GLOSSARY
These definitions are from the repairers’ industry, hands-on day to day experience and not to be utilized as legal definitions.*
d
- Default Trouble Codes
- Delay Time
- Depreciation
- Depreciation of Value
- Detailing for Delivery
- Diminished Value Immediate
- Diminished Value Inherent
- Diminished Value Repairer Related
- Diminution of Value (DV)
- Direct Repair Shop
- Disassembly
- Disciplinary Action
- Dismantle
- Dispute Mechanism
- Dollar Per Paint Hour
- DRP
e
- Economical Total Loss
- Enforcement Action
- Epoxy
- Estimate
- Estimate Guidelines
- Estimated
- Estimating System
- Exclusions
- Exclusions Estimating Data Base
- Exclusions Insurance Policy
f
- Fair and Reasonable Offer
- Fair Market Value
- Fair market Value Total loss vehicle
- First Party Claim
* Disclaimer
Definitions listed within the Guild’s Glossary are to be understood from the perspective of those working within the collision repair industry and interpreted as helping consumers grasp the true meaning of being indemnified through the collision repair process. Our purpose is to explain how these terms can affect the outcome of your automobile repairs in the eyes of your repair service when confronted with a third party whose objective is focused on cost suppression. An educated consumer is our very best customer and the goal is to safeguard our readers. Please do not except these glossary explanations as legal context. We are not attorneys and do not offer legal advice. Our sole purpose is to provide an understanding of how your collision repair service may relate to a particular issue during the repair process.