Average appraisal costs on the rise!

The appraisal appraisal severity in Q1 2008 has shown in increase when compared to Q4 2007. Overall gross severity averages are up $ 29.75 per appraisal.  The overall severity average in Q1 2008 is $2527.81, while Q4 2007 was $2498.06.  While this is not a huge increase, it still shows an upward trend.  Third Party losses proved to have the least severity of all three types of losses.

 

Data source:  © 2008, AutoClaims Direct, DirectLink