ADR Claims

It is heartbreaking to see your car after it gets involved in an accident. You might think that it can get back to its prior shape again. For it, you try to make the best repairs that can help put it in great condition. However, reality hits differently. Even if you have repaired it well, your car loses its value. It is called diminished value.  However, to recover this loss, you can file a claim with the at-fault driver’s insurance company. But before you start the process, you must understand it clearly. There are some common myths about diminished value claims in California that you should know about for better clarity and accuracy of the process. Let us break down these common myths: Myth 1: If the car is fully repaired, there is no loss in value When your car encounters an accident, the first thing you would want is to restore its looks to what it used to be. Even if you have achieved it and made it as good as new, the California diminished value of your vehicle decreases the...

When your vehicle is involved in an accident, it has a negative impact on its market value. Yes, even if you get it repaired well and ensure that there are no damaging symptoms, it can decrease your vehicle’s worth. This depreciated value is known as diminished value. However, you must be surprised to know that you can compensate for this loss by filing a claim, provided you are not at fault! If you are doing it for the first time, you must have some questions in your mind. In this article, we will find out the most asked questions about diminished value in California, along with the answers. It will help you understand the process and the way to compensate for some loss. What is a Diminished Value Claim? If your car gets damaged in an accident due to the negligence of another driver, you can file a claim to restore the loss. This is called a diminished value claim California .  Who is Eligible to File a Diminished Value Claim? To be eligible to file a claim, you must meet some con...