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Diminished Value Lawyers

Chart of car losing value after accident

Don’t Settle For Less, Hire Us To Pursue A Diminished Value Claim For You

Diminished value is the loss in market value of your vehicle as a result of being in an accident.  Even if your car has been completely repaired it has likely lost resale value because most buyers will pay less for a vehicle once they learn it has been involved in a collision. 

The good news is that you may be entitled to receive compensation for your vehicle’s loss in value.  In the State of Florida if your car has been involved in a collision and you were not at fault in the accident, you can file a diminished value claim with the insurance company. 

“Diminished value is one of the biggest kept secrets in the insurance industry.”

Diminished value is one of the biggest kept secrets in the insurance industry.  Insurance companies do not have to tell you that you have the right to recover compensation for your vehicle’s diminished value.  They will also do everything within their power to limit the amount they have to pay to settle your claim. 

Coffey Trial Law Diminished Value represents consumers and businesses throughout the State of Florida in diminished value vehicle claims.  While you may consider filing a diminution in value claim on your own, our team of skilled diminished value lawyers can help you maximize your recovery using a quick and easy process.

We handle every claim on a contingency fee basis, so there is no fee or cost to you until we get you money.

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Diminished Value for Businesses

Man painting damaged car

Our firm has developed unique strategies involving diminished value claims for body shops, car dealerships, leasing and finance companies and vehicle fleet owners.  If you are an auto body professional we can show you how to create goodwill and make more money with your existing customers by serving as an expert witness in diminished value cases.  If you are a car dealership we can teach you how to increase your revenues dramatically when you are purchasing vehicles that have been involved in an accident.  We can also help leasing and finance companies, fleet owners and other businesses recover diminished value losses on the vehicles that they own.  In addition, businesses can also look back four years and recover losses due to diminished value.  Let us show you how.

Business FAQs

These are just a few of the questions businesses typically ask about our diminished value strategies:

  • What costs are involved? We offer free, no obligation confidential consultations to discuss our diminished value strategies with body shops, car dealerships, leasing companies and other auto businesses. Imagine hiring a law firm that does not charge you by the hour or require you to advance costs.  We have developed trade secrets that will give you a completely legal, competitive advantage over others in your industry to increase revenue dramatically based upon your existing business model.
  • Is there a way to increase my profits when purchasing cars that have been previously damaged in an accident? The answer to this question is “yes!” Our firm can show you how you may be able to generate an additional $3,000 to $5,000 per transaction for little to no cost for you.
  • How can I learn more about your diminished value strategies for businesses? We have prepared a white paper describing our transformative business strategies.  You will receive a copy of this paper when you schedule your confidential consultation.

Diminished Value for Consumers

Cars in fender bender

Many consumers have never heard of a diminished value claim.  If your car has been damaged in an accident you may have a diminution of value claim.  Let our firm help you get your money back.  The process is quick and easy and will not cost you anything unless we recover money for you.

Consumer FAQs

These are just a few of the questions consumers typically ask about diminished value claims:

  • If I am at fault for the accident can I still pursue a diminished value claim? In Florida if you are at fault for the accident you cannot submit a claim for your vehicle’s diminution in value.  However several other states, including Georgia, permit consumers who are at fault for the collision to get diminished value. Florida is a “pure comparative negligence” state so if both you and the other driver are both at fault, then you may be able to recover for the percentage or degree that the other driver contributed to your damages.
  • If my car is leased, can I file a diminished value claim? Unfortunately only the owner of the car can file a diminished value claim. Your leasing company may want money from you at the end of the lease for damage due to diminished value.  It is important to find out if the leasing company will want money from you at the end of your case because you may be able to do something about it if you hire an attorney. Ask us how.
  • If I sold my car can I still file a claim for diminished value? Even if you sold your car you may still be able to file a claim for loss in market value.  However, it is important to know that in Florida diminished value claims must be filed within four years from the date of the loss.
  • How long will the process take? In most cases we are able to secure recoveries for our clients within 30-60 days if not earlier.  Every case is different and timing generally depends upon the complexity of the claim and severity of the accident.

To learn more about diminished value claim services we encourage you to visit our online Info Center and download our Diminished Value E-book.

We Make the Recovery Process Quick and Simple

Our goal is to make your diminished value recovery as quick and simple as possible. We will help you through each step of the process from preparing and filing your initial claim to negotiating with the insurance carrier and filing a lawsuit when necessary. Once you provide the information requested on our intake form we will review your case to see if it meets our qualifications. You will also be able to check on the status of your claim at all times through our online case tracking system.

We are accomplished attorneys with more than 50 years of combined experience standing up to the insurance industry. Our lawyers have recovered $100 million for clients in our legal practices.

We are well recognized by insurance carriers and defense counsel in Florida and across the nation*. Members of our firm have received numerous honors and awards, including being AV-Rated by Martindale-Hubbell and selected for inclusion in both Super Lawyers and the Bar Register of Preeminent Lawyers. We are active members of local, state and national professional associations and are regularly called upon to present educational programs and seminars.

Don't settle for less. Call us to get your money back. Call 954-504-9303