Diminished Value

Maryland Diminution of a Value Attorney

Get paid now what you won’t get paid when you trade

When your vehicle is seriously damaged in an automobile accident that is the fault of another person, one of the major concerns outside of your physical health will no doubt be the repairs to your vehicle. Even if you use the highest rated body shops in your area, who recover your vehicle to look and drive like the day you took it off the lot, the fact that you were in such an accident will no doubt show up when you go to sell or trade in your vehicle.

Big dent on car

You’ve no doubt seen commercials about Carfax, and the desire to only buy used cars that you can see the Carfax on. This is typically so that you can see if a used vehicle was in a serious accident. Realize that on the other side of this, when selling a car with such a Carfax report, the value a private party or dealer will be willing to pay for your vehicle will be less than what you would expect by looking in the blue book value for the car.

When another person is to blame for this damage, our office is experienced in negotiating the diminished value that your vehicle will have in the future, and getting you that money now! We take all of the information from the body shop, photos of the vehicle, and work with an expert estimator to provide a forecast of the sale value of your vehicle versus other similar vehicles that did not have such damage done to them. Then, we negotiate this value with the insurance company and recover the money for you!

We charge no upfront fees for this service and get paid only when we recover money for you. We even cover the cost of the expert evaluation and reports while the negotiation is happening, and that money is only repaid when we recover the value for you. For more information, or to discuss the possibility of recovering the diminished value of your automobile, contact my office at (410) 885-6200.