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Diminished Value claim in Florida:

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. 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 Appraisal Group of America. 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... Appraisal Group of America 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 Appraisal Group of America can help you recover your losses today.

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