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Exotic Sports Car/Boat Diminished Value Situation



A Ferrari was hit by an at fault insured driver from behind pushing her into the boat. This was a complex liability situation. There was collision damage sustained by the Ferrari and the boat. These were paid by the at fault driver’s insurance carrier as appropriate. What about Diminished Value!?


DVAC was retained by the law firm handling the claims to determine the correct and fair Diminishment of Value (DOV) settlements for the Ferrari and boat owners. (diminished value applies to boats too!) Both DOV claims were paid post haste when all parties agreed that DVAC’s objective 3rd party boat and vehicle DOV evaluations were fair and reasonable. Whether it’s a Ford, Ferrari or

Boat, DVAC can assist individuals and/or insurance companies come to a fair and market fact based settlements. Opinions vs Facts.

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