The Diminished Value Auto Claims

Many companies may also offer special discounts for you to work with them. Companies that have cheap deals are generally more likely to work with special types of discounts, like a good driver, good student discounts and a safety device, while other providers are more expensive.

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Amplify’d from http://www.advocateautoconsultants.com

Diminshed Value – noun
The reduction in a vehicle’s market value occurring after a vehicle is wrecked and repaired. A reasonable person will not pay the same price for a wrecked, then repaired vehicle, as they will for a vehicle with no prior accident history. Even if the repairs are proper, the vehicle will still lose value. To collect diminished value after a car accident, insurance companies usually ask for a diminished value report. These reports are usually generated after an unbiased third party inspects and appraises the vehicle.

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