InsurifyAI Valuations

Dear Vehicle Owner,

In accordance with your request, I have appraised the following vehicle:

2019 Tesla Model 3 Standard Range Plus RWD
VIN #5YJ3E1EA5KF312440

In my opinion, the Actual Cash Value of this vehicle as of December 14, 2025 was:

$29,155

For reference, the carrier (State Farm) valued the vehicle at $17,262 — a difference of $11,893. This report explains the factors considered and the rationale behind the determined value.

The appraisal was developed and this report prepared using recognized valuation methodology consistent with the Uniform Standards of Professional Appraisal Practice (USPAP): identification of the subject vehicle, condition assessment, market research, and a comparable-sales approach with documented adjustments.

Thank you. Please do not hesitate to contact us if we can be of additional service.

Sincerely,

InsurifyAI Valuations · ASCAA-Certified Auto Appraiser

InsurifyAI · [email protected] · (603) 505-1091

InsurifyAI Valuations

Purpose of Appraisal

This appraisal is conducted to determine the Actual Cash Value (ACV) of the subject vehicle as of the date of loss, specifically to address and dispute the valuation provided by State Farm. The appraisal presents a well-supported, documented value that reflects the true worth of the vehicle based on current market conditions, comparable sales, and the specific characteristics, options, and condition of the vehicle — most notably its purchased Full Self-Driving capability, which the carrier's comparables did not carry.

Intended Use

The intended use of this report is to serve as an authoritative document in support of the owner's dispute with State Farm regarding the valuation provided. This report may be used to negotiate a fair settlement and, where the policy's appraisal clause is invoked, to support the independent-appraiser process that resolves valuation disputes between the insured and the insurer. It may also be relied upon in mediation to facilitate a resolution.

Intended User

The intended user of this report is the vehicle owner, who commissioned the analysis to address the carrier's valuation. The report is also intended for State Farm and its representatives, who may review it as part of the dispute-resolution process, and — if the appraisal clause is invoked — an independent appraiser or umpire selected to resolve the valuation dispute.

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Scope of Work

Introduction

This Scope of Work outlines the methodology and procedures followed in conducting this vehicle appraisal, consistent with recognized (USPAP) valuation practice.

Identification of Subject Vehicle

• Accurately identify the vehicle — VIN, make, model, year, trim, and distinguishing options — to ensure accuracy in the appraisal.

Vehicle Condition Assessment

• Rely on available inspection reports, photographs, service and upgrade records, vehicle-history reports, and owner statements to evaluate condition.
• Consider exterior, interior, mechanical, and any prior accidents or damage.

Market Research & Analysis

• Use dealer listings, marketplace data, auction results, and private-sale data to gather market intelligence.
• Analyze national and regional markets for geographic variation in pricing and demand.

Comparable Sales Approach

• Identify advertised or recently sold comparables by make, model, year, mileage, and specs.
• Adjust comparable values for differences in mileage, options, condition, and other relevant factors.
• Derive a market-supported value for the subject vehicle from the adjusted comparables.

Conclusion

This methodology is designed to provide a transparent, thorough, and market-supported assessment of the vehicle's value.

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Identification and Description of Subject Vehicle

Subject Vehicle

Vehicle Options & Specs

• Full Self-Driving Capability — PURCHASED OUTRIGHT ($8,000 factory option)
• Autopilot (included)
• Hardware 3.0 (FSD Computer)
• Premium Interior — Black / White premium seats
• 15-inch center touchscreen · Premium Connectivity
• All-glass panoramic roof
• 18-inch Aero wheels
• Heated front seats · Dual-zone climate
• Immersive premium audio

Added / Aftermarket

• Full-body ceramic coating (professional application)
• Chrome delete (blacked-out trim)
• Ceramic window tint (all windows)

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Vehicle Condition

The subject vehicle is reported to be in good condition for its year and mileage. Exterior is free from significant dents or scratches; interior shows normal wear consistent with mileage. Clean title. No junk, salvage, or prior insurance total-loss events reported to vehicle-history records. Below-average mileage for model year.

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Comparable Vehicles Summary

Comparable listings shown are representative market examples for this specimen report; VINs are masked. In a customer report, comparables are sourced live at the time of loss.

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Adjustment Grid

Opinion of Value: $29,155

A plus (+) adjustment is applied to a comparable when it is inferior/less desirable than the subject in that category; a minus (−) adjustment when it is superior. A check means the comparable matches the subject.

The adjusted comparable values range $28,700–$29,150. The opinion of value of $29,155 reflects this range, together with the documented and now-irreplaceable purchased Full Self-Driving capability (Tesla ended outright FSD purchases in 2026), and is consistent with the actual cash value agreed in the settlement letter.

Prepared by InsurifyAI as a market valuation analysis to support a policyholder's claim. Not legal advice; not a substitute for a licensed or USPAP-certified appraisal where required by policy or law. Values reflect documented market comparables and the subject vehicle's options and condition as provided. Headline figures are drawn from the carrier's valuation report and the executed settlement letter. InsurifyAI LLC · 221 Main St, Ste A, Nashua NH 03060.