What Is A Diminished Value Claim?

What Is A Diminished Value Claim?

After a car accident, even if your vehicle is professionally repaired, it can suffer a loss in market value simply because it has a history of being damaged. This reduction in resale or trade-in value is known as diminished value. If someone else caused the accident,...
How to Calculate Your Total Loss Insurance Payout

How to Calculate Your Total Loss Insurance Payout

In New Jersey, many vehicles are declared a total loss each year. The cost to repair and scrap value often exceeds the car’s pre-accident value. If your car is totaled, knowing how to calculate your total loss insurance payout is key to getting a fair deal. Your...
Hidden Damage After An Accident

Hidden Damage After An Accident

Did you know that drivers get into car accidents every 18 years? Even small crashes can cause hidden damage. Hidden damage after an accident can affect how well your car works and its safety. Structural issues, suspension problems, and hidden mechanical damage are...