Parent Company Overview: The St. Lucie Appraisal Company
Credentials & Licensing
State-Issued Licenses (verified for Colletta and team):
- Being a licensed insurance adjuster or auto damage appraiser in multiple states far surpasses the bar set by “certified” memberships like BOCAA, NAAA, ASCAA, IACP, or IAAA.
- This licensing ensures legal compliance, ethics standards, and continuing education, making these qualifications especially robust.
- The company is not reliant on pay-to-play “certifications” that require only membership dues.
Arkansas does not require licensure to perform diminished value or auto damage appraisals. Despite that, using an out-of-state licensed appraiser, particularly one with North Carolina credentials, strengthens the credibility and legal utility of the appraisal.
Methodology
- Uses a real-market dealer interview method, gathering six or more quotes from local dealers to support their opinions.
- Avoids formulaic approaches or generic depreciation models, such as the 17c method or blanket percentage deductions.
- Reports are USPAP-informed but also tailored for practical use in actual claims and litigation.
Reputation & Reviews
- BBB, Trustpilot, Google, and Yelp show dozens of five-star reviews praising success in small claims and civil courts, full diminished value claim payouts, and fast, professional customer service.
- Reddit and insurance forums include multiple anecdotes from users who successfully recovered thousands of dollars based on their reports.
- No significant complaints or negative ratings were found via BBB or public forums.
- Reports have been used successfully in court and appraisal clause negotiations.
Summary Assessment
| Category | Rating | Notes |
|---|---|---|
| Licensure | Excellent | Multi-state licenses including North Carolina – meets highest compliance level |
| Methodology | Proven & rigorous | Real-world dealer quotes, not algorithms – insurance-friendly |
| Reputation | Strong | Dozens of successful outcomes, widespread praise |
| Multi-state Licensure | Fully Compliant | One of the few who meet strict licensure requirement |
| Certifications | Not needed | Avoids pay-to-play “certifications” in favor of real licensure |
Final Verdict
ARKANSASDIMINISHEDVALUE.NET, as a branch of The St. Lucie Appraisal Company, is a highly credible, qualified, and well-reviewed provider of diminished value appraisals. Its team’s multi-state licensure and market-based methodology make it one of the best diminished value options in the country, especially for policyholders seeking to assert diminished value in all 50 states.
Questions & Answers About Diminished Value Appraisals in Arkansas
Is a licensed diminished value appraiser required in Arkansas?
No. Arkansas does not require state licensure to perform diminished value or auto damage appraisals. That said, using an appraiser who holds licensure in other states, particularly one with North Carolina credentials, strengthens the credibility and legal utility of the appraisal, since North Carolina maintains one of the strictest licensure standards in the country.
How does The St. Lucie Appraisal Company determine diminished value?
Rather than relying on formulas, algorithms, or generic depreciation models like the 17c method, the company uses a real-market dealer interview method, gathering six or more quotes from local dealers to support its findings. Reports are USPAP-informed but built for practical use in claims and litigation.
Can a diminished value report actually be used in court or negotiations?
Yes. Reports from The St. Lucie Appraisal Company have been used successfully in small claims court, civil court, and appraisal clause negotiations, and customer reviews across BBB, Trustpilot, Google, and Yelp consistently cite full diminished value claim payouts as an outcome.
Why do certifications like BOCAA, NAAA, or IAAA matter less than state licensure?
Those certifications typically require only membership dues rather than the legal compliance, ethics standards, and continuing education tied to state-issued insurance adjuster or auto damage appraiser licenses. A multi-state licensed appraiser meets a higher bar than a pay-to-play certification alone.
How do I start a diminished value claim in Little Rock or elsewhere in Arkansas?
The St. Lucie Appraisal Company prepares Automobile Diminished Value Reports for a fee of $275.00. You can review customer feedback, submit payment, and get started using the links on this page, or call 772-359-4300 with any questions.
READ CUSTOMER REVIEWS OF THE ST. LUCIE APPRAISAL COMPANY
The fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300.
Before making your secure payment please email the body shop estimate or insurance company appraisal to contact@stlucieappraisal.net
TESLA AND OTHER EXOTIC CAR OWNERS PLEASE CALL FOR RATES.
Service Area – Arkansas
Service in Little Rock, Fayetteville, Fort Smith, Springdale, Jonesboro, North Little Rock, Conway, Rogers, Pine Bluff, Bentonville, Hot Springs, Benton, Sherwood, Texarkana and throughout Arkansas.
Arkansas, Ashley, Baxter, Benton, Boone, Bradley, Calhoun, Carroll, Chicot, Clark, Clay, Cleburne, Cleveland, Columbia, Conway, Craighead, Crawford, Cross, Dallas, Desha, Drew, Faulkner, Franklin, Fulton, Garland, Grant, Greene, Hempstead, Hot Spring, Howard, Independence, Izard, Jackson, Jefferson, Johnson, Lafayette, Lawrence, Lee, Lincoln, Little River, Logan, Lonoke, Madison, Marion, Miller, Mississippi, Monroe, Montgomery, Nevada, Newton, Ouachita, Perry, Phillips, Pike, Poinsett, Polk, Pope, Prairie, Pulaski, Randolph, Saint Francis, Saline, Scott, Searcy, Sebastian, Sevier, Sharp, Stone, Union, Van Buren, Washington, White, Woodruff and Yell Counties.
Dealing With a Total Loss Instead?
This is an Open Education resource focused on auto diminished value, collective knowledge and the sharing of scholarly content.
ARKANSASDIMINISHEDVALUE.NET and TOTALLOSSDISPUTE.COM are services of The St. Lucie Appraisal Company