In this post, we will explain what diminished value is, the types, how to calculate it, and how to file a diminished value claim.

When using this formula to calculate diminished value, they start with the pre-car accident value of your vehicle and make deductions based on age of vehicle, mileage, and severity of damage.

To summarize, to calculate the diminished value of your car under formula 17c, you would take your vehicle value and multiply it by a 10 percent cap. You would then apply a damage multiplier based ...

The common approach to trying to recoup diminished value has been to fight with the insurance company directly as part of the accident obligations.

The loss of value after an accident might be significant or minor, but it’s a fact of life. Here’s what to know about diminished value and insurance.

Diminished value claims are where the car's owner is compensated for the loss of value to their car after an accident. Turrentine filed a diminished value claim with the insurance company of the ...

Diminished Value of Georgia has issued its 2015 list of insurance companies that offer the best service and compensation in loss-of-value auto claims. DVGA serves all of metropolitan Atlanta and ...

Dear Help Squad, I would like to file a diminished value claim in Illinois. My wife was involved in a car accident and it was not her fault. Could you tell me what I should do if I want to file it … ...

Todd Kiser, the head of Utah's Insurance Department, said there “really isn't a policy that covers diminished value,” making it difficult for folks like Cannon to make up for diminished value ...

Diminished value claims are where the car's owner is compensated for the loss of value to their car after an accident.