Gap Insurance Providers Close the Valuation Gap with Vehicle Value Analysis.
Gap Insurance is designed to protect consumers if their vehicle is totaled, but how can gap providers protect their own interests when the vehicle owner’s insurance carrier undervalues the claim? Erroneous “actual cash value” estimates often leave one party particularly exposed: the GAP provider, who typically has no meaningful opportunity to challenge or contest the proposed settlement amount. A low settlement offer could cost thousands. In fact, when a vehicle appraisal is performed, the under-indemnification on total losses averages $4,300!
Vehicle Value Experts is excited to announce the launch of Vehicle Value Analysis (VVA), which offers comprehensive and accurate market value reports to help Gap Providers obtain an accurate market value on the vehicles they’ve covered.
VVA’s advanced products provide documentation that Gap Providers can utilize in their negotiations with the customer’s insurance carrier, starting at just $49.95 for the Gold Report, but those looking to explore a basic valuation can access VVA’s Silver Report at no cost for a limited time.
