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Auto & Marine Appraisal In Wood River

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Auto & Marine Appraisal


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Helpful Definition for: Auto & Marine Appraisal

Auto and marine appraisals are determinations of the value of motor vehicles and marine craft performed by appraisers who may work independently, for insurance companies, or for businesses whose primary focus is conducting appraisals. Basically, a condition and valuation appraisal is a written report on the current condition and present value of a motor vehicle or vessel based upon its condition and geographic location. While some large appraisal companies handle both automotive and marine appraisals, many deal only with cars and other motor vehicles, and others specialize strictly in marine craft. Appraisals are conducted primarily for insurance purposes such as damage claims, but are also used for purposes of litigation, taxes, property settlements, donation valuations, and evaluating the worth of antique and classic vehicles. The requirements for becoming an appraiser vary widely by state, with some states having few formal requirements and others mandating classes, testing, and even licensing. Guidelines for both auto and marine appraisals are published by the National Automobile Dealers Association (NADA); A car appraisal is a determination of the car's market value at the time an auto insurance policy is written. It may also include a visual inspection of the vehicle. An insurance company uses a car appraisal to determine how much it will likely pay the policyholder if the vehicle is damaged or destroyed A professional opinion, usually written, of the market value of a property, such as a home, business, or other asset whose market price is not easily determined.

Recent News:







EPA Requires U.S. Forest Service to Close 60+ Cesspools in California’s Natio...
Lee Ann Rush   SAN FRANCISCO – Today, the U.S. Environmental Protection Agency (EPA) announced an agreement with the U.S. Forest Service (USFS) to close 62 campground pit toilets, considered to be large capacity cesspools, at seven national forests across California. USFS, an agency of the U.S. Department of Agriculture, will have until December 2020 to comply with the federal Safe Drinking Water Act’s ban on large capacity cesspools (LCC).   “EPA and the U.S. Forest Service are taking important steps to close these banned cesspools,” said EPA Pacific So...

EPA Finalizes Plan to Remove Contamination Source and Expand Groundwater Trea...
Lee Ann Rush   NEW YORK, NY – Today, the U.S. Environmental Protection Agency (EPA) announced that it has finalized a plan to address a newly identified contaminant and enhance treatment of contamination at the Combe Fill South Landfill site located in Chester Township in N.J., an inactive municipal landfill covering 65 acres. EPA’s cleanup plan includes expanding and enhancing the existing groundwater treatment system that is currently operating at the site in addition to excavating and removing an area of materials that are a contributing source of con...

EPA Awards Close to $19 Million to Vermont to Support Local Clean Water Projects
Lee Ann Rush   BOSTON – Today, the U.S. Environmental Protection Agency (EPA) announced the State of Vermont was awarded a total of $18,966,000 in Clean Water and Drinking Water State Revolving Loan Fund (SRF) grants to finance community-based water infrastructure projects, such as upgrades to municipal sewage plants and public drinking water systems.   “Communities across Vermont will enjoy cleaner water and make important infrastructure upgrades thanks to this funding,” said EPA New England Regional Administrator Alexandra Dunn. “These low-cost loans f...

EPA Awards $120,000 to Huron Pines to Help Michigan Communities Address Envir...
Lee Ann Rush   CHICAGO – The U.S. Environmental Protection Agency announced that Huron Pines, an environmental advocacy organization based in Gaylord, Michigan, will receive $120,000 to address environmental justice (EJ) issues in Michigan communities. EPA provided a total of $1.2 million nationwide for cooperative agreements with 10 organizations. The projects selected this year reflect an emphasis on support for rural communities and watershed protection.   “Many rural and disadvantaged communities are disproportionately impacted by environmental healt...

EPA and Camden, New Jersey Tackle Illegal Dumping
Lee Ann Rush   NEW YORK, NY – On 10/04/2018, the U.S. Environmental Protection Agency (EPA) announced that Center for Family Services, Inc. in Camden, New Jersey was selected to receive $120,000 in funding through the 2018 Environmental Justice Collaborative Problem-Solving (EJCPS) Cooperative Agreement Program. Ten organizations nationwide were selected to receive a total of $1.2 million in funding. Center for Family Services, Inc. is a non-profit organization working to address public health threats and environmental problems caused by illegal dumping ...