Diminution In Value
Diminution in value is the legal term for the loss of value to repaired property due to the repair itself. Our specialty is automobile diminution in value, which occurs when a vehicle undergoes collision repair, even where the repairs are undetectable. If two identical vehicles sit side-by-side but one underwent collision repair and the other did not, most consumers won't value the repaired vehicle as much as the identical vehicle that did not require collision repair.
If you've ever tried to trade-in a vehicle with an accident history you know that the dealer substantially discounts the trade-in value.
In most states, diminution in value is only recoverable where someone else caused the accident, and for all practical purposes that individual needs to have valid insurance for a claim to be successful. The person making the claim always carries the burden of proof in terms of the amount of diminution in value, that's where we come in.
THE STATUTE OF LIMITATIONS IS UP TO FOUR YEARS AND YOUR CLAIM COULD STILL BE VIABLE EVEN IF YOU NO LONGER HAVE THE VEHICLE.
Our mission is to provide consumers with everything they need to recover their claim with minimal effort and at a reasonable cost.
Insurance companies go to extreme lengths to avoid paying diminution in value claims, so going it alone seldom turns out well.
Visit the Our Services page to learn how we can help.