Q+A’S
+ What is inherent diminished value?
Inherent diminished value and repair related diminished value. inherent diminished value is the reduced resale amount due to a car having a history of damage.
+ How do I collect diminished value?
Collecting Diminished Value from an insurance company can be a difficult and lengthy process. that is why we are here to help. the insurance companies in illinois have tried to keep consumers from knowing about this. diminished value can be collected from any auto insurance company in the state of illinois: state farm insurance, allstate insurance, geico insurance, usaa insurance, country insurance, hartford insurance, travelers insurance, progressive insurance, farmers insurance, american family insurance, etc....
+ How much will it cost to hire a lawyer?
All cases are taken on a contingency basis. this means that you do not have to pay us anything unless we win your case. if we win your case, then our fee is a percentage of the recovery, plus any costs.
+ How much is my diminished value case worth?
That depends on a number of factors. the biggest factors are the value of your car before the accident and the severity of the damage to your car from the accident. please contact us for a free consultation and we can better answer this question.
+ What if the person that hit me did not have insurance?
If the person that hit you did not have insurance, then you MAY still have an uninsured motorist claim through your own insurance. you can still recover. However, most insurance policies in Illinois are starting to exclude diminished value from their coverage.
+ What if the insurance company is not willing to settle?
THEN WE WILL FILE A LAWSUIT AND FIGHT TO WIN YOUR CASE in court. WE are licensed to practice law anywhere in the state of illinois. we currently serve residents of COOK COUNTY, MCHENRY COUNTY, DUPAGE COUNTY, LAKE COUNTY, KANE COUNTY and WILL COUNTY.