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The Valuation Process

& Why it's necessary

Why Valuate your Vehicle?
 
Vehicle owners should ensure that they are not under-insuring a vehicle that has appreciated in value due to changes in economic conditions resulting in the inability to replace it in the case of Total Loss, or be over-insuring a vehicle that has deteriorated in condition or value resulting in the paying of unneccessarily high Insurance Premiums. Many Jamaicans have learned through experience that many vehicles for sale may actually be incorrectly registered, (Click here for More Info) or may have been tampered with (Click Here for More Info). Being informed of the correct market value prevents conflict with your Insurance Company should a claim situation arise.
                                                                                                                                         The Jamaican Automobile market comprises of vehicles manufactured for various world markets and imported to Jamaica. Japanese Domestic, Asian, European, Canadian, and United States are some of the markets that are imported alongside the Local Dealer models. As such, a particular model vehicle may have features, engine types, drivetrain, and body parts that may vary from that of the Local Dealer model. This often makes it difficult to easily procure replacement parts for maintenance service or damage repair. In some instances these vehicles are purchased under salvage titles, repaired and then imported into Jamaica.                                                                                                                                            Insurance Companies also require owners to do regular valuations due to the high incident of fraud in Jamaica with all types of vehicles. As such they need to verify that the car you are insuring is still the same car as originally registered and that it is roadworthy.

So safeguard yourself when investing in the purchase of a vehicle!
 
 
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KINGSTON

Head Office,
27 Lady Musgrave Road
Kingston 5
St. Andrew
Tel: (876) 978 9871-5    Monday-Friday           7:30am-5:00pm
PORTMORE

Shop #12,
Portmore Town Center Plaza
26-27 Merchantile Avenue
St. Catherine
Tel: (876) 998 6369        Monday-Friday                8:30am-4:30pm
OCHO RIOS

Penthouse #2,
The Pineapple Hotel Pineapple Place
Ocho Rios, St. Ann
Tel: (876) 974 1415
        Monday-Friday                8:30am-4:30pm
MAY PEN

Shop #3,
Auto All Plaza
30a West Park Avenue
May Pen, Clarendon
Tel: (876) 902 8760
        Monday-Friday                8:30am-4:30pm
MONTEGO BAY

Shop #4,                         Nnatts Complex
Fairview Shopping Center
Bogue, St. James
Tel: (876) 684 9706
        Monday-Friday                8:30am-4:30pm
MANDEVILLE

Shop #10,
Caledonia Plaza
Mandeville
Manchester
Tel: (876) 961 4202
        Monday-Friday                8:30am-4:30pm
                         
 
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