Heavy equipment appraisals
Total Loss Valuation
Our Heavy Equipment Department specializes in appraisals where equipment has been deemed a total loss. We focus on determining true market value based on age, condition, usage, maintenance history, and current demand across regional and national markets. From tractor trailers and dump trucks to cranes, forklifts, and specialty machinery, our valuations are thorough, data-driven, and defensible—supporting fair and efficient resolution for both policyholders and insurance carriers.
Market & Equipment Valuation
Valuing heavy equipment requires a deep understanding of utilization, wear and tear, and industry demand. Our team evaluates hours of operation, prior use (construction, transport, agricultural, etc.), maintenance records, and any installed attachments or upfits. We utilize verified comparable sales and market trends to ensure accuracy, while also accounting for condition and operational readiness at the time of loss. This structured approach provides clarity in valuation disputes and supports well-founded conclusions.
Specialized Equipment Valuations
While our primary focus remains total loss appraisals, we recognize that certain types of heavy equipment require a more tailored approach. Highly specialized machinery, custom builds, or unique operational equipment may warrant additional analysis beyond standard valuation methods. In these cases, we assess modifications, attachments, and niche market demand to accurately capture value. Our role remains focused on valuation; however, we are available to assist in complex scenarios where specialized expertise is necessary to properly evaluate the loss.