by Eric Reamer | 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,...
by Eric Reamer | Dec 20, 2024 | Insurance
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...
