Owasso Diminished Value Claims
Diminished Value In Owasso, OK
Even if your car’s diminished value claim is accepted, you still need to get an appraisal. An independent appraiser can accurately determine the real value of your loss, so you can get the fair compensation you deserve.
Whether a vehicle is totally repaired or partially repaired depends on the type of damage and the overall evidence of repairs. If you are unable to get the right estimate of diminished value, then you will have to settle for less than you can receive from the insurance company.
A good choice is to hire Collision Safety Consultants Of Oklahoma because we offer free automobile valuation services.
Speak to our vehicle appraisers about your car.
Diminished Value Calculator
It’s important to remember that diminished values are subject to certain limits. The federal government set a 10% cap for this type of damage, known as the base loss of value. This means that the maximum you can claim for diminished value is ten percent of the car’s original sales price. A vehicle’s diminished-value cap is based on the extent of the damage to it. The underlying principle behind these limits is that the lessor has the greater burden of proof, while the insurer will be required to prove that the car was worth the lesser amount.
Get our team of vehicle appraisers to calculate the right loss of value of your car.