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Diminished value

Diminished Value is the loss in market value that occurs when a vehicle is wrecked and repaired. Insurance companies will only offer you part of what is due if anything is offered at all. Don't let the insurance company tell you how much. Ask The Experts at Collision Claim Associates, Inc.

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They stay with you thru the entire claim process. You get an inspection which most companies demand before any payout. Then a detailed report with the real DV dollar amount with instructions and sample demand letters for all contingencies.

Reply to
nobody important
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Why would an insurance company offer monies for a car that has been previously repaired (past tense)?

As far a resale value for a car that has been repaired, the damage to the frame or chassis is a consideration, as is the workmanship of the repair and the paint job itself after the repairs. If all that can be found is some rust on some bolt heads that hold body parts, its not an issue at all.

Reply to
Dioclese

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