FAQ: How is diminished value of my car calculated? How do you prove diminished value?
It is difficult to prove exact diminished value for any one vehicle because placing a value on the vehicle will be a subjective assessment made by different individuals. The most effective way to calculate diminished value is to hire an expert specializing in this field. This is usually an expert in car pricing, local market
Read MoreFAQ: How do I claim diminished value of my car after an accident?
If your vehicle was damaged in a collision caused by another driver, and you believe it has lost market value due to being in the collision, then you may present a diminished value claim to the at fault insurance company. Whether it will be paid or not is a different story.
Read MoreFAQ: How long does it take to settle a diminished value claim?
The time it takes to settle a diminished value claim in Texas depends on numerous factors. These may include the insurance company involved, how much evidence is needed to prove the diminished value, the extent of the repairs and/or re-repairs, etc. Sometimes a diminished value expert must be hired (usually on more expensive cars) to
Read MoreFAQ: Do Insurance companies pay diminished value?
A variety of factors will determine whether an insurance company will pay diminished value on a property damage claim in Texas. The age and condition of the vehicle, the make, model and year of the vehicle, the damages that were repaired and the insurance company involved will all factor in to whether a diminished value
Read MoreFAQ: Does Texas allow Diminished value claims?
Yes, in some instances Texas does allow an individual that DID NOT cause the car accident to make a diminished value claim for the loss of market value to their vehicle after it is repaired. This does not mean every vehicle will qualify. For example, a very old car may not have suffered any diminished
Read MoreFAQ: What should I do if I’m injured at work?
If you are injured at work, call a lawyer. The first thing you should do after receiving your initial medical care is contact an experienced injury lawyer. They can advise you on your legal rights and discuss your possible case with you. If there is a case to pursue, the attorney can send out vital
Read MoreFAQ: What the heck is a “contingent fee”?
What Is A Contingent Fee? A contingent fee is a type of fee that is contingent on success (whether or not you win your case at trial or settle out of court) This means that if a personal injury lawyer is successful in getting you money on your case, they get paid their legal fees.
Read MoreFAQ: What is a “catastrophic injury”?
A catastrophic injury can come in many forms, but essentially is a term applied to any sort of injury that is incapacitation or life changing. This can be a head injury, a neck or back injury that requires surgery, or any other type of injury that simply alters the day to day life of the
Read MoreFAQ: How can I pay for my medical bills while the suit is pending?
There is a variety of ways to pay for your medical bills while a suit is pending. You can use your health insurance plan or you can pay them out of pocket. Sometimes, money is tight after a collision and clients do not have any money to pay their bills. If this is the case,
Read MoreFAQ: The person that caused my car wreck does not have insurance. What should I do?
If you are injured in a car wreck by a driver with no auto insurance, you have several options. First, you should contact a lawyer right away; they will be able to provide you with the best possible options, a few of them being, contacting your own insurance company to inquire whether or not you
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