Diminished Value

Diminished Value Florida Laws: A Complete Guide for 2025
August 22, 2025
After a car accident in Florida, your vehicle may never be worth quite the same on the resale market, even after quality repairs. This loss is called diminished value, and knowing how Diminished Value Florida laws work can help you protect your investment.
Florida drivers often face an uphill battle when...

How Does Diminished Value Work? A Step-by-Step Breakdown
August 14, 2025
If you’ve ever wondered, “How does diminished value work?”, you’re not alone. Many Florida drivers are surprised to learn that even after flawless repairs, their car is still worth less because of its accident history. This difference in value is what the law calls diminished value, and understanding how it works is...

Can You Get Diminished Value on a Total Loss in Florida?
August 08, 2025
If you’ve been in a car accident in Florida, you might wonder, “Can you get diminished value on a total loss?” This is a common question for anyone trying to figure out what their car is worth after a crash. Understanding how diminished value works, and when you can file a claim,...

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...

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