Diminution of Value (Diminished Value): Is Your Car Worth Less After Accident Repairs Than If it Had Never Been Damaged?
The Allen Law Firm pursues diminished value claims on behalf of its personal injury clients as a "value added" service. Typically, the only expense is the appraisal fee unless the attorney is forced to litigate  the case in order to recover damages.
Virginia law allows that, even after proper repairs have been made, you can recover the "loss of value" of your repaired vehicle after an accident in addition to the cost of the repairs.  Insurance companies and auto repair shops called this loss of value the "diminution of value" or "diminished value" of the vehicle.What is "diminished value?"
In layman's terms, "diminished value" means the difference in value between a vehicle that has never been…