Talk of The Villages Florida - View Single Post - Diminished Value of your car resulting from an accident
Thread: Diminished Value of your car resulting from an accident
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Old 01-10-2023, 10:24 AM
TedfromGA TedfromGA is offline
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Default Diminished Value of your car resulting from an accident
Looking for a person/company who will determine the diminished value of my car and negotiate with the insurance company. Explanation: if your car is damaged in an accident its trade in value is reduced because of the accident. That is “diminished value”. The insurance company of the person who is “at fault” will pay the difference between the car’s trade in value before and after the accident. Typically, the insurance company will “low ball” the diminished value. I need the services of a person/company that knows the “ropes” and achieve a reasonable payment from the insurance company.