Steve got in a serious accident with over $17,000 in repairs to his 2011 Chevrolet Silverado. His injury attorney helped him research Diminished Value and that is when he found us! His truck puts in a lot of heavy duty miles, being a work truck, so Steve knew that he had suffered a loss that he would pay for the second he decides to trade in. (more…)
As an attorney, Wade works with accident victims all of the time and turned to us when he was a victim himself to provide the expert evidence he needed to prove his Ford Expedition diminished value case. He had been offered around $4K but he knew that was a low offer because he had taken meticulous care of his 2011 Ford Expedition Limited, which was loaded with options, and had all the maintenance records so he sought out our help. (more…)
Josh found himself in a situation we run in to more than we would like to admit! He got hit by two different people THREE MONTHS APART! His year began with an accident in February and then in May he was hit AGAIN by another person. He didn’t know the first place to start but knew his 2010 Ford Mustang GT had lost a ton of value after being wrecked and repaired twice in three months! (more…)
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…)
After buying a report for her Volkswagen diminished value claim from one of our large competitors who makes it to the top of all the Google searches, Amy found herself helpless when her 2012 Volkswagen diminished value claim was denied. She started to research for herself which led her to our site where she signed up for a free claim consultation. (more…)
For Arizona diminished value claims, there is case law that is exactly on point. It is a case styled “Paul Oliver v. James Henry”. A Google search will surely land you with a copy of the case, or you can request a copy directly from my office and we’ll send you the full case for free. That case law says that a vehicle owner can hire an expert appraiser to document the lost market value due to damages, and that an expert appraisal or testimony is sufficient evidence. This means that if you want to recover your Arizona diminished value claims, then the quality of your expert is really the thing that matters most.
Does that answer all your questions? I didn’t figure it did. Let’s break it down by the most frequently asked questions after learning that diminished value in Arizona is supported by law. (more…)
One of the most common questions I get comes from customers who have been negotiating for the recovery of their lost market value and get told by an adjuster that the amount of inherent diminished value they want is only an opinion. Faced with this argument, the customer wants to know what to say.
A claims representative or adjuster that simply refuses to acknowledge lost value and pretends that there is no way to prove the loss is a common obstacle and a tactic that is successful when there is an uninformed accident victim. Don’t buy it! Get informed and read on. . . . (more…)
Recently, I was asked to review the impact a collision would have on a relatively rare vehicle, the Tesla Model S. The review was challenging because the vehicle doesn’t have many of the mechanical components that a traditional internal combustion engine vehicle has. Additionally, there has been some reservations about the safety of the Tesla due to recent reports of fires ensuing after collisions (undercarriage damage to the battery bank). (more…)
If you’ve found this information, then you’ve probably been involved in an auto accident of some sort and you are seeking recovery for property damages you have incurred. It is not uncommon to have a dispute with the insurance company over your claim.
Disputes most commonly occur over the dollar value a claim is worth. For the purposes of this excerpt, I will address the article’s title and focus on helping you get words down on paper (or computer screen).
This is a difficult topic to quickly and sufficiently cover, but we’ll give it a shot by focusing on general guidelines and common tactics for most insurance claims. We’ll assume that you have sufficient language and grammatical skills to compose a demand letter that doesn’t contain glaring mistakes. (more…)
Recently I was provided with a pretty big list of arguments that attempted to show why diminished market value on automobiles is not real, or at least why it is never very much. I am going to address each one, point by point so as to be very thorough. Mind you, these arguments were made by a professional who evaluates the market of stigma losses on automobiles.