Which of the following is NOT acceptable for completing a total loss evaluation?

In the context of completing a total loss evaluation, it is important to use credible and reliable sources to determine the value of a vehicle. While Kelly Blue Book is a well-known resource for vehicle valuations and is frequently used in the industry, it is not considered an acceptable method for total loss evaluations due to its reliance on general market data that may not accurately reflect the specific circumstances of a given vehicle, such as its condition or local market trends.

The other options are widely accepted for total loss evaluations. Insurance replacement cost refers to the cost to replace the vehicle with a similar make and model, taking into account the current market conditions and condition of the vehicle. Market analysis involves a thorough examination of comparable vehicles in the local market to derive a fair value. Professional appraisal services provide an expert evaluation based on in-depth knowledge of the industry and specific methodologies for valuing vehicles, ensuring a more accurate assessment than a general guide like Kelly Blue Book.

Employing these more detailed and contextual methods leads to a more precise and fair total loss evaluation, while relying on Kelly Blue Book alone may not adequately account for unique aspects of the vehicle or market fluctuations.