Appraisals

By: Kemp Motorsports & Appraisals  04-09-2012
Keywords: appraisals, Appraisers, Appraisal Auditing Analysis & Liquidation Services

Insurance Appraisal Reports This is a detailed condition and value report that is used as the basis of a “stated value” automotive insurance policy endorsement. These reports can also be used by the consumer as a means to notify their insurance underwriter of improvements or modifications to an automobile, which may avoid a denial of claim. “Collector car” insurance policies always require these reports and many underwriters in Ontario require this report for any vehicle that is older than 17 years, regardless whether it is considered a collector car or not. This type of report can be produced for automobiles, trucks, trailers, tools, parts, restoration projects, and even non-licensed race cars. In short, for any vehicle or auto related object that may be subject to an “agreed value” insurance policy. Always Hire a Licensed Appraiser In Ontario, appraisers are licensed through the “Professional Association of Vehicle Evaluators.” Appraisers are self-regulated through this association, which is directed by a board made up of senior insurance industry executives. For a Roster of Licensed Appraisers you may go to www.trustpave.com. Appraisers who are licensed have “errors and omissions” insurance and are audited by the board on an annual basis. If any dispute should arise with a client, the association provides a free mediation service. Licensed appraisers are committed to follow through on behalf of their clients, explaining their evaluation reasoning to insurance claims staff, and attending at court if necessary. Licensed appraisers work under a strict “code of ethics.” For a free, no obligation, consultation concerning any of the services outlined above, please contact Kemp Motorsports. OUR FEES- Our fees are fair and reflect the quality of service offered by Kemp Motorsports & Appraisals. Please contact our office.

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