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Diminution In Value Claims

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Atlanta Diminution in Value Claims

“I was in an auto accident in August of 2011. I hired David Van Sant to help me with my case. David and his team helped me throughout the whole process and made it a more bearable experience. His team was there for me every step of the way. Anytime I emailed them or called them they either answered me right away or called me right back. They helped me with pretty much everything by getting the medical bills straightened out, finding good doctors, and even helped me deal with some of the emotional issues that I had from having a bad accident. I recommend this law firm. Very caring, professional, and just all around top notch.” (Hailey B. – personal injury client)

Get Compensation for the Diminished Value of Your Vehicle

After a serious accident, your car or truck will never be “as good as new,” especially when it comes to the resale value of the vehicle. In fact, a well-maintained vehicle that has been in a wreck and repaired may lose one-third or more of its previous value even if it looks great and runs wells. Why? Most consumers, given the choice, would prefer not to purchase a previously damaged vehicle for fear of future mechanical problems.

For accident victims, this often means that even if the at-fault party pays for all of your car’s repairs, you may still lose tens of thousands of dollars when it comes to the overall worth of your vehicle. You should know that, according to the law, the at-fault party is responsible for restoring the full market value of your car, not just paying for the immediate repairs. In other words, if your repaired car is worth less than it was before the accident, the responsible party must make up the difference.

At Van Sant Law, we want our clients to receive all of the compensation owed to them under the law after a motor vehicle accident, including money to make up for the diminished value of the damaged vehicle. If you believe that you are not getting a fair settlement after your car accident, we may be able to help.

The Dollars and Cents of a Georgia Diminution in Value Claim

To learn the diminished value of your vehicle, you have to subtract the value of your car after the accident from the value of your car before the accident. For example, if your car was worth $50,000 before your accident and only worth $35,000 after all repairs, your car diminished in value by $15,000.

Although insurance companies are aware that they owe you for the diminished value of your vehicle, getting them to agree to the correct payment can be extremely difficult. They may argue with you about the value of your car before the accident, the value of your car after the accident, or the formula with which the diminished value was calculated. To receive fair compensation for the damage done to your car, you may have to fight back the diminution in value claim with the help of a Georgia car accident attorney.

see how we've made a difference

If you are hesitating to call us for help, take a look at our recent case results.
  • $100,000 $100k for Woman Involved in Rear-End Collision With Neck Injury

    For Woman Involved in Rear-End Collision With Neck Injury

  • $350,000 $350k for Knee Injury Caused by Tractor Trailer

    Knee Injury Caused by Tractor Trailer

  • $525,000 $525k Result for Man Injured by Dump Truck

    Result for Man Injured by Dump Truck

  • $172,500 $172k for a Woman Who Injured Her Leg at Her Neighbor’s House

    For a Woman Who Injured Her Leg at Her Neighbor’s House

  • $100,000 $100k for Woman Involved in Automobile Accident & Suffered Elbow Injury

    For Woman Involved in Automobile Accident & Suffered Elbow Injury

How to Prepare for a Diminished Value Claim

To make certain you receive full payment from the insurance company after a car accident and vehicle damage, you will have to arm yourself with knowledge and information by doing the following:

  • Collect evidence. It never hurts to take pictures of your car after an accident. In addition, you may wish to locate pictures of your car prior to the accident as well. Other evidence could include information from your mechanic, repair bills, and any prior appraisals.
  • Document everything. Make sure to document any conversations you have with the insurance company, the party that caused the accident, and your car repair shop. Keep track of conversations or take notes, as all information could become useful during negotiations.
  • Get an appraisal. In order to determine how much the insurance company owes you, you must determine the current value of your car. A professional appraisal is often required under the law in order to file a successful claim.
  • Don’t just settle. It may be tempting to take any amount of money offered to you by an insurance company after a car accident. However, in many cases, the insurance company is banking on you accepting an unfair, lowball offer. If the settlement seems low, or if you have not done your own research, don’t sign anything.
  • Speak with an attorney. The best way to understand your case, negotiate your claim, and get a fair amount of compensation is to collaborate with an insurance claims lawyer experienced with diminution in value claims.
  • Proven Record of Results

    Van Sant Law has recovered millions in compensation for our clients’ benefit.

