Uncategorised

Diminution in loss claims,an interesting Blog,though not completely correct.

By 5th March 2016 No Comments
http://postlive.dev.incisive.pro.pugpig.com/2016/04/25/blog-how-to-deal-with-diminution-in-value-claims/

What is interesting are the comments on what an Engineer cannot advise on according to the writer.

It makes reference to engineer’s “ONLY” being able to refer to the guides to establish the market value, this is not correct,we ARE experts in valuing vehicles, as we DO use examples and underwrites to assist the court in establishing the market value, this is done as well as “referencing” the “GUIDES” used in the market place. And that is the important part, they are “GUIDES” and are not indicative as to what a vehicle is worth in the market place.

This is why you need a GOOD engineer….

The writer also misses the fact that as engineers we spend all our working lives researching values of vehicles, and know the effect previous history has on the market value of a vehicle.

Tim Kelly

Tim Kelly

Tim is a highly qualified Independent Engineer with over 20 years experience as an Engineering Assessor of damaged vehicles.

Leave a Reply