by Sigourney Pierson | Jun 8, 2026 | Blog Articles, Diminished Value, Home Articles, Insurance Claim Appraisals, Market Value Range, Resale Value Appraisal, Value Appraisals
Even after a repair shop fixes your vehicle, its accident history can still reduce its market value. That loss in value is called diminished value. Without the right documentation, you may not receive the compensation you’re entitled to. A Diminished Value...
by WWCadmin | Aug 24, 2022 | Blog Articles, Insurance Claim Appraisals, Total Loss Value
Invoking the Appraisal Clause You made your total loss claim and your insurance company came back with a settlement offer that is simply unacceptable. You can send pre-loss descriptions and receipts for maintenance and current comparables in an attempt to negotiate....
by WWCadmin | Dec 7, 2020 | 01 Time Sensitive Articles, Blog Articles, Diminished Value, Insurance Claim Appraisals
Diminution of value occurs when a vehicle is wrecked or damaged in an accident. The vehicle is subsequently repaired or restored to road-worthy condition, and the insurance company agrees to pay the auto claim for the repairs. The car is now inherently worth less,...
by WWCadmin | Apr 2, 2020 | Blog Articles, Insurance Claim Appraisals, Total Loss Value
If your vehicle has been in an accident, your insurer may tell you that your vehicle is a “total loss”. What does this mean to you, and how does it affect your claim and your vehicle? In some cases, a total loss does not mean that the vehicle is scrap metal, and the...
by WWCadmin | Jan 16, 2020 | Blog Articles, Diminished Value, Insurance Claim Appraisals
What Is Diminished Value?: Diminished value is an amount of money owed to the vehicle owner by the at-fault insurance company for decreasing the market resale value of the motor vehicle due to its significant repair history. Despite being fully repaired, the vehicle...
