Diminished Value

How Much Does an Accident Devalue a Car?
July 16, 2025
Even if your car looks brand new after an accident, its value probably took a hit. You might be wondering, how much does an accident devalue a car? The short answer: more than you think, sometimes by thousands of dollars.
In Florida, if someone else caused the accident, you may be able to...

How Do I File a Diminished Value Claim in Florida?
July 09, 2025
If your car’s been in an accident, you might already know that getting it repaired is just part of the story. Even after it’s fixed and looks great, it might still be worth less than it was before the crash. That drop in value is called diminished value, and if the accident wasn’t your...

What is a Loss of Value Claim?
July 02, 2025
If your car has ever been in an accident, even a minor one, you’ve probably heard that it’s not worth as much as it used to be. Even if everything was repaired perfectly, the fact that your car now has an accident history can lower its value. That’s where a Loss of Value Claim

Understanding Florida Diminished Value Law: Filing the Right Claim
November 10, 2024
Getting into a car accident is stressful enough, but many people don’t realize that their car may lose value even after it’s repaired. This loss in value is known as "diminished value." In Florida, you might be able to get compensated for this loss if the accident wasn’t your fault. Understanding the Florida Diminished Value Law

What Information Do I Need to File a Diminished Value Claim in Florida?
October 01, 2024
When your car gets involved in an accident, its value often decreases even after repairs. This reduction in value is known as diminished value, and it can significantly impact the resale value of your vehicle. Filing a diminished value claim can help you recover this lost value. In this comprehensive guide, we will walk you through...

What is a Diminished Value Claim? 3 Things You Should Know
September 30, 2024
Accidents happen. Whether it’s a minor fender bender or a more severe collision, your car’s value can take a significant hit. This depreciation is where the concept of a diminished value claim comes into play. But what is a diminished value claim? Understanding this term and its implications can help you recoup losses. In this blog...

Claiming Diminished Value in Florida: What You Need to Know
February 20, 2023
If you or someone close to you has been in an accident that was caused by a negligent or careless driver, getting fully compensated for your damages may include compensation for the reduced or diminished value of your vehicle. Let’s take a look at claiming diminished value in Florida.
No-Fault State
Florida is a “no-fault state,”...

When Do You Need to Declare Damages Following a Car Accident
November 18, 2022
If you or your loved one has suffered damages due to an accident with a negligent driver you may be wondering when you need to declare damages following a car accident. Here we will take a look at the statute of limitations in the state of Florida for declaring damages after a car accident.
Reporting a Car Accident

Rear Ended Over the Holidays? File A Diminished Value Claim
November 14, 2022
If you have been rear-ended over the holidays due to the negligence of another driver you could be entitled to compensation for the reduced market value of your vehicle. This type of compensation is known as diminished value compensation, and it is intended to compensate for the value that your vehicle lost as a direct result of...

5 Frequently Asked Questions About Diminished Value Claims
March 22, 2022
If you are confused about diminished value and how to determine if you are able to make a claim, we have answered 6 frequently asked questions about diminished value claims. This article aims to clarify diminished value claims and answer common questions, but it is not a substitute for consulting an experienced Florida diminished value attorney.
1. What...