What should an appraiser aim to provide in their official reports?

An appraiser should aim to provide accurate and factual information in their official reports because this ensures that the assessment of the vehicle's condition and value is based on objective data rather than personal opinion or bias. Accurate reporting is essential for establishing fair market value, supporting claims, and maintaining credibility in the appraisal process. This factual basis helps to uphold the integrity of the appraisal profession and ensures that decisions made by insurance companies or other stakeholders are grounded in reliable evidence.

Providing subjective opinions on vehicle value would undermine the objectivity required in appraisals, while low estimates aimed at benefiting the insurer could lead to potential ethical concerns and mistrust in the appraisal process. Likewise, quick judgments without proper documentation would compromise the thoroughness necessary for a legitimate appraisal, potentially leading to inaccuracies and disputes in valuation. An official report must reflect a diligent analysis and complete documentation of the vehicle's condition and value to serve its intended purpose effectively.