Unfortunately, many car accident victims find themselves dealing with insurance companies that fail to cover their damages in full. It is important to account for every loss, including the diminished value of your vehicle. Even if insurance covers your vehicle repair costs, the total value of the vehicle will have diminished since you were involved in an accident. This loss should be taken into consideration accordingly as we calculate the value of your claim.
The claims process can be overwhelming. A Boynton Beach diminished value property damage car accident claims lawyer at the Law Offices of Anidjar & Levine can help. Our personal injury lawyers can also help if you suffered injuries in the accident.
The Purpose Of A Diminished Value Car Accident Claim
When your vehicle has been damaged in a car accident, you may be hoping to get your vehicle repaired as soon as possible so you can continue earning a living. However, when a few months or years have passed, and you are interested in trading in your vehicle or selling it to purchase a new vehicle, you may be shocked to discover that the value of your car is dramatically less than you previously thought.
One of the top mistakes car accident victims make after being involved in a collision is failing to take into account the diminished value of their vehicle when calculating how much the liable party should be ordered to compensate them for their damages.
Even after your vehicle has been repaired after the accident, since your car has been involved in a collision, it is inherently worth less than it was prior to the accident. For this reason, you should have the right to compensation for this diminished value. After all, you should not be forced to lose out on this value due to another party’s negligent actions.
When you file a diminished value claim with the insurance company, the at-fault party can be ordered to compensate you for this loss. However, Florida Statutes § 626.9743 does not require insurance companies for the diminished value of a vehicle, so you should be prepared to have your attorney step in and negotiate with the insurance company or bring your case to court for a reasonable settlement.
Having A Car Accident Lawyer By Your Side Makes A Difference
When you have a car accident attorney working on your case, approving the diminished value of your car may be far less complex than you previously thought. Your lawyer will be able to gather the vehicle repair quotes, receipts, and other financial documents that accurately calculate the diminished value of your claim.
Your attorney will also be by your side to handle all of the other legal matters associated with your diminished value claim. At the Law Offices of Anidjar & Levine, you can rely on us:
We Negotiate With Insurers
Our firm is prepared to negotiate with the insurance company on your behalf so you can avoid being taken advantage of. Although insurance companies may argue that they are under no obligation to pay out for diminished you, our attorneys will be ready with the evidence needed to support your case.
Once you get your attorney negotiating with the insurance company, the insurance adjuster will see how seriously you are taking your case.
We Calculate The Value Of Your Diminished Value Car Accident Claim
If you are pursuing a diminished value car accident claim, it is important to maximize the amount of compensation you could be awarded. Many factors will need to be taken into account to determine the diminished value of your claim. Some of the most important factors you should keep in mind include:
- Whether your vehicle has previously been involved in an accident prior to this collision
- Where you are located, as location can have a significant impact on the value of a car
- The amount of mileage on your vehicle, low mileage vehicles are worth more than high-mileage vehicles
- How old your vehicle is, unless you drive a classic, antique, or luxury car
Your lawyer will consider these factors and the specific circumstances of your collision to accurately calculate the diminished value of your vehicle. Then, we will work diligently to ensure you are compensated fairly for this loss, whether that be through filing an insurance claim or a civil lawsuit against the liable party.
We Aren’t Afraid To Bring Your Case To Court
Dealing with the insurance company is often far more difficult than people realize. You might be hoping to file a claim with your insurer and recover every single loss. However, there are many instances in which it becomes necessary to bring your diminished value property loss claim to court.
If the insurance company refuses to settle, delays the processing of your claim, or argues that they are not required to compensate you for the diminished value of your vehicle, you need an attorney on your side who is prepared to bring your case to trial. That way, there is no limit to the amount of compensation you can recover and no loss that should not be taken into consideration as we calculate the total value of your car accident claim.
Reach Out To A Diminished Value Property Damage Car Accident Claims Lawyer In Boynton Beach For Help Today
Make sure you have a legal advocate on your side who takes into consideration the diminished value of your vehicle and other property after a collision. Reach out to a Boynton Beach diminished value property damage car accident claims lawyer at the Law Offices of Anidjar & Levine for a free consultation today.
You can find out more about how much your claim could be worth after we have had an opportunity to review the individual circumstances of your case. Get started as soon as today by completing our quick contact form or calling our office. Call us.
We Can Help.