How Diminished Value Recovery Process Works
Inherent diminished value is the loss in value your vehicle has incurred when public knowledge of the accident causes potential buyers of your car to offer you less than they would if it did not have an accident history.
Fortunately, CARS can help you with a world class diminished value recovery process that will help you document, demand, negotiate, and recover your vehicle’s lost value.
If you’ve been in an accident and you were not at fault, all 50 states allow you to file diminished value claims with the at-fault driver’s insurance company to recover the lost vehicle value you’ve experienced as a result of your accident. This is in addition to any repairs the at-fault insurance company is required to pay.
You’ll be able to prove the lost value of your vehicle by following our simple and easy 4 step diminished value recovery process.
1. Document
Order your diminished value report from CARS. We’re licensed, competent and independent DIMINISHED VALUE EXPERTS. You’ll receive your diminished value report within 24 hours including the amount of your loss. This report will give you the evidence you will need to document the pre-loss and post-repair value of your vehicle to the insurance company.
2. Demand
Follow our instructions to present your demand to the at-fault insurance company including your diminished value appraisal report for your lost value along with the diminished value demand letter we’ll supply.
Most of our satisfied customers report at this point in the process that their diminished value claims have been accepted by the insurance company.
If you’re like most of our customers you’ll skip the “Negotiate” phase of our process (step 3) and go directly to step 4 and recover your DIMINISHED VALUE without further discussions with the insurance company.
3. Negotiate
After some insurance companies receive your demand, they will evaluate the amount of diminished value you are requesting and may want to negotiate. If this happens, we’ll be there to help you negotiate with the insurance company through the claim and recovery process. CONTACT US to access our phone and email support and we’ll help you maximize the amount of your diminished value recovery.
We understand how insurance companies think and what they’re looking for when they are evaluating a claim. This insider knowledge will help ensure you receive the maximum payout possible. The quality of our DIMINISHED VALUE APPRAISAL REPORTS along with our free negotiation support is usually all it takes for most of our customers to recover their claim without any issue.
In rare cases, some insurance companies may try to deny your claim. If that happens, continue to work with us and we’ll advise you on what to say. Even though small claims court is an option, it is rarely necessary because the insurance companies will have to spend thousands of dollars to deny your claim and they rarely win in court.
If your claim does go to small claims court, our diminished value appraisal report will be accepted as credible proof of your loss and we can testify as an expert witness if necessary.
4. Recover
Using our diminished value recovery process, you’ll recover your diminished value from the insurance company in as little as two weeks after you present your diminished value demand letter.
ORDER YOUR DIMINISHED VALUE REPORT TODAY!