If your car is damaged in an accident, its value may decrease, even if you repair it. “Diminished value” is used to describe this loss, and it’s often excluded in an insurance company’s offer to pay for your vehicular damage. Our diminished value lawyer in Marietta will stand up to insurers and fight to secure the compensatory damages you deserve.
Jones & Swanson gives you access to a legal team with more than 50 years of combined experience. Our Marietta car accident lawyer truly cares about you. We will evaluate your case and explain your legal options. If we file a diminished value claim for you, we will work diligently to recover the loss of your car’s market value after your motor vehicle accident.
We balance compassionate support with aggressive advocacy. Throughout your car accident case, our diminished value claims lawyer will help you overcome legal challenges and position you to receive the compensatory damages that you deserve for the loss in your vehicle’s market value after repairs are completed. For more information, request a free case consultation.
How Much is Your Car Worth After an Accident in Georgia?
With services such as CarFax and AutoCheck, used car buyers can purchase a report online to look up a car’s repair history. If your car has sustained significant damage in an accident, a report from CarFax or another provider will likely show the repairs. Due to this, the price a buyer is willing to pay for your car will likely be lower than it would be if you didn’t get into an accident.
After a car accident, you may want to consider pursuing a diminished value claim to compensate you for this difference. Our Marietta personal injury lawyer will teach you about diminished value claims and what they entail. Depending on your situation, we will guide you through the claims process and help you consistently make informed legal decisions.
The Jones & Swanson team offers FAQs and other resources to those interested in filing diminished value claims. If you are ready to file this type of claim, our auto accident lawyer will help you submit your request for the compensatory damages that you deserve in alignment with Georgia law. Contact us today to get started.
Who Pays for a Diminished Value Claim in Marietta, Georgia?
In Georgia, you can file a third-party diminished value claim against an at-fault driver’s insurance carrier. If the at-fault driver is underinsured or flees the scene, you may also pursue a claim through your uninsured motorist property damage (UMPD) coverage, if you have it.
Our Marietta diminished value lawyer will give you information about vehicle insurance requirements in Georgia. We will determine your eligibility for submitting a car accident claim to an insurance company. If you meet the criteria for filing a diminished value claim, our attorney will help you submit your request for the compensatory damages that you deserve.
We will engage in car accident settlement negotiations with insurance companies and take care of your communications with insurance adjusters and other parties. Plus, we will advocate for you and help you get fair value for your car based on the damage to your vehicle in your accident.
Factors That Can Affect the Payout of Your Diminished Value Insurance Claim
Our Marietta diminished value attorney considers many factors relative to your claim’s value, such as:
- Your car’s age and mileage: Claims involving newer and low-mileage cars are more likely to be successful than ones with older and high-mileage vehicles.
- Severity of vehicle damage: Cosmetic and minor panel damage tends to yield smaller claims, while heavy structural or frame damage generally results in a higher diminished value.
- Your car’s make and model: Large or high-demand cars may lose a larger percentage of their value after an accident than cheaper, mass-market vehicles.
When it comes to the recovery of the compensatory damages that you deserve, our car accident attorney will leave nothing to chance. During the claims process, we will look for ways to get your desired case results. In addition, any time you have legal concerns or questions, we will address them right away.
Can You Sue for Diminished Car Value in Georgia?
In Georgia, if someone else is responsible for your auto accident, you may be eligible to sue for the difference between your vehicle’s pre-accident market value and its post-repair value. Our lawyers will let you know if you have grounds for a lawsuit.
Per Georgia Code § 9-3-32, there is a four-year statute of limitations for the recovery of personal property or losses resulting from the conversion or destruction of this property. After we file your lawsuit, we will gather repair estimates, auto damage appraiser reports, and other evidence to support your case.
For those who have been injured in an auto accident, if we file a lawsuit for you, we will do so in alignment with Georgia’s personal injury statute of limitations. Per Georgia Code § 9-3-33, the statute of limitations for most personal injury lawsuits is two years. If your case goes in front of a judge or jury, we will use your medical bills and other evidence as we try to prove negligence.
Trust Our Diminished Value Lawyers in Marietta, Georgia, to Handle Your Case With Care
Allow our diminished value attorneys in Marietta to assist you with your case. We will use police reports, witness statements, and other information to learn about your car accident and your losses from the incident. Next, we will estimate your case’s value and, if warranted, help you proceed with a claim based on your car’s diminished value.
Our legal team has recovered millions of dollars in verdicts and settlements for our clients, including those who’ve suffered property damage in automobile accidents. Our personal injury attorneys will perform an investigation into your car accident case and explore many legal avenues to help you secure the maximum damages that you deserve.
Give our personal injury lawyers the opportunity to review your car accident case. Our attorneys will give your case our personalized attention. To find out more, schedule a free case consultation.
