Trust DVAC to
Recover the True Value of Your Vehicle.
Case studies, expert insights, and essential tips to help you navigate diminished value and total loss settlements.
Our client was hit by an at fault insured causing $7235 in damage to his brand new 2021 Subaru with only 489 miles on the clock. As appropriate, the at fault insurance covered the collision repairs including two supplemental changes.
An owner of a 2019 Jeep Wrangler Unlimited had his vehicle damaged by an at fault; insured driver. The insurance company paid $9752.33 for the collision restoration, but when the Jeep’s owner inquired about diminished value the adjuster stated “your
The owner of a 2020 Toyota Tacoma was hit by an at-fault; uninsured hit and run motorist causing just north of $7800 in damage. Fortunately the hit and run motorist was apprehended. The damaged vehicle was properly restored to pre-accident
A customer with a 2020 Toyota 4Runner with 10,234 miles on the clock was hit by an at fault insured driver. The at fault insurance company covered $12,679.63 in collision damage restoration costs as required. When the vehicle owner inquired
The owner of a 2019 Tesla Model 3 was hit by an uninsured drunk driver. At the time of the incident, 12/28/19, the vehicle was a current model year with 6066 miles on the clock. The insurance company paid for
What is a Diminished Value Claim? Virginia Code §46.2-1600 defines “diminished value compensation” as the amount of compensation that an insurance company pays to a third-party vehicle owner, in addition to the cost of repairs, for the reduced value of
Is your auto policy in Nevada? Did you know that can challenge absolutely anything related to the claim? You can challenge repair procedures, repair cost, storage fees, administrative fees, total loss fees and the vehicles value. Nevada has the appraisal
If you have been in an auto accident and you personally were at fault, 9/10 time you will not be eligible to recover diminished value. This is because you would be filing a first-party claim toward your personal insurance company.
A Virginia based insured driver of a 2019 Cadillac Escalade was hit in North Carolina by an at fault insured driver from Florida. The collision restoration and repairs were paid for by the at fault Florida driver’s insurance carrier. The
A client was referred to DVAC by a respected five star auto-body shop. His brand new 2020 Tesla, with only 3623 miles on the clock, was hit by an insured at fault driver. The at fault insurance company paid $12950
