Santa Monica Car Accident Attorney
Need help filing a claim for diminished value on your vehicle?
Carolyn, a car accident client of the firm.
After being involved in an accident, your vehicle may be repairable. Its value, however, can never be restored to what it was before the crash. No matter if your car was fully repaired, it will now be worth less than an identical one that was never damaged in a traffic collision. This loss in value is called diminished value. When you go to sell your car or trade it in, a prospective purchaser can discover its accident history through Carfax reports. Dealers may be reluctant to take your car in a trade-in and, if they do, will most likely offer you a significantly lower amount for it.
Use a Santa Monica Car Accident Lawyer to Recover Your Loss
The only way that you can recover any compensation for diminution in value on your car, truck, or SUV is through a diminished value claim against the at-fault driver's insurance company. You can only make the claim against the other driver's carrier. You cannot make a diminished value claim under your own auto insurance policy.
Insurance companies don't like to admit that the right to make such a claim exists. They will not volunteer that you have this right, and if you do make the claim, they will often deny that you can make the claim under California law. In the rare event that an insurance does agree to pay you something on your diminished value claim, they will certainly lowball you. Using their insurance formulas that greatly favor their interests and discount yours, you will be lucky to get anything that approaches your loss. That is why you need the aggressive and experienced legal representation of a Santa Monica diminished value claim lawyer at McGee, Lerer & Associates.
We know how to deal with insurance companies because we deal with them every day in handling all kinds of injury claims and lawsuits. A Santa Monica personal injury lawyer at our firm is a tough and skilled negotiator as well as litigator. We will use all of the experience and resources at our disposal to help you recover the fair compensation to which you are entitled in a diminished value claim. If your diminihsed value claim is too small to justify our services, we will happily tell you how to handle it yourself - at no charge.
Contact a Santa Monica diminished value claim attorney
at the firm for skilled legal guidance in making a claim today.