Reed Appraisers

Silver Spring, United States

5

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2 reviews

Accepts Credit Cards

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Accepts Credit Cards
Yes

Description

Specialties

Independent Auto Appraisers: DV or Diminished Value Reports (Auto)

History

Established in 1986.

Reed Appraisers, established in 1986, is based in the Washington DC metro area. We originally began as an independent auto damage appraisal company focusing on providing repair estimates and appraisals for auto damage claims to insurance companies, attorneys, and the general public.

In 1996, we recognized a need for a fair system to calculate diminished value losses due to collision damage. After years of researching the issue, we developed our own software, titled V-​CAR (Vehicle Collision Analysis Report). The V-​CAR software employs both real-​time and historical sales data obtained directly from multiple industry recognized sales databases and then compares the relevant data in a direct comparison to the repair history of your vehicle. In use since 2000, the V-​CAR software has proven to be highly accurate and has helped calculate losses for thousands of diminished value claims for private clients, attorneys, and insurance carriers.