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Diminished Value- The Biggest Secret in the Insurance Company

A study completed by the State of Florida determined “uncompensated losses” due to “decreased value” were estimated to be worth over twenty billion dollars in the United States.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Jul 23, 2008 -
Portland, Ore., 2008 – The Appraisal Group of America is an expert in the field of Diminished Value. If you’ve never heard of it before it’s important to know because it could cost you thousands of dollars. Any consumer seeking to recovery the maximum possible from automobile accident appraisals should find out all they can about this hidden fact.

If your car is newer than 2002 and the accident was not your fault, Diminished Value is due to you and can be paid nationally by every insurance company. (http://www.autoloss.com/diminished-value.htm) Diminished Value Claims can be worth 20-50% of the vehicle’s resale value, typically worth in the thousands. Typical claims for Diminished Value scenarios can run around $4,000 -$15,000 for a single claim and estimates on luxury high end vehicles can get even higher amounts.

Research shows that 55% of consumers would not buy a car if had been in an accident and over 80% would want a huge discount on the price before they would consider such a purchase. A study completed by the State of Florida determined “uncompensated losses” due to “decreased value” were estimated to be worth over twenty billion dollars in the United States.

When a demand for diminished value is made, insurance companies may deny diminished value has happened. Claimants need to support their diminished value claims with an expert appraisal that can determine that diminished value has occurred.  Appraisal Group of America fights to get you the settlement that you’re entitled to – all across the nation.  

Jack Donnelly – LTC US Army (Ret) a total loss client says it all –

“Thanks for your tenacious persistence in prosecuting my claim with USAA... Without your expertise I never would have gotten the over $21K plus tax from them. I have recommended you to friends and will continue to do so in the future.”

Terry Fisher, Automobile Diminished Value Expert (http://www.autoloss.com) gets consumers millions of dollars for Diminished Value Claims. Even if your claim has already been settled, you can still file a separate Diminished Value claim as long as the repairs are recent.

You can contact Terry Fisher at Autoloss.com and get a free quote online for your diminished value appraisal. Call them Toll-Free at (877) 655-1661.

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Source:Lola Olaru
Country:United States
Industry:Automotive, Legal
Tags:, diminished value claim, diminished value appraisals, diminished value auto appraisal, car diminished
Last Updated:Jul 23, 2008
Shortcut:http://prlog.org/10092991
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