What is Diminished Value?

Diminished Value is the portion of a damaged vehicle's original value that has NOT been restored through the repair process, even after quality repairs. More specifically, it's the amount that the resale value of a repaired vehicle has been reduced simply because it now has an accident history. Think about it: would you pay as much for a vehicle that has an accident history compared to one that doesn't?

The insurance company for the at-fault driver legally owes you the amount you have lost due to the diminished value of your vehicle. To maximize your recovery you may need the legal expertise and resources only an attorney can provide. Many people are not aware of their opportunity to recover diminished value until it is too late (Oregon has a 6 year statute of limitations for diminished value), or they don't have the legal resources to effectively present a claim and so their claim is either denied or they collect thousands of dollars less than they're owed.

So why do insurance companies often not pay it?
Simply put, many companies dispute the validity of the damages, which may make it difficult for you to pursue recovery on your own. Every state has different Diminished Value laws, and it may take an attorney knowledgeable on the laws of your state to sort it all out and successfully pursue a claim to get what's rightfully yours.

How do I get what I'm owed?
Easy! Just take a minute to request a Free Diminished Value Estimate to find out what you may expect to recover for your vehicle's diminished value. Then, if you are interested, we'll provide you the opportunity to work with an attorney who can assist you in collecting the money you're owed.

What's the Catch?
There isn't one. Simply speak with us free of charge to see how we can aid you in recovering your diminished value claim. Our attorneys are paid on a contingency fee basis, so there is little or no money out of your pocket if you decide to go forward.

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