Diminished Value Claim in Tampa Bay, FL
Filing A Diminished Value Car Appraisal in Tampa Bay
If you’ve been in a car accident that wasn’t your fault, your vehicle has likely lost market value– even after high-quality repairs. This loss is called diminished value, and it can affect what your car is worth when selling or trading it in. That’s where we come in. At American Auto Appraisals, we specialize in diminished value claim appraisals in Tampa Bay, providing detailed reports that stand up to scrutiny by insurance companies and in state and federal courts. Under Florida state law, you have a limited time to submit your claim. Waiting too long could end up costing you thousands.
How To Get A Diminished Value Claim Appraisal
Getting into a car accident can be frightening and confusing; however, claiming your vehicle’s worth shouldn’t become another issue for you to resolve. We break down the process into three easy steps:
Inspection
Our team will request a set of documents, typically a damage report from the incident, a series of pictures of your vehicle, any additional accident history of the car, and the purpose of the appraisal.
Research
Our office will take existing factors into consideration and compare market data to provide an accurate diminished value amount that backs your claim in front of insurance companies.
End-To-End Support
Our services don’t end with an appraisal. We offer expert guidance to ensure you receive the compensation you deserve.
Inspection
Our team will request a set of documents, typically a damage report from the incident, a series of pictures of your vehicle, any additional accident history of the car, and the purpose of the appraisal.
Research
Our office will take existing factors into consideration and compare market data to provide an accurate diminished value amount that backs your claim in front of insurance companies.
End-To-End Support
Our services don’t end with an appraisal. We offer expert guidance to ensure you receive the compensation you deserve.
Requirements For Filing A Diminished Value Appraisal in Tampa Bay
To file a diminished value claim in Tampa Bay, your case must meet the following criteria:
- Another driver was at fault for the accident
- Your car has lost measurable value due to the accident—even after being fully repaired
- Value appraisal of your vehicle before the accident
- Value appraisal of the vehicle after the accident
It’s helpful to get a trade-in value letter from other dealerships that gives an estimated value of your vehicle. Make sure to submit multiple copies of the repairs and photos of your vehicle after the repair.
Not Sure If Your Vehicle Qualifies For Diminished Value Claim? We Can Help!
With over a thousand car crashes in Florida every day, not every car meets the eligibility criteria for a diminished value claim. In most cases, claims may be denied if:
- Your car is valued at less than $7,000.
- You have signed a release of liability form.
- There was minimal damage to your vehicle.
- Your vehicle has excessive mileage at more than 30k miles per year.
- Your vehicle is more than 10 years old.
- Your vehicle was salvaged or rebuilt.
- Your vehicle was badly damaged before the most recent accident.
- Your vehicle was totaled.
- The statute of limitations on your claim has expired.
At American Auto Appraisals, our team provides independent, certified appraisals that help you understand your vehicle’s true worth and guide you on the next steps. If you are not sure if your vehicle qualifies for a Diminished Value Claim, give us a call!
Who We Serve In Tampa Bay
At American Auto Appraisals, we proudly serve Tampa Bay and the surrounding communities, including Pinellas Park and St. Petersburg. With online diminished value claim reports, you can quickly and conveniently get trusted numbers from the comfort of your own home! No matter your situation, our goal is the same: to protect your vehicle’s value and help you secure the compensation you deserve.
Hear From Our Customers About Our Five-Star Service
These guys saved me over a thousand dollars
I got pre-purchase appraisal from American Auto Appraisers and it saved me over a thousand dollars.
– Bob Rider
They helped me determine my truck’s real value
American Auto Appraisers is the best appraisal service available. The people at American Auto Appriasers helped me determine my truck’s real value. I think everyone should get an appraisal when in doubt about the actual value of their vehicle.
– Linda Montgomery
Very happy with my car purchase
From now on, when I purchase a car I am going to get a certified American Auto Appraisal to make sure I am not paying too much!
– Joe Bently
These guys always amaze me
I would recommend American Auto Appraisers to any law firm trying to determine the value of a vehicle asset. An American Auto Appraisal is a very powerful tool for law firms all over the world. American Auto Appraisers is one of the most progressive companies in the automotive appraisal business
– Eric Faddis, Attorney at law
I always use American Auto Appraisers
Whenever my law firm needs a vehicle appraised, I always use American Auto Appraisers. I have found they offer the best service in the industry.
– John Oldham, Attorney at Law
Get Your Vehicle’s Worth With American Auto Appraisals
With us, you can expect accurate reports that guarantee you the best outcome.
Frequently Asked Questions
What is a diminished value claim?
A diminished value claim compensates you for the loss in your vehicle’s market value after an accident, even if the car has been fully repaired.
What types of vehicles don’t qualify for diminished value claims?
Vehicles may not qualify if they are over 10 years old, valued under $7,000, have excessive mileage, were previously salvaged or rebuilt, totaled in an accident, or if you signed a release of liability.
