How to become a auto damage insurance appraiser
Texas Auto Appraisers Group
Texas Auto Appraisers Group is a Houston Texas based Auto Appraisal and Auto Damage Estimating company established by competent and experienced Appraisers and Auto Damage Estimators with over 30 years experience. Our qualifications and expertise are in Auto Body Field, Auto Mechanics and Auto Field Insurance Claims Adjusters and Appraisers.
All out Appraisers and Auto Adjusters are I-Car Platinum Certified, ASE Certified in Painting and Refinishing, Non-Structural Analysis and Damage Repair, Structural Analysis and Damage Repair, Mechanical and Electrical Components and Air Conditioning Safety and Handling. We also attended Master Chief Frame Repair and Genesis Measurement Seminar. We are members of The American Society of Certified Auto Appraisers and Licensed Auto Adjusters as State Of Texas Requires.
We prepare estimates and Auto Total Loss Evaluations using Audatex formerly PenPro and Autosource. We use NADA and BlackBook Business Solutions to secure a value for your vehicle. Reports are also based on dealer quotes, comparables and auctions figures. We will carefull document any condition and option of the vehicle. Reports will also include a CarFax if available.
Inspections are performed typically 24 hours after the payment is cleared. We will contact the owner ASAP to arrange the inspection and we prefer the owner or representative to be present to correctly identify the property, add ons and options of the vehicle.
We typically have a 48 hours turnaround, but in many cases data may not be available due to the complexity of the appraisal, heavy customized vehicles and dealer quotes responses.
Once completed the report will be emailed and hard copy overnighted to the owner.
We accept as method of payment Cash, Checks, Visa, MasterCard, American Express and PayPal.
Using Our Auto Appraisers and Auto Damage Estimators:
The most common use of appraisers is when a vehicle owner is trying to negotiate an actual cash value (ACV) due to a sale or insurance loss or other relevant value. In a routine sale of a vehicle, a blue book value may be enough to help a buyer and seller agree to a fair price. However, in claims situations where insurance companies need to pay on the value of a vehicle, the blue book might not be enough.
Insurance companies will use their own Auto Damage Appraisers and Estimators to assess value, and the owner of a vehicle may not agree with their results. That's where a professional Auto Appraiser or Auto Damage Estimator comes in. Someone with an appraisers license or other credentials can provide a professional opinion on the real value of the vehicle, using market values and other factors.
In some cases, an auto appraiser is a mediator for parties who need to agree on a fair value assessment for a car, truck, boat, motorcycle. etc. In many cases, they need to agree on a change in value so that the insurance company can pay out correctly on the claim.
Diminished Value Claims: Unfortunately, accident damage to your vehicle can affect both its safety and reliability. Due to this damage, the value of your car diminishes. The difference between pre-crash and post-crash worth is called diminished value and can be as high as 30 percent.
Auto Appraiser and Auto Damage Estimators are also used by Banks and other Lenders to determine a value of a property. Divorce cases also rely on Appraisers to determine the value of the vehicles.
Although many values can be obtained from Black Book. NADA and Kelly Blue Book. etc, the use of a Competent Auto
Appraiser or Auto Damage Estimator is necessary since no vehicle or claim is the same. A trained eye and ear is indispensable when rust spots and engines are patched up before the sale of a vehicle. Unsuspected damages can hide bigger problems that can cost you thousands of dollars in additional repairs.
What is a Texas Licesnsed Adjusters v. Appraisers?
With respect to the distinction between appraisers and adjusters, an adjuster is a person who acts on behalf of an insurance company or an insured in the adjusting or settlement of claims. An appraiser is a person selected or appointed by competent authority or an interested party to ascertain and state the true value of goods or real estate. See Blacks Law Dictionary 67 (6th ed.1993).
Thus, the line of demarcation between an appraiser and an adjuster is quite definite, since merely performing an appraisal does not amount to the negotiating, investigating and adjusting of claims. However, the function of an Texas Licensed Auto Adjuster may encompass the appraisal of claims. A self proclaimed appraiser in state or out of state cannot adjust legally claims in Texas, process diminished value claims or negotiate appraisal of property value on your behalf.
In Texas in order to perform an Appraisal you must be a Licensed Dealer or a Licensed Auto Adjuster implying that an Auto Appraiser must be a Licensed in the State of Texas Adjuster for the purpose of established the correct tax amount based on the value of the vehicle.
Effective October 1, 2006, Tax Code Section 152.0412 states:
Licensed Texas motor vehicle dealers can appraise the categories of motor vehicles that they are licensed to sell. That
is, automobile dealers can appraise automobiles, motorcycle dealers can appraise motorcycles and trailer dealers can
appraise trailers. Licensed dealers include new and used vehicle dealers, wholesale dealers, wholesale auction dealers,
motorcycle dealers, trailer dealers and any other dealers licensed by Transportation Code, Chapter 503, Subchapter
B, but not a drive-a-way operator. A licensed insurance adjuster can appraise any type of used motor vehicle.
Can I use an out of state Auto Appraiser an Internet Based Company?
Yes you may! Would you also trust a CyberNanny to babysit your young? Probably not! You need a Texas Licensed Adjuster/Appraiser to inspect your vehicle and properly appraise your property in order to be considered by an insurance company.
What is a Licensed Insurance Adjuster in Texas:
By Texas Law a Licensed Texas Insurance Adjuster goes through initial classes and also a rigorous test in claims adjusting and ethics. They must complete at least 30 hours of Continuing Education every 2 years in order to keep their license active.
TEXAS INSURANCE CODE ANN. § 4102.001. Texas Statutes - Section 4102.001: DEFINITIONS
(1) "License holder" means a person licensed under this chapter as a public insurance adjuster.
(2) "Person" includes an individual, firm, company, association, organization, partnership, limited liability company, or corporation.
(3) "Public insurance adjuster" means:
(A) a person who, for direct, indirect, or any other compensation:
(i) acts on behalf of an insured in negotiating for or effecting the settlement of a claim or claims for loss or damage under any policy of insurance covering real or personal property; or
(ii) on behalf of any other public insurance adjuster, investigates, settles, or adjusts or advises or assists an insured with a claim or claims for loss or damage under any policy of insurance covering real or personal property; or
(B) a person who advertises, solicits business, or holds himself or herself out to the public as an adjuster of claims for loss or damage under any policy of insurance covering real or personal property.
http://www.legis.state.tx.us/tlodocs/79R/billtext/html/HB02018F.HTM 728. Sec. 11.082(a), eff. September 1, 2005.Source: www.houstonautoadjusters.com