What is Diminished Value? In Layman’s terms, Diminished Value is the immediate loss of value your vehicle suffers due to an accident even when your vehicle has been repaired. This loss of value is created by Stigmas and damage that can not be restored to...
Total Loss Appraisal, or as many call it, Fair Market Appraisal is what you need when the insurance company declares your car or truck a total loss. Without a Fair Market Appraisal, the insurance company will normally give you an offer way below true market value....
