Q: What is the statute regarding qualifications of auto appraisers in New Mexico? Do they need to be licensed?
I was involved in an accident in which the third-party accepted liability. As the vehicle was only 4 months old, a diminished value claim was started. I hired a certified appraiser and received a very detail report stating the diminished value. I submitted this to the insurance company, however, the insurance company will not consider the report because the appraiser, though certified (certified through the American Society of Certified Auto Appraisers), is not licensed. I have read online and have also been told by the appraiser that New Mexico (that state that I reside in and the state the accident occurred in) does not require adjusters to be licensed.
A: Insurers don't like diminished value claims. If third party accepted liability, you should have an attorney to work on your injury case. If not, contact a member of the NMexico Trial Lawyers Association--they give free consultations.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
