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Car Accident or Diminished Value Claim with Consultant

  • Writer: BAKA
    BAKA
  • Jan 11, 2024
  • 2 min read

Navigating a Car Accident or Diminished Value Claim? Consider a Consultant to Maximize Your Settlement!


In the unfortunate event of a car accident, or if you're facing any car-related issues, you might find yourself in a situation where your insurance company is offering a settlement that doesn't quite match the lower limit of your car's actual value. It's crucial not to settle for the first offer, especially if you believe your vehicle's worth exceeds what's being proposed.


Enter the world of diminished value (DV) claims, a real phenomenon where the value of your car diminishes post-accident. To ensure you get the compensation you deserve, it's advisable to consult with experts who can help you argue your case with the insurance company.

Geico, in particular, has garnered a reputation for being less generous when it comes to settling claims. However, with the right consultant by your side, you can turn the tables and ensure you receive the true worth of your vehicle.


Diminished value is not just a concept; it's a tangible loss that deserves fair compensation. So, don't settle for less! Consider consulting with professionals who specialize in maximizing your settlement, even if it means challenging insurance giants like Geico. Your diminished value claim is real, and with the right guidance, you can turn that reality into cash in your pocket.


REVIEW:

Vegas Baby. When we are in town the odds are in your favor!! A customer called me from Las Vegas. His 2020 Ford F-250 super duty Lariat with 50,678 miles was hit by a driver insured by AAA insurance. They paid the house $13,909.45 to repair is truck, but tried to bluff him on his diminished value hand. He didn’t back down and said “ I’m going all in with Collision Safety Consultants!” We submitted our paperwork to the adjuster and showed our hand and just like that, they folded. We got the whole pot. They paid him $5062.22 for his trucks loss in value. It’s not a gamble when you bet on CSC.


2.

You can’t collect DV in Massachusetts…. Well we do and we just did. A guy was referred to us from Foxborough. His 2023 Genesis GV70 with only 4500 miles was hit by a driver insured by Geico. They paid $13,303.26 to repair the vehicle, but they never mentioned compensating him for his vehicle’s loss of value. Luckily his body shop told him about us and how we recover diminished value. We submitted our comprehensive report to Geico. Our research showed a loss of value to be a little over $9000. This lizard being the lizard put up a fight. Literally months of back in forth. They even changed adjusters mid negotiations. They finally agreed to pay our customer $5500 for the diminished value. It’s not always a slam dunk but we always score!



When uncertain, don't hesitate to send a quick message or email. Asking never hurts and can provide valuable clarity.

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