3 Biggest Arguments Against Inherent Diminished Value Dispelled

July 13, 2015By Justin Petty

Diminished Value Denials: How The Insurance Company Is Lying To You

The vast majority of insurance adjusters have had no formal training in valuation appraisals.  

The unfortunate fact of the matter is that insurance adjusters work for an insurance company and are forced to work within the policies of the company they work for.

Unfortunately, insurance companies train employees and adjusters to deny diminished value claims, even if the evidence is overwhelming. 

It is such a rampant practice that they even provide adjusters with several arguments to use and most companies provide form letters that make silly arguments about why they won’t pay for diminished value. 

Here are the three most common arguments carriers use against diminished value and the breakdown of why they are not valid defenses to inherent lost market value claims.

ALERT! ! ! COLLUSION / DECEPTIVE SUBROGATION PRACTICES IN CALIFORNIA REGARDING THE MADE WHOLE DOCTRINE

May 6, 2015By Justin Petty

Warning – Your Insurance Company Could Be Stealing From You!

Insurance companies are stealing money from their own policyholders by ignoring the common law “MADE WHOLE DOCTRINE”.

If you have been in an accident and had to use your own policy to get your vehicle repaired, then you are potentially a victim of the malicious subrogation practices by carriers like State Farm, GEICO, Farmers, USAA, AAA, CSAA, Mercury and many others.

Almost every insurance carrier in California is illegally demanding money that is not theirs to take under a general subrogation provision in personal auto policies before their customers are made whole.

2011 Audi S5 California Diminished Value Win!

March 2, 2015By Jennifer Petty

LOCATION: Roseville, California

Jason lives in California and he dealt with the normal slow paced adjuster and the holiday rush while trying to get his diminished value claim on his 2011 Audi S5 settled.

He hired us after the insurance company told him they needed expert proof to pay diminished value.  

That is where we stepped in and did what we do best:  

We did our research gave guidance and support to our client throughout his claim!

I Witnessed A Miracle: Witnessing A Car Accident

February 19, 2015By Jen Petty

I’ll say it again….I witnessed a miracle!

I saw the middle stages of a little Ford Focus Hatchback taking a hit, flipping in mid-air, and the aftermath that ensued.  As soon as I heard it, I looked out my window in my office because I like to work with the blinds open and sun shining in and I saw metal pieces and tires flying everywhere and a small car flipping once, twice, then landing right side up.  It was like watching slow motion video and then stillness.  I was scared to death that someone was badly hurt or even dead because there was no movement for a second.  I yelled to Justin who was cooking us some gourmet lunch at the time and he yelled “Call 911!” and dashed out the door.  While calling 911, I saw movement and a  young woman jumped out of the car and ran around to the passenger side….to get her infant child out.  The baby was moving and seemed to be fine but in shock and the man in the truck said he was okay but stayed in his truck, probably in shock as well.  The 911 operators were great, quickly taking down the info they needed and with a sound in their voice like they were eager to help.  It was refreshing considering the stories we have all seen on the news about people at the 911 command having a bad day or lackadaisical attitude that ends up costing valuable time and lives.

auto accident sulphur springs

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California Diminished Value Claims

January 20, 2014By Justin Petty No Comments

California diminished value

California Diminished Value Claims :

What You Need To Know

Throughout the country, individuals are realizing that they have a right to recover the inherent lost market value (diminished value) that occurs after a vehicle has been wrecked and repaired.

UPDATED JAN. 2016

There are only two states where case law does not support recovery of diminished value in a negligence cause of action.  California is not one of those states.  New case law in California is clear that it IS possible to recover for the diminished value of your vehicle if you are able to prove your loss. (more…)