Which term would describe the process of determining the value of a vehicle post-accident?

The process of determining the value of a vehicle after an accident is referred to as appraisal. This term is specifically used in the context of evaluating the condition and value of an item, which in this case is the vehicle. Appraisal involves a comprehensive analysis of various factors, including the extent of the damage, the vehicle's pre-accident value, and relevant market conditions. This detailed evaluation culminates in the establishment of a fair market value that accurately reflects the vehicle's worth after the incident.

Valuation, while similar to appraisal, is a broader term that encompasses the determination of value for various types of assets and is not limited to damaged vehicles. Assessment generally refers to a systematic evaluation, often for taxation purposes, but it does not specifically connote the detailed financial analysis required for post-accident vehicle valuation. Inspection, on the other hand, involves examining the vehicle to identify damage and assess its condition but does not directly relate to determining its overall value. Thus, appraisal is the most precise term to describe the process in question.