In the state of Florida, if you are in a wreck and the accident was not your fault you are entitled to file a claim for Diminished Value.  If you live in Florida and have been involved in an auto accident then our Diminished Value claim experts in Florida can help you.

What is Diminished Value?

Know your rights if you've been in an auto accident in Florida. You may be entitled to a check from your insurance company for a Diminished Value claim. Diminished value is the automatic loss of value from a auto collision. Almost every vehicle in Florida that has been in a wreck will have some form of inherent diminished value.

It has been estimated that 55% of Florida consumers would not buy a car that had been in an auto accident. 81% would not have a car that had been in a wreck unless they were given a large discount. Our diminished value survey results show the stigma may be even higher.

In 1994 a study was completed by the State of Florida and determined that "uncompensated losses" due to "decreased value" were twenty billion dollars in the US. They also estimated that these underpaid property losses cost the consumer and the state of Florida $925,807,000 in lost compensation and revenue. The statue of limitations on filing a diminished value claim in Florida is three years from the date of loss. In order to recover the losses you must have a diminished value appraisal completed by a professional automobile appraisal company, such as Autoloss. Also, if the other party does not have insurance and you carry uninsured/ underinsured motorist coverage you may be able to claim diminished value under your policy... Autoloss can help the Florida consumer in many ways. We also have local Florida appraisers standing by to complete an inspection on your vehicle as well. Call 877-655-1661 so Autoloss can help you recover your losses today.

 

Contact our Florida diminished value experts now!  CALL US TODAY TOLL-FREE: 877-655-1661

Terry M. Fisher, Owner, Autoloss.com
Terry M. Fisher
Autoloss.com Founder

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