Diminished Value is the difference in value between a vehicle with an accident history, and the same vehicle without an accident history. This is also known as "Loss of Value".
Example:A Honda Accord that has been in an accident is worth less than a Honda Accord with no accidents. Even if the Honda Accord was repaired well with no visible damage, the risk of unseen damage increases, and will cause Diminished Value.
2. Does my car have Diminished Value?
After an accident, your car suffered Diminished Value. Even the best repairs to your vehicle
will have a permanent condition called "evidence of repairs," which will negatively effect the resale value of your vehicle.
Under law, everyone must disclose any accident history when selling a vehicle. After such a disclosure, most buyers are not willing to pay the same amount for the vehicle.
3. Am I
owed Diminished Value?
After an accident, the insurer is obligated to completely restore your vehicle to the condition it was in before the accident (pre-loss condition). Even after repairs, your vehicle is not in pre-loss condition because of Diminished Value. After an accident you are owed Diminished Value.
4. Who pays Diminished Value?
The insurance company is responsible to pay Diminished Value. If the accident was your fault, it is a first party claim,
and your insurance company is responsible. If the accident was someone else's fault, it is a third party
claim, and the insurance company of
the person at fault is responsible.
5. How do I get paid for
Diminished Value?
To get paid for Diminished Value, you must provide documention to the responsible insurance company with an accurate assessment of your Diminished Value. That's where we come in (keep reading).
6. Who is working
for me?
The consumer is usually pitted between the insurance company's
desire to minimize their losses and the repair facilities desire
to make a profit. Today many repair facilities and insurance
companies have established relationships similar to a HMO/PPO.
DiminishedValue™ is an unbiased third party to assure the consumer that these
circumstances do not short-change them in the recovery of their
losses owed under their policy and the law.
7. What does DiminishedValue™ do?
DiminishedValue™ gets you paid for Diminished Value! Our $99.95 Diminished Value Report provides you with the unbiased documentation needed by the insurance company for payment. With your report, you will also be able to login to your own Step-by-step advisor, and use our sample demand letters to send to the insurance company with your report.
8. Does DiminishedValue™ have a guarantee?
DiminishedValue™ is confident that your report is a wise purchase that will maximize your opportunity and make a large return on your investment many times over. That's why we offer a full $99.95 Money-Back Guarantee.
9. What experience does DiminishedValue™ have?
Based on 15 years of experience, DiminishedValue™ was created by automotive industry experts to help YOU, the consumer! The DiminishedValue™ creates your Diminished Value Report using nationally accepted methods approved by congress for an accurate assessment that every major insurance company has paid.
What makes DiminishedValue™ different than any other service is our patent pending, automatic reporting of your diminished value. that you can create your report instantly,Our industry respected report !
10. What makes DiminishedValue™ different?
DiminishedValue™ is different from than any other service because we've made it instant and easy to create your Diminished Value Report. Our patent pending automatic report creation process allows you to instantly create your Diminished Value Report through our system, and get accurate assessment of your DiminishedValue™ that will maximize your payment. Plus, you get a unique login area that will maximize your payment with our carefully written sample demand letters.
Example: A Honda Accord that has been in an accident is worth less than a Honda Accord with no accidents. Even if the Honda Accord was repaired well with no visible damage, the risk of unseen damage increases, and will cause Diminished Value.
