GuideOne calculates your diminished value based on the formula listed below. Your completed settlement recap is enclosed. Diminished Value Formula Given the problems with using estimates, or agreed costs to repair, as well as the inadequate reporting of mileage, our formula will use modifiers for each of these
The Difference in Value between a Wrecked and Repaired Vehicle and One that’s Never Been Wrecked. By Diminished Value of Georgia. The value of an automobile naturally depreciates over time and use. However when an accident occurs, a car suffers from diminished value, as the estimated worth of the
Would you rather collect 80% of an accurate appraisal or 20% of an inflated one?
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