Diminished Value Claims for Toyota
Diminished Value Claims for Toyota Toyota makes some of most popular vehicles on the market, so it’s only logical that many of the cases we deal with are those on behalf of Toyota owners. It’s...
View ArticleEssentials of a Diminished Value Report
Essentials of an Effective Diminished Value Report If you are seeking a Diminished Value claim on a vehicle, when filing the claim with the insurance company, one essential element is the Diminished...
View ArticleStates with the Highest (and Lowest) Car Insurance Rates
States With the Highest (and Lowest) Car Insurance Rates If you’re in the market for new car insurance, depending on where you live, you may also want to be in the market for a new residence. Here is a...
View ArticleFirst Case On Diminished Value, 1840
Consider one of the first recorded cases where repairs couldn’t restore property to its preloss condition, and a DV cash payment made up the difference. Massachusetts’ Supreme Court heard the case...
View ArticleDiminished Vehicle Value: A Simple Case of Supply and Demand
One of the basic reasons for the diminishing value of a vehicle after an accident is simple supply and demand. Results from a survey we conducted in 2009 of more than 4,700 respondents found that 60...
View ArticleFlood Cars — NICB Access to Hurricane Claims
How do you know if your vehicle was one of the unfortunate victims of a flood or hurricane? It is possible that these flood-damaged vehicles will be cleaned up and sold before their titles reflect such...
View ArticleWhat Your Auto Body Shop Fails to Tell You
When you’re in a wreck make sure you go to an Appropriate/ Certified Repair Shop — and don’t go to a Direct Repair Facility for the Insurance Company. Approved Shops or Direct Repair Facilities work...
View ArticleBody Shops Pressured to Hide Frame Damage on Repair Orders
Client’s Experience Reveals Insurance Company Tactic to Avoid Paying Diminished Value Our clients have shared some fascinating stories of their experiences with collision repair shops and the insurance...
View ArticleFrame Related Diminished Value
Modern trucks, vans, and SUVs have specific repair requirements that make them susceptible to frame-related diminished value. Body-on-frame vehicles are not as simple as they used to be. Design changes...
View ArticleUnderstanding Diminished Value
Understanding Diminished Value: First Party vs. Third Party If the accident you were involved in was not your fault, diminished value is probably owed to you. As such, a third party claim is entitled...
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