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What your insurance isn't telling you that costs you thousands

Are you entitled to a Dimished Value auto claim or not?

Sep 26, 2020

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Recently, you were involved in an auto accident and it’s the other drivers fault. The insurance company directs you to a collision shop for repairs and the insurance company agrees to pays the for your damages. Everything seem great, right? Wrong! You may be losing thousands of dollars later.

 

There’s an accident claim provision in your policy that your insurance company isn’t going to mention. You’re entitled to more settlement money than just the repair amount. This addition amount is called – Diminished Value. You must ask, then push, then push some more to get what you’re owed.

 

We live in an age of instant information. Buyers and sellers are more informed than ever before. The Internet has changed the way consumers do business. There's an unlimited amount of information available to car buyers to safeguard themselves from overpaying for a car based upon its history. Carfax provides useful vehicle maintenance and collision repair history for a fee. Keep in mind, Carfax isn’t the Holy Grail of historical service information, but it’s a powerful tool used by automobile sellers and buyers.

 

No one wants to pay full price for a vehicle with a sizable accident history. This is where “Diminished Value” becomes a game changer. Even if your vehicle is repaired right, when you go to sell your car, you’ll never get collect fair market value. The vehicle’s value is diminished compared to the exact vehicle without an accident history.

Here’s how you qualify -  

1.)    The accident was not your fault

2.)    You’re buying or own your vehicle (not a lease vehicle)

 

It’s as simple as that! I’m quite sure you weren’t told this by the insurance company. Auto Appraisal Network – Detroit can get you the money you’re rightfully owed. We use an industry accepted formula to prepare a Diminished Loss Appraisal to determine the severity of your damages.

 

 

Protect your rights and get paid what you’re owed today! I’m Marty Ruth and I have thirty years’ experience settling auto claims. Call me today!   

 

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