Diminished Value


How To Claim Diminished Value On Your Car

How To Claim Diminished Value On Your Car

If your accident was fairly minor, then a car will be worth roughly the same after the repairs. But if the damage was major, such as frame damage, an experienced appraiser can detect this and figure how much the damage reduces the resale value of your car. The reduction in resale value due to the accident is called diminished value. A claim for reduced value...

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Diminished Value Case In Arizona For Unsold Vehicles

Diminished Value Case In Arizona For Unsold Vehicles

Auto insurances companies are ruthless. You would have never guessed this from their marketing though, would you? But I can prove just how heartless they can be. Consider the recent diminished value case in Arizona — Oliver v. Henry right here in Phoenix: The Background Story Mr. Oliver had gotten in an auto accident with Mr. Henry in Scottsdale. Mr. Henry was the at-fault driver...

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