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What is Diminished Value?

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Pre-Accident

$54,749

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Post-Accident

$46,454

Sport Car

Filing A Diminished Value Claim In Florida

Statute of Limitations to File: 4 Years 

File First Party Claim: No 

File Third Party Claim: Yes 

Diminished Value Through Uninsured Motorist Coverage: No

Florida Small Claims Max Filing: $8,000 

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Valid Florida
Case Law

Two primary cases in Florida that dictate the ability to recover Diminished Value

1Siegle vs. Progressive Consumer's Insurance Company, 819 So.2d 732 (Florida 2002). (Florida Supreme Court) 

2. McHale vs. Farm Bureau Mutual Insurance Co. 409 So.2d 238 (1982) (The District Court of Appeal of Florida, Third District)

 
Car Interior
Richart Taylor

Richard W. Taylor, President-Managing Partner
NPN #16425692

Richard was a great help in assisting us with our total loss claim with our own insurance company. Not only did he get us fair market value but he was a pleasure to deal with, extremely helpful, extensively knowledgeable, and couldn't have been more responsive. I cannot recommend him highly enough.

Reviews

DVAC Better Business Bureau Accredited
Richard Taylor

Richard E. Taylor, Sr. Vice President-Partner
 
NPN#18866571

DVAC gives nothing but honest and objective opinions about the value of your vehicle. I have used Mr. Taylor for appraisals multiple times, and each time, I've gotten nothing but an honest assessment. Mr. Taylor is not only knowledgeable, but extremely responsive and efficient. Highly recommend DVAC.

Call DVAC at 877-879-0101 for a FREE consultation

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