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I was disappointed with the insurance companys diminished value they had assigned to the vehicle as a result of the accident. The amount of diminished value clearly was much lower than I anticipated, and without your guidance I would never had recovered the lost value of the Volvo from the accident.In their online article later removed from State Farms website Diminished value fact or fiction? State Farm has tried to discourage consumers from attempting to recover diminished value. We disagree. Many times claimants are not made aware of compensation for diminished value. Insurance companies would have you believe they are your advocates when in reality they are your adversaries. Many times insurance companies will reward their adjusters based on minimizing settlements. When a demand for diminished value is made, insurance companies may deny diminished value has happened. Some insurance companies give adjusters scripts to help them lower the value of claims. Claimants need to support their claims with an expert evaluation that diminished value has occurred.

 

Address: 13728 NW Glendoveer Dr. Portland, Oregon 97231
Telephone: (877) 655-1661
Fax: (503) 656-1249
Website: http://www.appraisalgroupofamerica.com/

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