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  2. Diminished value - Wikipedia

    en.wikipedia.org/wiki/Diminished_value

    Unlike depreciation, which is an anticipated and predictable loss in value over time, ‘Inherent Diminished Value’ is a loss in value due to a specific, sudden and unexpected negative occurrence. Diminished value of an automobile following an accident may occur in one of two ways (or a combination thereof): (1) Inherent diminished value

  3. How to file a diminished value claim - AOL

    www.aol.com/finance/file-diminished-value-claim...

    Based on this example, an auto insurer would pay out a maximum of $1,500 for a diminished value claim on this vehicle. However, based on the damage and mileage, the final calculated estimate for a ...

  4. Diminution in value - Wikipedia

    en.wikipedia.org/wiki/Diminution_in_value

    After car accidents, the right to claim diminution in value depends on the country or state [2] and who is at fault. [3]Major car rental companies do charge their renters for diminished value after accidents, unless the renter pays for a Damage waiver (Avis, [4] Budget, [5] National, [6] Thrifty [7]).

  5. Total loss - Wikipedia

    en.wikipedia.org/wiki/Total_loss

    Once a vehicle has been written off and repaired the vehicle may still lose value. Diminished value is the reduction in a vehicle's market value occurring after a vehicle is wrecked and repaired, otherwise called accelerated depreciation. To collect diminished value after a car accident, insurance companies usually ask for a diminished value ...

  6. What to do after a hit and run in Tennessee - AOL

    www.aol.com/finance/hit-run-tennessee-160008016.html

    The average cost of full coverage car insurance in the state of Tennessee is $1,429 per year. For minimum coverage in Tennessee, the average rate is $371 per year. For minimum coverage in ...

  7. What is the actual cash value of my car? - AOL

    www.aol.com/finance/actual-cash-value-car...

    Dealer retail value: A dealer retail value is the price a dealer will sell your car for after any repairs or modifications have been made. This value will also include a profit margin for the dealer.

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