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Welcome to ADR-Claims, where we are committed to making your insurance claims process as smooth and fair as possible. Our mission is to ensure that you receive the equitable settlements you deserve through our expert appraisal services and unwavering dedication to integrity and professionalism.
A vehicle’s journey on the road isn’t easy, it is prone to wear and tear and accidents! Collisions cause a lot of issues for the vehicle owner. The first thing to make sure after an accident is that every person involved in it is safe and healthy. The next thing to take note of is the “Vehicle”.
No matter if the vehicle is repaired fully, it ought to lose its value, because of the damaged tag attached to it. This depreciated value is known as Diminished Value. Not many vehicle owners are aware of the fact that they can get decent compensation for this loss. However, the entire can feel daunting due to a number of technicalities attached to the process.
Welcome to ADR Claims! Our experienced team has helped many California residents to file and receive the California diminished value claim in a hassle-free manner.
Here are some of the frequently asked questions regarding the diminished value claims in California. These answers will help you understand the concept better. However, it should not be deemed as legal advice for the same, you should rely on certified professionals only.
These claims are meant only for the party who is innocent of the accident. In other words, you can file the claim when it is proved that it wasn’t your fault. The claim is to be filed with the faulty driver’s insurance company.
You need to have the right value of the vehicle (in cash) before the accident, to access the diminished value. The difference between the value before the collision and after repairs is the Diminished Value California.
Once the repairs are complete the current value of the vehicle is accessed much lower than it was before the accident. It’s time to look into diminished value claims.
The California Law has provided a period of two years from the date of accident to file for the claim of the loss in the vehicle’s value because of collision. This means, within two years, you can anytime file the claim to the insurance company of the at-fault driver. Do not forget, that if you miss filing the claim within the stated time frame, your chances of getting the compensation become weak or you can be straightaway denied for the same.
It is advised to act swiftly! Get in touch with a team of professionals to file your California diminished value claim on time with the required documentation. This allows you to receive a fair amount without much hassles.
At ADR Claims, we understand how confusing it gets for a vehicle to file for a claim due to the numerous formalities attached to it. Our experienced professionals will simplify the process and help you file the claim in the most hassle-free manner.
For more information regarding our services, feel free to contact us. Let no collision or accident hamper your pace! File for a diminished value claim in California with ADR Claims and get the much-needed support to rightly file the claim and recover your loss.
