I’d like to explain what a diminished value claim is. Say you were in the market for a vehicle. There are two seemingly identical vehicles available to you. Same year, make, model and mileage for both; the only difference is one has been involved in an accident. The other vehicle has not. Would you pay the same amount for the two vehicles? If not, which one would you pay more for? It’s safe to say the vehicle you would probably pay more for is the vehicle lacking a history of prior accidents.
The fact of the matter is a car accident may cause your vehicle to lose value. A diminished value claim is the action you take against the person who caused the accident or their insurer for the automatic loss in value from a collision.
The Law Office of Jose R. Fernandez, P.A. is a law firm with offices in Miami, Florida; Tallahassee, Florida; and Philadelphia, Pennsylvania. Our firm is dedicated to handling all types of accident, injury, and wrongful death cases. Our firm is recognized within the legal profession for its successful track record and outstanding service to its clients. We represent all types of accident and injury victims in automobile, motorcycle, pedestrian, trucking, cruise ship and admiralty, premises liability, wrongful death, security negligence, medical malpractice, defective products, slip and fall, violent crimes, and other serious injury cases and/or claims.
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