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What Is A Diminished Value Claim?

What Is A Diminished Value Claim?

by Bridgewater Collision | Jan 3, 2025 | diminished value, Insurance

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,...
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