Have you recently been involved in an automobile accident in Florida? If so, you might be entitled to more than just compensation for the necessary repairs. You may also be able to recover financially from the diminished value of your vehicle.
The diminished value of your vehicle is the difference in what your car was worth before the accident and what the automobile is worth in its repaired condition. Your car loses value just because it was in a collision.
Florida law provides a remedy for this loss, but the law puts the burden on the car’s owner to prove the value of the car before and after the accident. The Law Offices of Anidjar & Levine can help build your case. Call 1-800-747-3733 today to set up a no-obligation case review.
Negotiating with the Insurance Company
After your accident, the insurance company will decide whether your vehicle can be repaired or is a “total loss.” The insurance company may decide it would cost more to repair your car than the car’s value. If your car is a “total loss,” the insurance company will pay you the “actual cash value” (what the car was worth before the accident less your deductible).
If your car needs repair, you may be able to recover the cost of your repairs and an amount of the diminished value of your car. It is not common to bring a suit against your own insurance company. Your policy does not usually cover this type of damage. You will be dealing with the insurance company of the negligent driver who caused your accident. The other driver’s insurance company may fight you on your claim for the diminished value of your car.
The Law Offices of Anidjar & Levine can be of help to you. You may need an experienced diminished value auto accident attorney in your corner to convince the insurance company to make a reasonable offer to compensate you for the diminished value of your car.
Attorneys at the Law Offices of Anidjar & Levine know what formula insurance companies use to calculate the reduced value of a car.
We can negotiate with the insurance company. If we cannot reach a reasonable settlement, our attorneys will gather the appropriate evidence and prepare your case for court.
Building a Claim for the Diminished Value of Your Car
Similar to other personal injury lawsuits, to recover on your claim for the diminished value of your car, you must show that the other driver was negligent and that the other driver’s negligence caused your accident. Our legal team can help you prove your claim, demonstrate responsibility and potentially overcome your losses.
You are not able to recover for the diminished value of your car if you were at fault for the accident. Florida law does not provide uninsured motorist coverage for the diminished value of your vehicle.
Florida law requires that you bring your claim for the diminished value of your car within four years from the date of the accident. While this is the latest you can bring your suit, we recommend getting your documentation together as quickly as possible after the crash and speaking with a diminished value property damage lawyer in Jacksonville.
Proving the Value of Your Car
You must prove the value of your car before and after the accident. Our team will help assemble all the necessary documentation including:
- Pre-accident value
- Proof and cost of repairs
- Before and after photographs
- Letters from car dealers explaining the reason for the post-accident value
An attorney at the Law Offices of Anidjar & Levine in Jacksonville, FL, can review these documents and work with the other driver’s insurance company to get you a reasonable settlement offer. If the insurance company does not settle the matter, our attorneys will pursue the matter, prepare the evidence, and litigate your case if necessary.
A Diminished Value Attorney in Jacksonville, Florida Can Help
The attorneys at Anidjar & Levine work hard for their clients to recover from the diminished value of their vehicle. Anyone affected by a car accident that resulted in damage is encouraged to contact the Law Offices of Anidjar & Levine at 1-800-747-3733 sooner rather than later. Take advantage of free evaluation of your case to make sure you can make an informed decision about your diminished value claim.