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In this post, we will explain what diminished value is, the types, how to calculate it, and how to file a diminished value claim.
To summarize, to calculate the diminished value of your car under formula 17c, you would take your vehicle value and multiply it by a 10 percent cap. You would then apply a damage multiplier based ...
The loss of value after an accident might be significant or minor, but it’s a fact of life. Here’s what to know about diminished value and insurance.
I have seen diminished value claims on expensive cars be over $50,000. Most are much less, but you don't want to miss out on collecting this money, it is a legitimate claim because you will take a ...
Generally, there are a couple of types of diminished value. One is repair related, meaning that the repair job was not properly done and the previous damage is detectable, even to an untrained eye.
I have seen diminished value claims on expensive cars be over $50,000. Most are much less, but you don't want to miss out on collecting this money, it is a legitimate claim because you will take a ...
Types of Diminished Value Generally, there are a couple of types of diminished value. One is repair related, meaning that the repair job was not properly done and the previous damage is detectable ...