🧠 Valuation Insight: Insurance Pays the Bill, But Not the Value

 🚘 Auto body shops can generate steady work, but valuations often get dented by:

  • Insurance DRP dependency (and no contract backups)
  • Equipment wear-and-tear with no CapEx normalization
  • Low margins misrepresented as cash flow
  • Owner or family techs not replaced at market wages

📌 Volume doesn’t equal value—especially if it’s underpaid or unsustainable.