Charlotte, NC Auto Car Appraiser Handles Diminished Value Claim.
Getting into a motor vehicle accident when it’s not your fault is a terrible feeling. You have deal with another individuals insurance company to fix your car. They never make it easy on you. Then you get your car back but it will never be worth what it was prior to the accident.
Because your vehicle has a record of being wrecked, that will follow it wherever it goes. If any potential buyer checks with several growing car-history services, they’re not going to be willing to pay as much for it as they would have before it was hit — regardless of how well it’s been repaired.
In the states of Florida, Georgia, Oregon, California, and North Carolina, Kansas, Texas, and Washington the law states that if you are not at fault, you are entitled to recover your vehicle’s lost value from the party that was at fault in all 50 states. If you happen to live in Georgia, Kansas, or North Carolina, you can also collect on diminished value from your own insurance company, even if you were at fault.
An insurance policy states that the insurer agrees to pay for loss to a covered vehicle. Once an insurer elects to pay for the repair of the vehicle, they must return it to like kind and quality. The repairs might have been completed but the vehicle is returned significantly less in value then before the accident.
Because of this, we are now able to collect Diminished value for an insured. The diminished value of a vehicle can be up to 40% of what the vehicle is worth.
If you were not at fault, you are entitled to all costs and expenses caused by the negligence of the at-fault party. Those expenses include:
- All required repairs to restore your vehicle to its pre-damage appearance, safety and function.
- A replacement rental vehicle or payment for loss of use, from the date of the damage until you pick-up your repaired vehicle.
- Payment for any out of pocket expenses such as, police reports requested by the insurance company, mileage expenses to obtain repair estimates, etc.
- Payment for any personal property that was damaged including; child car seats, CDs/cassette tapes, sunglasses, golf clubs, clothing, and any other items that were damages in the accident
- Payment for the diminished value of your vehicle
All American Public Adjusters, Inc has been successful at collecting diminished value for customers that have suffered losses to vehicles and have not been compensated properly by the insurance company. We can help you today. We do not charge ANY UPFRONT COSTS! Call us today for a free evaluation of your vehicle loss. You have nothing to loss.
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