Diminished value is the difference between your car’s value before an accident and after, even if it’s repaired. Filing for a diminished claim may help you earn back some of your car’s lost market ...

A brand-new car has a high market value at the time of purchase. It may lose value once you drive it off the showroom. Your car's value may decrease as it ages and has more miles driven on it. Even if ...

Q: My leased car had only 900 miles on it when it suffered damage in excess of $13,000 in an accident that was the other driver’s fault. His insurance company paid for the repairs but has refused my ...

A Durham driver was frustrated because of an insurance claim. Everlene Turrentine was in a car accident that was not her fault and caused more than $20,000 worth of damage to her car. While the ...

Auto insurers are often asked by their insureds and third-party claimants to pay for what are known as “diminished value” damages in connection with car accidents. Generally speaking, “diminished ...

Maryland drivers who get into accidents with uninsured drivers, or whose vehicles are damaged in a hit-and-run accident, can now recoup their repaired vehicle’s loss in value from their own insurance ...