  • Years of Experience

    Van Sant Law is committed to professional and experienced personal injury representation.

  • Awards and Accolades

    10.0 “Superb” rating on Avvo™, Super Lawyers Rising Stars, National Trial Lawyers Association Top 40 Under 40

  • Strategic and Aggressive

    Our legal team includes former defense attorneys for large insurers who know how they settle injury claims.

  • Personal and Compassionate

    Our firm works hard to ensure that your needs are taken care of during your recovery time. We work for you so you can get your life back.

  • No Fee Guarantee

    Our firm works on a contingency fee basis. Meaning there are no fees or costs unless we recover compensation for you!

    "From the first phone call to getting my settlement check the customer service was great."

    They checked in throughout my care and gave updates as well, the process was truly a breeze! I cant thank you guys enough!

    - Tareckia S.
    "They were diligent, timely, and very informative during the whole process."

    Van Sant Law worked on my personal injury case, and they have gone above and beyond in representing me as a client. They gave multiple updates throughout the course of the case. I would highly recommend Van Sant to friends and family, and I would choose them as my personal injury attorney if I were to have a personal injury claim. Thank you, Van Sant Law!

    - Tyriq R.
    "Let the Van Sant team handle your case! You're in good hands."

    Attorney David M. Van Sant is one of the best injury trial attorneys here in the Atlanta area. They are precise and unique in their approach. When I had my car accident, my whole world was turned upside down, but with Attorney Van Sant and his team of professionals dedication and quality of service, my life is back on track. 

    - Crystal
    "We were thrilled with the support from Van Sant."

    The team really helped us as we navigated the claims process after our oldest child had his car totaled by a drunk driver! They were incredibly professional and helped us through every step of the process! Would absolutely recommend their services! Thank you!

    - Josiah B.
    "My results have been positive & I would highly recommend Van Sant Law to family & friends."

    I had a head on collusion that left me with a totaled car & very bad injuries. From the first time I spoke to David Van Sant to the end I have been totally satisfied. I worked with Patricia she was very compassionate yet professional she was always ready to answer any concerns that I might have. I am grateful that my daughter found this law firm for me. 

    - Karen J.
    "Van Sant is the place to go."

    R. Shannon Carpenter is the guy to call! Because of him I got a far larger compensation than I ever expect and the whole process was stress free for me!

    - Chase V.
    "David Van Sant has been by my side through it all."

    I would like to thank everyone in Van Sant Law for answering any questions that I have in a timely manner. I can personally say, Everyone in deserves recognition for being honest, hard working, ethical, logical, dedicated people. The only reason I rated them 5 stars is because it would not let me go higher!

    - Hilary
    "Van Sant Law took care of everything."

    Back in March I was involved in a rear end collision accident. The are very professional and will do whatever it takes to get the best possible offer when it comes with the insurance. 5/5 will recommend to everyone

    - Juan S.
Our Promise To You

Our firm is dedicated and committed to providing you with the best legal services possible, from your education on the issues to fighting for positive results for your case. Through a free, initial consultation, we will make sure you understand the best way to approach your case, and we’ll review any relevant documents that you provide us with to make sure we have a full, detailed picture of your situation.

Get Full Compensation for Your Damaged Vehicle After an Accident With Help From Our Insurance Claims Attorneys

If your vehicle has been damaged in a car accident and repaired, you may wish to make a diminished value claim to recover your associated losses. At Van Sant Law, we can help you get fair compensation as quickly and efficiently as possible. We have learned, through years of experience, how to create, support, and defend our claims in order to get the best results.

To learn more about our legal services and how to fight a diminution in value claim, or to request a free claim evaluation, please call our offices today. Do not let the insurance company take advantage of you. Discuss your legal options with a Georgia accident attorney and find out what can be done to recover the lost value of your vehicle.

We are available to help in your Georgia claim from any of our offices throughout Atlanta, Alpharetta, Athens, Cumming, Duluth, Lawrenceville, Sandy Springs, and Gainesville.

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