1 Exhibit 1 OAR 836-080-0240 Vehicle Total Loss Notice Your vehicle has been declared a total loss. This notice is required by Oregon law and explains your rights and a typical claims process. What is a “total loss”? The Oregon Vehicle Code defines a total loss as a...
Do I have an Oregon diminished value claim? If the other driver was at fault and their insurance company is paying for the repairs to your car. If you did not receive a ticket. If you are the owner, or buying your car. Leasing does not count. It would be the Leasing...
Motorcycles have Diminished Value also. What’s your bike worth? Does your insurance company know? If they do they won’t reveal the real number to you. Few bikes are exactly the same anymore. Many owners customize their Harleys with as much as $15,000 worth...
When looking for an Diminished Value Appraiser in the Portland, Oregon Metro Area, you want an unbiased appraiser. Not someone who works for Insurance Companies on a regular basis, which most Diminished Value Appraisers do. According to Ken, he’s one of only...
Many insure companies have attempted to utilize a formula called “17c Formula” to calculate diminished value. While appearing sound initially, the formula is severely flawed. Below is the actual formula and explanation. Beware, as most insurance companies model their...
