When your vehicle is repaired after an accident, its resale value is permanently diminished simply because it now has an accident history. This difference between the pre-loss market value and the post-repair market value is known as Diminished Value (DV). Because there is no “set in stone” industry standard for calculating this loss, insurance companies routinely deny or lowball these claims. We overcome this challenge by generating a highly-detailed Diminished Value Report. This report provides irrefutable evidence, based on comprehensive data analysis and calculations, to support a high, fair settlement value, empowering us to successfully negotiate with the insurance company on your behalf.
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Once we have established the true Diminished Value of your vehicle through our comprehensive analysis, we immediately begin the settlement process. This involves using the detailed Diminished Value Report to craft a professional and assertive Demand Letter to the responsible insurance company. This letter outlines the financial loss and provides the compelling evidence necessary to support our demand for fair compensation. We then handle all negotiations, pushing back against low counter-offers and leveraging the strength of the report to secure the maximum possible settlement for you. Our goal is to resolve your claim efficiently and ensure you are fully compensated for the devaluation of your asset.
You should focus on your recovery and getting back on the road—not on fighting with insurance adjusters or worrying about upfront legal bills.
We handle all Diminished Value and Total Loss claims on a Contingency Fee Agreement. This means you pay $0 in legal fees unless and until we successfully secure a settlement or judgment for you. If we don’t win, you don’t pay us a legal fee. Our success is directly tied to yours.
Here is an example of how your claim is handled by our firm:
Initial Contact: You contact us with your accident details and repair estimate.
Report Generation: We run a powerful analysis, which generates a proprietary Diminished Value or Fair Market Value Report based on 35+ data points and 60+ calculations. We review this report to confirm the potential settlement increase is worthwhile.
Client Reimbursement for Report: To move forward with the formal demand, the prospective client is required to reimburse the firm for the cost of the DV/FMV Report. This low, one-time fee is necessary to create the binding Demand and Settlement Letters needed for effective pre-litigation negotiation.
Demand & Negotiation: Our firm uses the purchased report to generate a strong Demand Letter and handle all communication with the insurance company, negotiating to maximize your settlement.
Settlement & Payment: Once a fair settlement is reached, the funds are collected, and you receive your payment, minus our agreed-upon contingency fee, typically resulting in thousands of dollars more in your pocket.
By operating on this model, we eliminate the financial risk for you while using the industry’s most detailed reports to ensure you receive the maximum compensation you deserve.