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Simply answer "YES" to the following three questions and you qualify:

Question 1: Do you own a luxury vehicle?

Question 2: Did your luxury vehicle suffer damage caused by an "at-fault" party?

Question 3: Are you able to provide us with the "at-fault" party's name and insurance information?

(A copy of the police report would have all this information.)

If you answered "YES" to all of the above questions, the overwhelming likelihood is that you qualify; the bigger area of concern when dealing with Diminished Value Recovery is identifying the "at-fault" party and determining if they have sufficient coverage to pay for the loss.  Findler & Findler, P.A., through its team of recovery experts, are able to secure all necessary information/documentation from the "at-fault" party's insurance company within days of being hired.  Once identified, we immediately place the insurance company on notice of our representation, as well as our intention to pursue a Diminished Value Claim against their insured.  This obligates the carrier to immediately open a file, which helps to accelerate the process of recovery.


Insurance companies will employ any tactic possible to deny your Diminished Value Claim.

We, at Findler & Findler, P.A., have identified the three most commonly used arguments the industry employs to deny your claim.

Argument One: Your vehicle has been repaired, therefore it's value has been restored to its pre-accident worth.  This argument is blatantly false! No reasonable or prudent buyer is going to pay the same price for a vehicle with a history of damage as they would for one never having been damaged.  The law clearly states that the correct measure of damages to the vehicle's owner is the cost of repairs, plus any reduction in the value of the vehicle!


Argument Two: "Show me the loss" - Insurance companies, when presented with a Diminished Value Claim, will insist on documented proof (either through sale or trade-in of your vehicle) that a loss has actually occurred.  On its face, this argument of "perceived" Diminished Value entitlement appears to make sense.  If you haven't actually sold or traded in your vehicle, why should the insurance company be responsible for any perceived loss in value? The answer is simple.  The entitlement to Diminished Value occurs immediately following the accident.


Argument Three: Produce the Vehicle for Inspection or Suffer the Consequences - This is a common tactic used by insurance companies to deny Diminished Value Claims where the previously damaged vehicle has been sold or traded in.  How can we determine amount and/or entitlement to Diminished Value without visually inspecting the vehicle?  Diminished Value is predicated on the perception that despite the vehicle having been repaired to the satisfaction of the owner, the resale value of the automobile will be reduced simply based on a history of prior damage being reported.  There is no legal obligation on behalf of the individual presenting a Diminished Value Claim to make the vehicle available for inspection.