INVALID DIMINISHED VALUE CLAIM DENIAL – 8 Unfair Examples

January 22, 2016Arizona diminished value, Auto Accident, Auto Repair, California Diminished Value, Diminished Value, Diminished Value FAQ, Insurance Claim Denial, Insurance Claims, Luxury Vehicle Diminished Value, New York Diminished Value, Texas Diminished Value, Uninsured Motorist, Virginia Diminished Value, Washington Diminished Value

If you’ve had the displeasure of being in an accident where your vehicle was repairable, you’ve probably experienced a loss in the resale value of your vehicle, no matter how well it was repaired.

Additionally, in the vast majority of cases the insurance company that is responsible for settling the claim with you gives you an unfair and invalid diminished value claim denial.  In my view, the denial of these valid claims is an act of fraud.

If it is fraud, then why doesn’t the insurance company get in trouble for it?

The primary reason is that there are very few attorneys and even fewer accident victims that really understand the denials.  Because of that, it is difficult for the accident victim to defeat the illogical and unlawful reasons that insurance companies use to deny diminished value claims. 

I thought long and hard about what I could do to help accident victims get fair compensation for lost value, and outside of preparing an appraisal for them and directing them to an attorney that will take their case, the best I can do is to educate.  So that is exactly what I will do right now!

I’ve already published one article that gives some responses to common denials, but in this post, I am going to pull out the stops and address every denial reason I can find, and provide all the proper reasons why the denials are invalid, improper, and in most cases, fraudulent.

Body Shop Steering: Preferred Vendor and DRP Facility scams exposed by Anderson Cooper!

March 3, 2015Arizona diminished value, Auto Accident, Auto Repair, California Diminished Value, Diminished Value, Insurance Claims, New York Diminished Value, Texas Diminished Value, Total Loss, Virginia Diminished Value, Washington Diminished Value

So what is body shop steering?

Does it really happen?  

How do you know if you’re being steered?  

Anderson Cooper at CNN just did a story on lawsuits that are being filed against huge insurance companies who continually dictate what is repaired on vehicles after an auto accident and this video is worth watching until the end!

Fiat Diminished Value Success!

March 17, 2014Diminished Value, New York Diminished Value, Winning!

2013 Fiat 500 Abarth – $1100 DV Award!

Location: Staten Island, New York

Leo knew he had at least a small Fiat diminished value claim after minor damage to his new car.  He found us to give him the evidence to fight without coming out of pocket hundreds of dollars!

Leo’s damages were under $2,000 so he didn’t want to invest a lot in his Fiat diminished value claim but the insurance company was willing to address the DV if he had an expert report.  After looking at his claim, we valued it at about $1450 and helped him get a demand in front of the insurance company.