Articles focused on diminished value appraisals, addressing loss in market value after a vehicle has been damaged and repaired. Content covers methodology, documentation, and real-world valuation considerations.
Many vehicle owners are told that once repairs are completed, their car has been fully restored and no longer suffers any loss in value. This is one of the most common and misleading statements made during insurance claims. In reality,…
Diminished value is the loss in your vehicle’s market worth after it’s been repaired from an accident even when the repairs are done correctly. Understanding Diminished Value If your car has been in an accident, chances are it’s worth less…
After an accident, your car can lose value even when repairs look perfect. That loss is called diminished value. In Florida, only certain owners can file a claim. Use this guide to confirm eligibility, avoid common mistakes, and learn when…
When your car has been repaired after an accident, it may look as good as new—but to the market, it’s not. This loss in resale or trade-in value, even after proper repairs, is called diminished value. If you’re a vehicle…
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