Car Dealer Contract Arbitration Clause:

The signature required arbitration clause found in most new and used car dealer sales contracts read the following:

“Any claim or dispute, whether in contract, tort, statute, or otherwise (including the interpretation and scope of the arbitration clause, and the arbitrability of the claim or dispute), between you and us…which arises out of or relates to your credit application, purchase or condition of this vehicle, this contract or any resulting transaction or relationship (including any such relationship with third parties who do not sign this contract) shall, at your or our election, be resolved by neutral, binding arbitration and not by a court action.”

“We will advance your filing fee, administration, service or case management fee and your arbitrator or hearing fee all up to a maximum of $______, which may be reimbursed by decision of the arbitrator at the arbitrator’s discretion. The arbitrators award shall be final and binding on all parties.”

If you purchased a new or used motor vehicle from a licensed motor vehicle dealer, then you or the dealer have the right to invoke an arbitration under the language in your signed sales contract.

Insurance Auto Policy Binding Arbitration Clause:

Any controversy or claim arising out of, or in any way relating to this insurance company, which can’t be settled between the parties, must be submitted to binding arbitration. The costs of arbitration shall be shared equally between the insured and the insurance company. Both parties agree the arbitrator’s decision will be final and binding, and cannot be appealed. In most cases, we arbitrate cases involving the Total Loss Actual Cash Value (ACV) of a motor vehicle, auto damage repair estimates disputes on whether a vehicle should be declared a total loss or repair it, loss of motor vehicle use and the reasonable rental reimbursement costs based on the type of vehicle in controversy, and more.

This applies to personal insurance policy or commercial insurance policy company autos, trucks, luxury motorhomes, travel trailers, 5th wheels, classis cars, truck tractor and trailer, custom trailers, large fleets, and earth moving vehicles not classified to be driven on the roads or highways.

Diminished Value Arbitration

If you are an insurance company or a third-party claimant who has a claim filed for diminished value, our Diminished Value Arbitrators are experienced in diminished value arbitration awards, based on the information submitted by each auto appraiser or expert witness.

Diminished value awards have been awarded from ZERO DOLLARS AND ZERO CENTS up to the FULL DOLLAR AMOUNT. Our no-nonsense approach to diminished value arbitration does not believe in “splitting the baby.”