Quote:
Originally Posted by enigma01
Simply because it's a crapshoot.
The report represents nothing more than an "expert" opinion of the sustained diminished value. Depending on the state statue and precedents (and luck), some get it while others don't.
There is no magic formula that goes into the report. These so called "experts" aren't licensed or certified by any recognized body. It's just one man's opinion.
You are basically paying someone to put together a nice looking report, but if you go to court, that report (and the "expert" who prepared it) will be challenged, and if the report is all you are counting on, there is a good chance that it'll not survive the trial.
That's because a reporting agency will NOT act as your agent to get you the diminished value. They are just preparing a report, which may or may not survive scrutiny and challenges in a court of law. A lawyer, on the other hand, will fight for your money based on your relevant local law and precedents. So, you can't exactly equate a report to what a lawyer does.
The bottom line is: do you want to gamble that the $300 report will be accepted by your insurance company? You may come out ahead... or it could be worth less than the paper it was printed on.
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True. well its going in the shop to be appraised then once fixed I will have to find a lawyer if the letter does not make them pay.