Collision Safety Consultants of Indiana

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Diminished value is the depreciation in market value that occurs when a vehicle is wrecked and subsequently repaired. Once a wrecked CAR has been repaired. NO informed consumer will PAY the same price for that vehicle AS they would have before the accident. Even with expert repairs. The vehicle will always lose value after being involved in an accident. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------- for example. Let’s SAY You’re CAR shopping. The dealer presents YOU with TWO identical vehicles – make. Model. Mileage. Color. Year. Tires. And price are exactly the same. -but. ONE of the vehicles was damaged in an accident and then repaired flawlessly. For the same price. We CAN probably guess which CAR YOU would pick! it goes without saying that the CAR that’s never been damaged will BE a safer pick for YOU and therefore is worth more in the eyes of the consumer. **although it’s just common sense that repairing a vehicle does NOT fully restore the CAR to its pre-accident value. Many Don’t realize that the “AT fault” party owes YOU NOT only for repairs. But Also for the loss in value or diminished value your CAR sustained. Sometimes. That additional loss in value CAN even push the vehicle to the point of being a total loss. The insurance Company is supposed to make YOU whole again after your vehicle sustains damages. And that includes reimbursing YOU for diminished value. YOU MAY BE wondering HOW to assess that loss in value – HOW DO YOU know HOW much you’re owed? that’s where collision safety consultants of Indiana comes in. We are Independent. Unbiased vehicle damage appraisers. Specializing in the areas of vehicle diminished value. Total loss vehicle assessments. And post repair inspections.