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Frequently Asked Questions

We all started from scratch. Curious about how it all works? Discover the ins and outs of filing a diminished value claim and optimizing your settlement!

  • What is the pricing for a diminished value report and what does it include?
    Our appraisal reports generally start at $499, with potential adjustments for high-end or exotic vehicles. With your report, you'll receive: - A certified appraisal report quantifying your diminished value loss. - Comprehensive instructions for presenting your claim, including a sample demand letter. - Ongoing phone and email support throughout the claims process. You'll be equipped with all the necessary tools to file and optimize your diminished value claim. Our delighted clients frequently report that their diminished value settlements significantly surpass the cost of our reports. Additionally, if the assessed value falls below $499, we will promptly refund it to you.
  • Will you guarantee my results?
    We stand behind our services with a money-back guarantee: if you don't recover at least the amount you paid for our report, we'll refund your investment. To qualify for a refund, simply present our appraisal in small claims court and provide us with a copy of the court's ruling.
  • Can I still file a diminished value claim even if I have already repaired my car?
    Absolutely! You can still file a diminished value claim even after repairing your car. In fact, it's quite common for individuals to pursue such claims post-repair. The diminished value of your vehicle is determined by comparing its pre-accident value to its value post-repairs. So, even if your car has been repaired, you may still be entitled to compensation for the diminished value resulting from the accident.
  • Does my diminished value estimate need an inspection in person?
    You don't always need someone to inspect your car in person to figure out its diminished value. By carefully looking at things like repair estimates and photos, we can still accurately estimate how much its value has decreased after an accident.
  • Should I sell my car to file a diminished value claim?
    While the timing of when to sell your car is ultimately up to you, it's essential to consider the impact of diminished value loss, which occurs immediately after your car accident. Therefore, filing your claim promptly can help ensure you receive the compensation you deserve for any diminished value incurred.
  • Should I still pursue diminished value compensation if I think my accident won't be recorded on CARFAX?
    Absolutely. While your accident may not be recorded on CARFAX today, there's no guarantee it won't appear in the future. Moreover, even if it's not documented, you might still be subject to damage disclosure laws in your state, obligating you to disclose the accident history to potential buyers. Furthermore, even if your accident doesn't show up on CARFAX, dealers are adept at detecting past accidents. They employ various techniques, such as measuring paint thickness, to identify repairs. Consequently, this could impact the amount offered to you for a trade-in, as dealers are skilled at assessing a vehicle's accident history.
  • Why are your reports better than other reports I can buy online?
    Our reports stand out from others available online due to several key factors: Expertise and Experience: Our reports are prepared by seasoned professionals with extensive experience in assessing diminished value. We leverage our expertise and knowledge to ensure the accuracy and reliability of our assessments. Customization: Each report is customized to fit your unique circumstances and needs. We take into account factors such as the type of vehicle, extent of damage, and regional market conditions to provide tailored insights and recommendations. Comprehensive Analysis: Our reports go beyond surface-level evaluations. We conduct thorough research and analysis to provide you with a comprehensive understanding of your vehicle's diminished value, supported by detailed documentation and evidence. Professional Support: In addition to receiving a detailed report, you'll have access to our team of experts who can provide ongoing support and guidance. Whether you have questions about your report or need assistance with the claims process, we're here to help every step of the way. Proven Results: Our reports have a track record of success, with many satisfied customers attesting to the effectiveness of our assessments. We have helped countless individuals recover fair compensation for their diminished value losses, and we're confident we can do the same for you. Overall, our reports offer unmatched quality, accuracy, and support, making them the preferred choice for anyone seeking to maximize their compensation for diminished value.
  • Am I entitled to acquire a diminished value assessment report for personal use?
    Yes, it is within your rights to obtain a diminished value assessment report for your own use. This report can help you understand the extent of the diminished value of your vehicle after an accident, which can be valuable information when negotiating with insurance companies or potential buyers. Additionally, having a professional assessment can provide you with evidence to support your diminished value claim if you decide to pursue compensation through legal means.
  • When will I receive my diminished value report?
    Rest assured, your comprehensive diminished value report will be promptly delivered to your inbox within just 2-4 business days.
  • When should I present my diminished value claim?
    For optimal results, we recommend submitting your diminished value claim to the insurance company after your repairs are finalized. This ensures that you have a comprehensive list of all completed repairs, which you can then provide to us for thorough review before proceeding with your claim submission.
  • Do I need a lawyer to recover my diminished value?
    In many instances, the necessity of hiring a lawyer to pursue your diminished value claim is minimal. Lawyers typically demand up to 33% of your settlement to represent you, yet their involvement doesn't always translate to a higher settlement for you. Insurance companies, accustomed to legal proceedings, remain unfazed by legal representation as they routinely handle such matters. Our meticulously crafted appraisal reports provide you with an alternative avenue: presenting your diminished value claim directly to the insurance company without legal representation. Should the insurance company fail to provide a satisfactory resolution or make a reasonable offer, you retain the option to file a lawsuit in small claims court independently.
  • Why should I care about diminished value?
    Diminished value matters because it directly impacts the financial worth of your vehicle. When your car is involved in an accident, even if it's repaired to its pre-accident condition, its value may still decrease due to its history of damage. This decrease in value, known as diminished value, can affect resale or trade-in value, potentially costing you thousands of dollars when you decide to sell or trade your vehicle. By understanding and addressing diminished value, you can protect your investment and ensure you receive fair compensation for any loss in value resulting from an accident.
  • What support do you offer after I purchase my diminished value report?
    We offer phone and email support to help you present your demand and recover your diminished value. Following your purchase of a diminished value report, you can expect ongoing support to ensure you make the most of your investment: 1. Dedicated Assistance: Our team remains available to address any questions or concerns you may have regarding the report's contents or its implications for your claim. 2. Guidance Throughout: We offer guidance throughout the claims process, including assistance with understanding the report's recommendations and navigating interactions with insurance companies. 3. Customized Support: Our support is tailored to your specific needs, providing personalized assistance based on the unique circumstances of your case. 4. Timely Communication: We prioritize prompt and effective communication to ensure that you receive the guidance and support you need when you need it most. 5. Commitment to Your Success: Our ultimate goal is to help you achieve a successful outcome in your diminished value claim, and we're committed to supporting you every step of the way. With our ongoing support, you can approach your diminished value claim with confidence, knowing that you have a dedicated team behind you, ready to assist you in maximizing your compensation.
  • What are the steps after getting my diminished value report?
    Once you've received your diminished value report, it's essential to take proactive steps to leverage its insights effectively: 1. Review and Understand: Carefully review the contents of the report to understand the assessment of your vehicle's diminished value. 2. Evaluate Options: Assess your options based on the report's findings. Consider whether you will pursue a diminished value claim with your insurance company or explore other avenues for compensation. 3. Take Action: If you decide to pursue a claim, follow the recommended steps outlined in the report, including how to present your case to the insurance company. 4. Seek Guidance if Needed: If you encounter any challenges or have questions about the process, don't hesitate to reach out to the appraisal service for guidance and support. 5. Maximize Compensation: Utilize the report as evidence to negotiate for the maximum compensation possible for your diminished value loss. By taking these proactive steps, you can effectively utilize your diminished value report to pursue fair compensation for the diminished value of your vehicle.
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