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My car was rear ended. Their insurance company says va state law says to take a average market value minus what the after accident value is now (around $8,000 diff) and then add back in the amount they had to spend for repairs ($6,000 and i had to fight hard for new parts instead of repairing old) and they get a $1950 dimished value for my new audi sports car that now has bad car fax. Local car dealer says they cant add back in the repair costs! Is this true?
1 ANSWER
Insurance & Worker's Compensation Attorney serving Towson, MD
at
Saltzberg & Schloss
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If you have already not done so, you should pay for and obtain your own diminished value report in order to negotiate with the insurance company. I would suggest the following company:
Reed Appraisers
(301) 946-6116
www.Reedappraisers.com
Answered on May 13th, 2014 at 12:01 AM