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Top Ten Insurance Company Responses

Insurance companies typically refuse to admit they are responsible for paying you for the loss of value to your vehicle. And if they do offer to pay any money, it is usually a nominal amount that doesn’t begin to compensate you for the true loss of value to your vehicle.

Insurance companies typically refuse to admit they are responsible for paying you for the loss of value to your vehicle. And if they do offer to pay any money, it is usually a nominal amount that doesn’t begin to compensate you for the true loss of value to your vehicle.

  1. There is no such thing as diminished value
  2. The insurance company is only responsible for repairing the vehicle, not for any loss in value
  3. The vehicle did not lose any value because it was properly repaired and has been restored toit’s pre-accident condition
  4. The repairs were poorly made and diminished value cannot be considered until the vehicle is properly fixed
  5. Your vehicle doesn’t qualify for diminished value because there wasn’t enough damage
  6. Your vehicle doesn’t qualify for diminished value because there was no frame damage
  7. There is no diminished value because the vehicle has been involved in another accident
  8. The vehicle is too old and wasn’t worth much to begin with
  9. You do not suffer a loss until you actually sell the vehicle
  10. Your claim has not been properly supported or proven

DON’T BELIEVE WHAT THE INSURANCE COMPANIES TELL YOU.

The insurance companies will tell you these things to frustrate you and to scare you away. That is why you should have an experienced diminished value attorney representing you. Know your legal rights…call The Collision Law Center !

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