Trust DVAC to
Recover the True Value of Your Vehicle.
Trust DVAC to
Recover the True Value of Your Vehicle.
Statute of Limitations to File:
File First Party Claim:
File Third Party Claim:
Diminished Value Through Uninsured Motorist Coverage:
Small Claims Max Filling:
Diminished value of your vehicle is recoverable in third-party cases only. You can only recover from third-party at fault insurance companies and you cannot make a claim under your own uninsured motorist insurance. All drivers must carry minimum liability insurance, and the statute of limitations is 2 years from the time of the accident. Section 482-1-125-.08
Two primary court cases dictate the ability for auto owners to recoup diminished value:
King Motor Co. v. Wilson, 612 So. 2d 1153 (Ala.1992) is a Supreme Court case where experts agreed that a previously damaged automobile was worth less than an automobile that had never sustained damage.
Coffee County Comm’n v. Smith, 480 So.2d 1194 (Ala.1985)
The court found that the proper measure of damages was the difference in the value of the property before and after the damage.
Those third-party court cases are governed by the tort principle that compensation should make the injured party whole. Moebes, 709 So.2d 477,478 (Ala.1997) compensatory damages are designed to make the plaintiff whole by reimbursing him or her for the loss or harm suffered.
Experiencing a vehicle accident is a distressing event that can leave lasting effects. It’s crucial to handle the aftermath with composure and a clear plan of action to safeguard yourself and others involved. Whether it’s a minor bump or a major collision, understanding the steps to take can significantly impact your recovery process. In addition […]
Read MoreOUR PROVEN PROCESS
Start the process with a FREE consultation when you call us at (877) 879-0101 or fill out our Appraisal Form and we will contact you within minutes!
We analyze data to determine your vehicle’s true diminished value and deliver a quick, accurate appraisal that insurance companies can’t ignore.
We don’t stop at a report. We advise and support you through negotiations every step of the way until you receive your rightful compensation.
Even after repairs, your car may lose resale value due to its accident history—known as diminished value. Many buyers avoid damaged vehicles or expect a discount, but you have the right to file a diminished value claim. Some insurance companies won’t inform you of your right to an independent appraisal and often minimize payouts. With accurate data and a strong claim, DVAC ensures you get the compensation you deserve.
Call DVAC at 877-879-0101 for a FREE consultation or Start your Appraisal now!
