Your car starts to depreciate once you drive it off the dealership and will continue to lose its value over the years. However, the value significantly drops after an accident, even if you get the ...

Diminished value is the difference between your car’s value before an accident and after, even if it’s repaired. Filing for a diminished claim may help you earn back some of your car’s lost market ...

The point of car insurance is to make you whole again after an accident. But no matter how expertly repaired, a car with an accident history will likely be worth less than one without -- even if the ...

FT. LAUDERDALE, FL, April 25 /PRNewswire/ - Imagine you're stopped at a red light when someone rear-ends you. The insurance company pays for the repair as well as your deductible. However, your car ...

FT. LAUDERDALE, FL, Dec. 1 /PRNewswire/ - Just in time for winter, TheyWroteOffMyCar.com Inc. announced today the launch of a new website called MyCarIsWorthLess.com (Worth - Less, not worthless) to ...

I would like to file a diminished value claim in Illinois. My wife was involved in a car accident and it was not her fault. Could you tell me what I should do if I want to file it myself without ...

Q: My leased car had only 900 miles on it when it suffered damage in excess of $13,000 in an accident that was the other driver’s fault. His insurance company paid for the repairs but has refused my ...

Auto insurers are often asked by their insureds and third-party claimants to pay for what are known as “diminished value” damages in connection with car accidents. Generally speaking, “diminished ...

DURHAM, N.C. (WTVD) -- A Durham driver was frustrated because of an insurance claim. Everlene Turrentine was in a car accident that was not her fault and caused more than $20,000 worth of damage to ...