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Geico Diminished Value Claim

AC
Auto Claim Consultants
March 6, 2023 · 2 min read
Geico Diminished Value Claim

TL;DR

  • - Act quickly—Arizona’s two-year statute of limitations was nearly expired, so file diminished value claims before the deadline.
  • - If your car was repaired after a no-fault crash, you may recover diminished value; we submitted a detailed report and Geico agreed to pay $4,354.87 for a vehicle with $6,200 in repairs.
  • - Use a trustworthy personal injury attorney to raise diminished value and hire an independent appraiser to prepare a supporting report.

A client in Phoenix was referred to us by her personal injury attorney. She was involved in an accident that was no fault of her own nearly two years ago. She had the car repaired and the total cost was $6,200.00. Her attorney told her about diminished value and to give us a call.
We worked quickly as we were nearing Arizona’s 2 year statute of limitations. We presented our detailed diminished value claim report to Geico and they quickly agreed that the vehicle lost $4,354.87 in value due to the accident. A trustworthy attorney will not only help with personal injuries but also make sure property damages issues, including diminished value are addressed.

See more information on diminished value claims https://autoclaimconsultants.com/diminished-value-info/

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