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Total loss equipment appraisals establishing actual cash value at the date of loss, prepared in accordance with USPAP. AppraiseItNow delivers certified machinery and equipment reports that support fair insurance settlements.
They diligently researched both equipment items and provided well-documented reports
They got the job done in only a few days with excellent customer service
…I am looking forward to utilizing AppraiseItNow for many years to come
DEFENSIBLE, USPAP-COMPLIANT MACHINERY & EQUIPMENT APPRAISAL REPORTS — QUALIFIED FOR INSURANCE CARRIERS, ADJUSTERS, AND CLAIMS REVIEWERS.
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Owner & CEO
Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.
Machinery & Equipment Appraiser
Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.
Vehicle Appraiser
CAGA Certified Appraiser since 2014, covering vehicles, boats, equipment, fine art, and collectibles. A classic-car restoration background informs her vehicle work, with reports prepared for insurance, divorce, and charitable contributions.
Client Success Manager
Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.
Certified Appraisers Guild of AmericaCertified Appraiser
The Appraisal FoundationAuthorized by Congress as the source of appraisal standardsWhen equipment or machinery is destroyed, severely damaged, or rendered irreparable by fire, flood, theft, or other catastrophic events, a total loss appraisal establishes the actual cash value or replacement cost needed to support your insurance claim. Insurers require documented, defensible valuations to process settlements, and disputes over pre-loss value are common when coverage was based on outdated tax depreciation rather than current market data. Our equipment valuation practice covers manufacturing machinery, medical devices, restaurant equipment, technology assets, and more, with appraisers credentialed through ASA and AMEA in the Machinery and Equipment discipline.
AppraiseItNow delivers total loss insurance appraisals both online and onsite across the United States, working from photographs, maintenance records, serial numbers, and policy documentation when an on-site inspection is not feasible. For casualty losses claimed as tax deductions, IRS Form 4684 and Form 8283 (Section B) apply when deductions exceed $5,000, and our USPAP-compliant reports satisfy those requirements.
AppraiseItNow appraises a wide range of commercial and industrial assets when a total loss event occurs, including:
Our process and deliverables are designed to hold up under insurer scrutiny, legal review, and IRS examination:
What clients say we are known for
Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.
I was looking for an appraisal and time was of the essence. They got the job done in only a few days with excellent customer service. Great business to work with.
Machinery & Equipment Appraisal for Insurance Coverage
AppraiseItNow did an outstanding job appraising my 1998 Bobcat Skid Steer and circa 2010 Yuchai Crawler Dozer. We could not locate a serial number on the dozer, and there were no online sales available, but they were still able to develop an accurate appraisal using known specifications for my dozer compared to other comparable make and model dozers. They diligently researched both equipment items and provided well-documented reports.
Machinery & Equipment Appraisal
From the start they were very responsive, price competitive, and had a quick turn around time. Thank you so much to Joe who was very sweet in responding to my emails; I am looking forward to utilizing AppraiseItNow for many years to come.
Very thorough and professional — great communication and outstanding service. Highly impressed with their work!
When repair costs exceed its actual or market value under the policy's basis of indemnity: machinery breakdown wordings treat that situation as a total loss and settle at the depreciated actual value, meaning the cost of replacing with machinery of the same age, capacity, make, and quality. Replacement-cost coverage changes that outcome only if the policy says so.
Only to titled, vehicle-type equipment such as trucks and certain mobile machinery. States set thresholds around 70 to 75 percent of actual cash value (Florida uses 80 percent), or apply a total loss formula comparing repair cost plus salvage to ACV, as Texas does. Untitled plant machinery is governed by the policy wording instead.
Contemporaneous dealer quotes and comparable listings from sources like Fastline, TractorHouse, and Machinery Pete, matched to the loss date. The IRS applies the same expectation to casualty and disaster loss claims, requiring pre-loss and post-loss fair market value from identifiable market sources rather than book value or depreciation schedules.
Usually not. Valued policy laws that force payment of the stated limit apply only to specific property types and policies; outside them, recovery is capped at actual cash value at the time of loss, with retained salvage deducted. Owners assuming replacement cost or limit-value payouts on ACV policies are the most common source of settlement disputes.