Accurate Auto Appraisers

Diminished Value Recovery

If your vehicle’s accident damage was the fault of another who was covered by insurance, you are entitled to recover your lost value, in addition to the repairs.

Sobrero Associates are experts in dealing with the insurance company denial process. We can still get a successful result, even if your recovery claim has already been denied when using another source for evidence. We do, even then, offer our guarantee of successful results. Sobrero Associates wins at the insurance company denial game.

We offer free consultation with an expert about your specific situation only on the phone or in person. We do not respond to electronic questions by email about issues that are too complicated to adequately explain via text or email. The exact cost for our service will be determined after ou consultation about the issues.

Phone us at (800) 733-4937, or fill out the requested information form and our expert will phone you directly to work on your specific issue. This consultation is free.

Diminished Value Recovery History

After your vehicle has been repaired from an accident, your car has a lower fair market value in the resale market compared to a vehicle that has not been damaged and repaired, regardless of how well your car was repaired.

That loss of value is recoverable when the driver of the at fault involved vehicle is at fault. That lost value is referred to as "diminished value" in the insurance law. The insurance company representing the “at-fault” party is absolutely responsible for that lost market value. This liability of the insured party has been challenged in the legal systems on many occasions, and the courts have validated that Diminished Value is a legitimate, recoverable damage to the party who suffers a loss.

The history of Diminished Value Recovery has evolved drastically over a relatively short time.

Prior to the reach and power of the internet to gather and disseminate information, the concept of Diminished Value Recovery was little known, even though a legal remedy has been a part of the law for decades. Without access to this data through the internet, the consumer had no viable or accurate resource to discover whether a vehicle had an accident history, or the even bigger issue, whether the vehicle was rebuilt with a salvaged title and a potentially disastrous damage history.

Now, salvaged vehicles have a branded title and registration, and the damage history is on Carfax, NCIB, and many other similar websites. These are powerful resources committed to promoting the undesirability, risk, and lost resale value of vehicles with a damage history. The common objective is the replacement of older vehicles with the sale of new vehicles.

The powerful public and private interests include:

  • Government, which enact vehicle manufacture laws that mandate better fuel mileage, more safety, and especially environmental impact improvements. The common objective is to get older cars off the road by any means. Damage history is an effective tool to accomplish this goal.

  • The sales tax revenue benefits of replacement vehicle sales are obvious and have huge government support.

  • Auto manufacturers, their dealership network, and auto workers labor unions are huge supporters of anything that contributes to the sale of more new cars.

  • The advertising industry benefits by the increasing awareness of the general public that drives the expansion phenomenon. Carfax has a huge influence on the growing market. Soon, the average person will have an app on their smart phone enabling a user to snap a photo of a license plate and retrieve a vehicle’s accident history on the spot.

The consumer claimant position has been reduced to the role of a politically powerless victim, except for the protection provided in the law.

Vehicles without a branded salvage title, but with an accident history record, now share the same lost market value stigma although the amount of Diminished Value is significantly less than a vehicle with a salvaged title.

This lost value is real and recoverable in spite of insurance company resistance.

Prior to this recent public awareness, the overall cost to settle a claim for Diminished Value to insurance companies was usually so low that the insurance claims community ignored disputing these claims, or just paid when requested when provided any kind of proof. The impact on the overall cost to settle a Diminished Value claim has grown exponentially, and this cost now has the attention of the responsible claims management department and they don’t know how to put out the fire. The insurance companies can’t litigate the dispute because they have no legal basis for defense.

The major insurance companies are taking an increasingly consistent position of using the tried and true, time honored and proven, successful tactic of denial by playing hardball, thereby making the Diminished Value Recovery process difficult, confusing, time consuming, frustrating, and costly to the claimant.

This tactic often results in a claimant surrendering their damage recovery rights. Claim adjusters do this because it works.  This is known as “victory for the bully”. This option to surrender is not necessary, because we know how to successfully manage dealing with the insurance companies’ game of denial.

Need more information? Each situation is unique. Together, we can review your specific requirements and explore the best solution for you.

Call us today at 800-733-4937 for your complimentary up to 20 minute consultation.
There is no obligation, of course.

If you have attempted to prevail in a Diminished Value Recovery claim and been turned down, or offered a settlement that was too low, you have all the more reason to call us. It is likely your claim denial will not withstand to our challenge. Your success is guaranteed.

PS - Our service offers a guarantee of successful results conditioned upon our client following our advice and strategies when challenging a Diminished Value claim denial.