Can I Make A Claim For Diminished Value on A Leased Vehicle?

The law is pretty clear in most states that the owner of a vehicle can bring a claim for diminished value against an at-fault party, but this becomes a complicated issue for those who are leasing their vehicle. The issue of diminished value on a leased vehicle depends mainly on wording in the lease agreement …

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Typical Insurance Adjuster Excuses Against Diminished Value Claims

There are a lot of adjusters without much experience and all they know to do is what their insurance company has trained or told them to do. Most have been taught to deny diminished value claims no matter how convincing the evidence. Here are the most common arguments insurance companies use in an attempt to …

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Diminished Value from the Dealerships Point of View

Often times when speaking with a client, they tell us that a specific dealership will not provide them with diminished value figures. We’ve been doing diminished value appraisals for over seven years and have developed a large database of used car managers that will work with us. We’ve met with every used car manager in …

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Accuracy Unfortunately Takes Time

Since our company’s inception we’ve been researching diminished value evaluation techniques and trying to improve on our methods. We regret that after six years of research we still have not managed to come up with a way to do appraisals quickly. Our research indicates that the most accurate way to determine diminished value in the …

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Why Attorneys Are Reluctant To Pursue Diminished Value

We’ve been doing research into why so few attorneys pursue diminished value. The largest response we get is that they just don’t see much money in it. We completely understand this, but unfortunately it plays into the stereotype that attorneys are only interested in the money, and not what’s best for their client. The interesting …

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How Do You File A Diminished Value Claim?

It’s best as early as possible in the claim to discuss the issue with your adjuster to get an idea of their attitude on the matter. Let them know at the onset that you intend to pursue a diminished value claim. If their attitude is fine and they ask you to present evidence of your …

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History of Diminished Value Law in Louisiana

It  has  been  recognized  in  Louisiana  for  more  than  sixty  years  that  an  injured  party  is  entitled  to  diminished value.  See Day v. Roberts, La.App., 55 So.2d 316 (2d Cir. 1951) “It was recognized in Dupuy v. Graeme Spring & Brake Service, Inc., 19 So.2d 657, Appeal from First City Court of New Orleans; W. …

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Baton Rouge Diminished Value Claims

If you’re the victim of an auto accident in the Baton Rouge area and need to file an insurance claim, then we should be able to help you to recover more money.   Most people are aware that the market value of a vehicle decreases after an accident, but few people are aware that you …

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