When "Good as New" Isn't
>> Friday, July 11, 2008
I’m not sure that there is anything more frustrating than a car accident. One minute you’re driving along, following the rules, minding your own business, then…
BAM! Some moron runs a light and your car gets the worst of it.
But, you are able to get the vehicle fixed and you’re back to normal. Well, until you try to get rid of the vehicle. It’s then that you discover this little thing called “diminished value”. Because your vehicle has been in an accident it is worth thousands of dollars less than an identical vehicle that hasn’t been in an accident. Neat.
I do have some good news… You are due the diminished vale of your vehicle from the insurance company of the at fault individual. Advocate Auto Claims specializes in helping you get this “unknown” loss back on your vehicle. If you’ve been in a car accident in the last 4 years that wasn’t you fault use their free diminished vale estimate calculator to see if this is something you want to persue.
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