Diminished Value

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...

How Do I Claim Diminished Value in Florida?
March 15, 2022
The steps for filing a diminished value claim in Florida are different from filing an accident claim. After the collision, vehicle repairs may be paid for by your insurance company, which will recover the amount from the at-fault driver’s insurance company. The diminished value claim will only be compensated by the at-fault driver’s insurance company and cannot...

5 Things That Factor into Calculating a Loss of Value Claim
March 11, 2022
If you have been in a Florida car accident caused by another driver’s negligent actions, you want to recover all of the compensation you are owed. The diminished value of your vehicle is the difference between the value of the vehicle before the accident and the value of it after repairs.
5 Things That Factor into Calculating Diminished...

When Should I File a Diminished Value Claim?
March 04, 2022
When you have been in an accident with a negligent driver, you are entitled to compensation for your damages. Diminished value is another type of damage you may be able to recover from the at-fault party. The purpose of diminished value is to compensate you for the loss of value to your vehicle following an accident.
When Should...

Why Do I Need to File for Diminished Value After a Car Accident?
March 01, 2022
When your accident is the result of the negligence of another, insurance companies are expected to repair your vehicle to the same appearance, function, and value that it had before the accident. The problem is that even a “perfectly repaired” vehicle may suffer a loss of value that cannot be fixed by even the best automobile repair...

What Can a Diminished Value Attorney Do For Me?
February 24, 2022
If you are seeking compensation for diminished value after a Florida car accident, you have probably wondered, what can a diminished value attorney do for me? Here is a list of the top five ways an experienced diminished value attorney will work to ensure that you are properly compensated for the loss of value to your vehicle.
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Should I File a Diminished Value Claim in Florida?
February 18, 2022
If you have been in an accident and are considering a diminished value claim in Palm Beach County, you probably have questions. You have come to the right place because we have the answers you need. In this article, we discuss the factors that you must consider when deciding if a diminished value claim is worth...

How Long Does It Take to See a Payout From a Loss of Value Claim in Florida?
February 11, 2022
When you seek compensation for the diminished value after an accident, there is a window of time that insurance companies have to pay or deny the claim. In the state of Florida, insurance companies have 30 days to accept or deny payouts from a loss of value claim. Florida law does offer guidelines that insurance companies must...

How Do You Determine Diminished Value on a Car?
January 31, 2022
The difference between your car’s fair market value before an accident and its reduced value after repairs is known as diminished value. This article investigates how the diminished value of a car is determined and the reasons you may want to determine diminished value if you have been in a car accident.
Diminished Value Claims South...

How Quickly Can You File a Diminished Value Claim in Florida?
January 28, 2022
Florida is a diminished value state, so after an accident, you may be entitled to file a claim for the loss of value to your car as a result of the accident. If you are interested in filing a diminished value claim, you may be wondering just how soon you can file such a claim. Keep reading...