Recovering a vehicle’s value lost after an accident.
Anyone who’s tried to sell a used car knows that an accident history will cost you, even if the vehicle was repaired. Still, the insurance company typically resists taking this into account when compensating you for your claim. An accident should not mean that suddenly your vehicle is worth thousands less and you just have to accept it.
- Accidents take value from your vehicle
- Insurance and some attorneys don’t take the time to address this value loss
- You could be legally able to recover some of your vehicle’s lost value
It is possible to recover compensation for the loss of your vehicle’s value. Under Arizona law, the argument is called a diminished value claim. It depends on the total value lost which can be proven by an expert report. Not all attorneys pursue these claims because they require some research and more phone calls to fight the insurance company for fair compensation.
Kel Vrana and Chandra Farris regularly pursues these claims for their clients. The details of your accident determine if a diminished value claim makes sense for your case. You can call for a free consultation to talk to us about your accident and discuss ways to easily and effectively recover from your accident.
Schedule your free consultation by calling 480-359-6002.
More information on loss of vehicle value and diminished value claims can be found here.
Our attorneys work directly with you on your Arizona loss of vehicle value claim
Personal injury lawyer Kel Vrana founded the Vrana Law Firm to offer individualized service to clients for diminished value claims and personal injury claims. If you would like to discuss your diminished value claim you can speak directly with attorneys Kel Vrana or Chandra Farris to discuss recovering your vehicle’s lost value, finding medical treatment, holding the other party accountable and whatever else your case may require. If you have been in an accident in Scottsdale, Tempe, Mesa, Gilbert or elsewhere in the East Valley we can meet you in our Tempe office. If you live in the West Valley we can also meet you in our Peoria or Surprise offices to discuss your loss of vehicle value claim.