Diminished Value

If you experienced an accident that is no fault of your own, it is vital to partner with someone who knows how to navigate the maze that is the diminished value claims process. Our priority is to provide our customers with the tools and knowledge required to guide through the collision repair and damage recovery process. .

What is Diminished Value?

Suppose you have experienced an accident that was not your fault. In that case, you may not have to bear the burden of repairing your vehicle by yourself, and the other driver’s insurance company may compensate you for the diminished value of your car. Diminished value is when your vehicle’s value is worth less after an accident, even after being repaired properly.

Getting Help With Your Diminished Value Claim

The financial consequences of an automobile accident can last long after your automobile is repaired. A car involved in a crash is permanently diminished in value. Diminished value happens when a vehicle involved in an auto accident suffers physical damage structurally, cosmetically, or both. Even if the car is repaired to an immaculate, like-new condition, it is still worthless money than it was before the automobile accident occurred.

The diminished value of a vehicle becomes apparent when an individual attempts to sell it. Many states require full disclosure of all accidents in which a vehicle may have been involved. As most buyers prefer cars that have not been involved in an accident, an owner of a vehicle involved in an accident will receive less money for his or her vehicle than if the vehicle were never involved in any accidents at all. Diminished Value Attorneys can assist in recovering the loss.

At Orlando Auto Body, nobody is more committed to exceeding your collision repair expectations and that’s why we go above and beyond with the services we offer.
For us, every repair job is personal. 
Plain and simple.

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Diminished value claims help include:

Diminished value attorneys have helped recover DV in every state and by every major insurance company. Nearly every state allows individuals to file a claim of diminished value if their vehicle has been involved in an accident that is not their fault. And even if the other party does not have insurance, individuals who carry uninsured motorist coverage on their policy may be able to file a diminished value claim under their own policy.

If you experienced an accident that no fault of your own, it is vital to partner with someone who knows how to navigate the maze that is the diminished value claims process.

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