Monthly Archives: January 2018

What Is Diminished Value And How Does It Affect Car Insurance Claims

post thumbnail

When we purchase car insurance, we would expect to be totally covered for the damage sustained to our vehicle and be properly finance. Also, if a vehicle is totaled, we would expect to get enough money to buy a new one. Well, these things do not match the grim reality. The harsh truth is that the companies will reimburse you after they calculated the diminished value of the car. Find out more about what is

Posted in Auto Insurance, Finance, Insurance