How Quickly Can You File a Diminished Value Claim in Florida?
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 to discover how and when you can file a diminished value claim in Florida.
Gather The Information
As with any legal filing, you want to file your claim as soon after the accident as you possibly can. You cannot file a claim until you have the necessary information though. You will need to have your car repaired first.
After repairs, you can schedule an appraisal with a licensed professional appraiser. The appraisal report will give you a much clearer picture of what amount of compensation you can hope to receive. Other options include taking the car to a dealership and asking for a trade-in estimate in writing or selling the car and using the sale price as the diminished value.
You may have to wait for all of the documentation you will need to prove your claim. However, It is important to be aware that a loss of value claim, like all claims, has a statute of limitations of four years in Florida. If you have not filed a claim for diminished value within four years after your accident you will lose the right to file the claim.
Contact Casas Injury Lawyers in West Palm Beach and set up your free case consultation today. Let us help you get the compensation you deserve by making Casas Law your West Palm Beach diminished value law firm.
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