Your vehicle’s market value is at its highest when it’s brand new. However, it begins to lose value once you drive it off the lot. The older your car gets and the more miles it has, the lower its ...
Your car can lose value if it’s damaged in an accident, even after full repairs. Diminished-value claims reimburse you for the value your car would lose due to the accident if you sold it. You can ...
The point of car insurance is to make you whole again after an accident. But no matter how expertly repaired, a car with an accident history will likely be worth less than one without -- even if the ...
Even after your car gets expertly repaired following an accident, there's a good chance its value will never quite be the same as it was before. Buyers and even professional appraisers tend to view ...
People have heard me talk about a couple of things that are on my FAQ page under the insurance section. One is the article I wrote on dealing with an insurance adjuster, and the other one is about ...
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What should I look for when hiring a diminished value appraiser?
Choosing the right diminished value appraiser may be one of the most important decisions you make after a car accident. The quality of your appraisal, the methodology behind it, the credentials ...
The plaintiffs both were involved in car accidents with Commerce-insured individuals, and both individuals were deemed "legally responsible for the accident," the plaintiffs' brief said. However, both ...
I would like to file a diminished value claim in Illinois. My wife was involved in a car accident and it was not her fault. Could you tell me what I should do if I want to file it myself without ...
The court in Thompson v. State Farm Fire & Cas. Co., 2016 U.S. Dist. LEXIS 30308 (D. Ga. 2016), recently issued a mixed ruling on class certification regarding diminished value claims for Georgia ...
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