links found herein are provided without claim or guarantee to their accuracy or completeness. Advertisements seen on Safe Collision Repairs website must not to be considered endorsements of products or services as we maintain no relations with these companies. Vendors and service providers receiving our endorsement will be clearly identified by us on this website. |