Diminished Value? We Can Help!

What Is Diminished Value?

Accident-damaged vehicles lose some of their value when it comes to resale. A common-sense buyer is less likely to purchase a vehicle with an accident history. Car lots also offer lower trade-in values for vehicles that have been in an accident. This decrease in value is called Diminished Value.

You May Be Entitled to a Diminished Value Check

Was your car just repaired after an accident? Insurance companies don't want you to know that you are often entitled to a check for the diminished value even if your vehicle was repaired. Filing a diminished value claim can be painless if you work with a professional that knows the ropes. We routinely get customers thousands of dollars owed to them after a claim.

Steven’s Success Story

Steven was blind-sided by another driver in his brand new Subaru. After the repairs, costing $7,000, were finished, he tried to sell the vehicle only to realize the difficulty of selling a car with a damage history or a bad Carfax.

It is common sense that a brand new vehicle that now has a damage history and repairs has depreciated in value. This is called Diminished Value and you are owed money by the party that damaged your property.

We helped him recover $6,750.

Washington State Supreme Court Committee
on Jury Instructions (excerpt)

WPI 30.10 Measure of Damages—Damage to Personal Property—Repairs and Depreciation or Difference in Value Before and After Damage

The reasonable value of necessary repairs to any property that was damaged plus the difference between the fair cash market value of the property immediately before the occurrence and its fair cash market value after it is repaired.

Diminished Value? We Can Help!

What Is Diminished Value?

You May Be Entitled to a Diminished Value Check

Steven’s Success Story

Washington State Supreme Court Committee on Jury Instructions (excerpt)

Washington State Supreme Court Committee
on Jury Instructions (excerpt)