Your vehicle was fixed. So why is it worth less? Because accident history follows the car. That's called diminished value. You may be entitled to recover it from the at-fault driver's insurance. Most people never ask. Ask Cottle.
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Your vehicle may be repaired, but its value may not be. After an accident, many vehicles lose market value even when repairs are completed correctly.
Why?
Accident history remains on vehicle reports
Buyers often pay less for previously damaged vehicles
Trade-in offers frequently decrease
This loss is known as diminished value. Many drivers never realize they may have a diminished-value claim. Many insurance companies do not volunteer the information. Every case is different. Recovery depends on the vehicle, the accident, and other factors.
At Cottle Firm, we look beyond the obvious damages and help clients identify compensation they may be entitled to pursue.
If you've been involved in an accident, ask questions. Ask Cottle.
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