Your car starts to depreciate once you drive it off the dealership and will continue to lose its value over the years. However, the value significantly drops after an accident, even if you get the ...

Diminished value is the difference between your car’s value before an accident and after, even if it’s repaired. Filing for a diminished claim may help you earn back some of your car’s lost market ...

A CarProUSA Radio Show listener from Houston called last Saturday dismayed because he was hit by another driver causing a wreck that was not his fault. He had heard me talk about diminished value, but ...

People have heard me talk about a couple of things that are on my FAQ page under the insurance section. One is the article I wrote on dealing with an insurance adjuster, and the other one is about ...

Every reported accident, big or small, reduces your car’s value in the marketplace, even if repairs return it to its pre-accident condition — and that reduction is in addition to the typical loss of ...

Q: My leased car had only 900 miles on it when it suffered damage in excess of $13,000 in an accident that was the other driver’s fault. His insurance company paid for the repairs but has refused my ...

Maryland drivers who get into accidents with uninsured drivers, or whose vehicles are damaged in a hit-and-run accident, can now recoup their repaired vehicle's loss in value from their own insurance ...