Car Accident? You’re owed Diminished Value!
We’re Insurance claims Auto Appraisal Experts! Why Hire us?
What is Diminished Value? Diminished Value, by definition, is the depreciated value of an automobile accelerated by an accident or incident.
Whereas depreciation is a natural phenomenon that occurs as a vehicle gets older, an accident on the other hand accelerates the rate of depreciation and causes an immediate and inherent loss in value, we call this diminished value.
The fact remains, an automobile wrecked and repaired will always be inferior to, and has less value than, an undamaged counterpart.
Courts have said that vehicles involved in an accident suffer a reduction in value and that efficient repairs of any vehicle damaged in an accident may not have returned that vehicle to its pre-accident condition.
The majority of car buyers are not interested in buying a wrecked & repaired vehicle and the few that are, demand a hefty discount. Buyers tend to be afraid of the long term implication of a collision as well as the negative marks on the vehicle history report or Autocheck score.
DV Example: This Lexus had an actual cash value of $24,000. Due to a rear-end collision, the vehicle sustained body and structural damage with an estimated repair cost of $10,500. Because of the severity of the accident, the paintwork, the negative mark on the history report etc…$19,400 is currently the market value. The loss in market or resale value due to this accident, in this case $4,600, is the “diminished value“ and the owner of the vehicle is entitled to it.
If you’ve had a recent car accident or collision, please visit our ” Do I qualify?” page to see if you’re entitled to monetary compensation.
Why Hire a Diminished Value Appraiser?
To be properly compensated for your vehicle’s loss in resale value, it’s very important to hire the most qualified Auto Appraiser. We understand times like this can be very stressful, this is why our licensed diminished value appraisers will guide you through your insurance claim and offer assistance every step of the way.
While the vehicle is being repaired or shortly thereafter, the at fault Insurance company will send you a check or call you with a Diminished Value offer. Beware of this tactic, most insurers tend to use a formula called 17c to quantify the loss in value. Most claimants, unaware of their right to reject and dispute the offer, end up accepting a low amount leaving millions of dollars uncollected.
We believe the 17c formula is incorrect and inherently flawed, the Georgia Insurance Commissioner concurs. Read the Georgia Insurance Commissioner’s Directive on Diminished Value. We strongly recommend getting a free estimate from us before settling for a low-ball, 17c based, insurance offer.
Please fill out this Diminished Value questionnaire or call us at 678-404-0455 to receive a complimentary claim review. During this time we will advise you to what the true loss in value amount is and how to properly proceed with your claim dispute and ultimate payout increase.
Our Field Appraisal consists of:
- Multi-Point vehicle physical inspection.
- Vehicle History Report
- Repair Quality Analysis
- Insurance demand letter tailored to your claim.
- Market Analysis of comparable vehicles
- Supporting legal documents
- Auto industry guide
- Pre-Accident value
- Repair bill analysis
- Post-Repair Value
- Diminished Value Dollar amount
As you can see, this is a complete and comprehensive Diminished Value Solution that you cannot find elsewhere.
If you are ready to move forward, visit our order page to get started. We look forward to helping you collect the settlement and payout you truly deserve.
You can call us anytime at 678-404-0455 with any questions or concerns about your Diminution in Value Auto Claim.
Not all Auto Appraisers are created equal!
In Georgia, regardless of fault, you’re entitled to your vehicle’s loss in resale value. It’s the law!
Collecting diminished value on the other hand depends on many factors, the most important of which is the selection of a competent auto appraiser.
In our experience, there is three types of appraisers you should avoid:
- The first, and for a low fee, will provide you with an instant online appraisal that is useless and based on a formula or a so called “diminished value calculator”.
- The Second will charge you a inflated appraisal fee and will provide you with an unrealistic and erroneous report that you cannot, in good faith, utilize to negotiate.
- The third type is an appraiser that will charge you a percentage or a contingency fee to give you an appraisal.
To avoid getting caught in an online scam, always use a licensed appraiser. Someone that is reputable, BBB accredited (with no complaints) and always check if the appraiser you’re considering offers a money back guarantee!
Our appraisers have 30+ years of combined auto experience, we are experts in automobile appraisals and evaluations and the authority on Diminished-Value. See why you should hire us for all your auto appraisal needs.
We conduct a complete and comprehensive market value analysis as well as a physical inspection, our report is comprehensive, detailed and includes all you need to file for your diminished value claim even after 12 months of the incident. As of November, 30 2011 we’ve helped our clients achieve $4.2 million in additional insurance company payout.
We are so confident of the quality of our appraisal services, we offer an industry first 100% money back guarantee. So you have nothing to lose.
We know that dealing with insurance companies can be stressful and time consuming, this is why we provide you with all the tools necessary to file a accurate claim. We never charge a contingency fee, we don’t demand a chunk of the proceeds and our auto appraisal reports are the best in the insurance and automotive industry. We are ethical, accurate and reliable and only charge a flat appraisal fee.
Order $95 Desk Appraisal
Find out how much your vehicle lost in value!
