Published in Texas Automotive – Thomas Greco Publishing When a vehicle owner brings their car to a shop after an accident, they typically expect it to be repaired, so it’s a tough blow when they learn their vehicle has been deemed a total loss. It’s even more upsetting when their insurance carrier shortchanges them by undervaluing the actual cash value (ACV) of the loss. Yet, that’s a common occurrence these days as demonstrated by the prevalence of allegations, lawsuits and settlements related to under-indemnification. While shops, vehicle owners and consumer advocates have been bringing these concerns to the forefront for a number of years through a variety of methods, a…

Published in Texas Automotive – Thomas Greco Publishing Texans deserve to drive safe vehicles, even after their car is damaged in an accident; however, proper vehicle repairs can be costly, and it’s all-too-common for insurance carriers to use unfair methodologies to undervalue both repairable and total loss vehicles, thereby under-indemnifying their policyholders. This is no surprise to collision repairers who repeatedly witness this tragic situation, and for years, shops have taken this burden on their shoulders, encouraging customers to utilize the Appraisal Clause in their policies to get a fairer shake. Unfortunately, in 2015, the Texas Department of Insurance (TDI) permitted State Farm to eliminate the Appraisal Clause from its…