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“Diminution in Value” (DV) is the amount that your car depreciated as a result of being damaged in a car accident. DV measures the value of something before and after the event creating the lost value in order to calculate compensatory damages.

Most auto accident victims don’t know that they are entitled to the recovery of the Diminution in Value of their vehicle and of course insurance companies won’t tell you this is your right.

For instance, if your car was worth $20,000 prior to the accident, but is now worth only $12,000 due to being involved in an accident and being repaired, you would be entitled to $8,000 of Diminished Value for the difference in the value of your car (this amount is in addition to the cost of repair of your car).

In other words, even if your gets repaired and it looks “as good as new,” the truth is that it has a damage history because it has been involved in an accident, which will make its resale value lower in the eyes of potential buyers.

Insurance companies won’t tell you about Diminution in Value, hoping you wouldn’t bring it up! Even if you were not at fault and the accident involved an insured motorist your may be entitled to file a claim through the insured motorist portion of your policy.

Contact now the Personal Injury Experts at Yadidi Law Firm for a free consultation if you or one of your loved ones have been involved in an auto accident and need assistance in getting the highest diminution of value recovery amount.

Call us for a 100% free consultation at

1-800 393 9529
(1-800 EZ-EZ-LAW)
Se Habla Español!

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