When a car has been in an accident, it can lose market value, known as “Diminished Car Value”. Even if mechanics assure you that the car has been restored to its original condition, its perceived value may still be affected. Imagine you were looking to buy a car and found two identical vehicles, but one had been in an accident. Which one would you choose? Most likely, you would prefer the car with a clean record, unless you could negotiate a lower price for the other car. This difference in perceived value is what we call “Car Diminished Value”.
Today, companies like CARFAX® make it easy for buyers to check a car’s entire history, including any accidents it has been in. So it’s essential to ensure that you receive adequate compensation for any damages your car has sustained, as well as its loss in diminished value.
DIMINISHED CAR VALUE EXAMPLE:
Your auto is worth $35,000 before the accident. The accident occurs and the vehicle is repaired by an auto body shop. The cost of repairs is $6,220. It is determined that your vehicle is now worth only $26,750. Your vehicle has suffered $ 8,250 in diminished value.
The auto suffers a loss in value even if the repairs made to it were of excellent quality. The vehicle’s value may be further if the body shop repairs were of poor quality.
Car insurance diminished value claims are not rocket science. If you have a proven starting point for negotiation, and the information needed to substantiate your demand from the at-fault insurance company, you can get the money you deserve for your auto’s loss in market value after an accident.
Use our diminished value calculator to get an instant on-line appraisal!
AFTER YOUR VEHICLE HAS BEEN REPAIRED
Settle Your Claim In Three Steps:
1.
Instantly discover your vehicle’s diminished value and make an informed decision about pursuing your case. You won’t be charged if you don’t qualify. If you’re entitled to diminished value, you’ll receive a $9.99 coupon applicable to any of our kits.
2.
Use your $9.99 assessment coupon credit to purchase a diminished value report that best fits your level of need to settle your claim with the at-fault insurance company.
3.
A diminished value report is just a starting point for negotiation. Insurance Adjusters are professional litigators, utilize the information contained in our kits to make you an expert in diminished value.
Assessment - $9.99
Get an instant diminished value appraisal to see if your claim is worth perusing.
Your credit card won’t be charged if our calculation determines you don’t qualify for diminished value.
If you’re entitled to diminished value, you’ll receive a $9.99 coupon applicable to any of our kits.
Silver - $49.99
If a diminished value report is all you need, our professionally constructed diminished value report can be presented to the at-fault insurance company.
This is just the start of the negotiation process with the insurance company for the fair compensation of your vehicle’s loss in market value.
Gold - $99.99
Our Silver Kit plus:
- Instructions that will assist you in properly submitting your claim.
- Sample template letter that you can use to demand adequate compensation from the at-fault insurance company.
- Negotiating advice that will help you assertively settle your claim.
Platinum - $149.99
The same professional documentation as the Gold Kit plus:
- Sample conversations and intelligent responses to arm yourself against insurance adjusters jargon and lies.
- Information on how to pursue your diminished value claim in the court of law, and tax tips to help you get the most out of your settlement.
