Your Car’s After-impact Diminished Value

The (ACV)Actual Cash Value Policy does not insure the property, but only the VALUE.

Let’s suppose that the insurance company decides to “Repair” insureds damaged property as per their contract. However, this does not relieve them from their contractual obligation to restore the Pre-Loss value of the motor vehicle.

In cash, policyholders should present the motor vehicle’s Pre-Loss Value to them in any way they can. Failure to do so will be considered fraud. (AND YET) They will NOT restore the car’s Pre-Loss value and they will laugh at your “Foolishness” when you ask for cash.

All too often, items are repaired incorrectly or left unattended.

These are all common repair items.

If a vehicle is not restored to its pre-accident value, function, appearance, safety and value, “Diminished Valuation” is clearly due. QUESTION: “How frequently is this done?” ANSWER : “If they can get away – – Never!”


#1. #1. In many cases, it is mandatory that prospective buyers are informed about any previous damage. QUESTION: “Is it mandatory that a potential buyer be informed that the motor vehicle was involved in an accident?” ANSWER: “NO!”

#2. #2. Also, the use of imitation replacement parts. QUESTION: “Was ANYBODY made aware of this?” ANSWER : “No Dan Baldyga was in Insurance Claims for 35 Years, and I have never known anyone who was warned about that!”

#3. #3. QUESTION: “Is it the insured or the person about to purchase that car?” ANSWER : “You have to be kidding!”

Even the most sophisticated auto repair shops don’t have the technology they need and are unable to afford it. This is a clear case that your car will not be returned in the same condition it was on the assembly line.

It is a fact that if a potential buyer finds out that the motor vehicle they are about to purchase has been in an accident, it will be less valuable. Every motor vehicle that has been damaged will have an inherent “Diminished Value” which could lead to a loss for the buyer. The insurer is responsible for this loss due to the alleged promise they made to their insured.

PLUS, MANY OTHER “REPAIR PROBLEMS” ARE AVAILABLE. The following 4 are the most likely to boil and boil under the surface.

#1. The majority of consumers don’t know the type of parts they are buying. Most people assume that their vehicle will be restored to pre-crash condition.

#2. #2.

#3. There are three types of fenders: “Fit Problems” and “Fit Problems”. Some require shims or widening of the holes. Some don’t fit the contour of your car and will require extensive reworking.

#4. #4.

DISCLAIMER. This article, “YOUR CARS AFFECT DIMINISHED VALUE”, is intended to assist people in understanding the motor vehicle accident claim process. Dan Baldyga does not make any guarantees of any kind. He is not a substitute for an attorney, insurance adjuster, claims adjuster or any other professional. If professional assistance is required, IT IS THE INDIVIDUAL’S RESPONSIBILITY TO Obtain Such Services.