good man. it took all this because state farm is unethical and they are not like a fucking good neighbor. they do it because few people are willing to go thru what you did and when they don't it directly adds to their bottom line.

Wow! For all that, they should have given you even more! That’s what I’m starting to think about mine. Mine happened on October 2nd, and I have had to deal with not only a report that is now on my carfax, but many phone calls during working hours to deal with this, multiple trips to the repair shop, multiple trips to the police station, trips to the post office, trips TO geico (missing even more work and costing me vacation time), mailing fees, and notary fees! Ugh. What a pain! Good for you for buckling down and making them see it you way as you were an innocent victim... like me.

Oh, I almost forgot, also the $300 I am out because I had to pay to get a professional appraisal done.

If someone vandalized ur car can you claim diminish value!.

@@longyoa2070 I'm not an expert, but my guess is no you can't. I don't believe vandalism shows up on a collision claim which would then be reported on a carfax like report and thus diminish the value of your car. But again, I'm no expert and can easily be wrong here.

Exactly! You hit the nail on the head.

Please let us know how it went?

How did it go? Going through the exact same thing

So how’d it go you ask? I went in there super prepared. In St Louis, they give the plaintiff only 5 minutes and the defendant 7, and finally the plaintiff 2 more minutes. So I had to shift on the fly. State Farm sent an attorney. He didn’t really dispute anything I said. Even told me good job. I won the judgment of 2700 bux. A couple hundred more to my favor than theirs. But here’s what I didn’t tell you. My appraiser baked their $425 feet into the $2975 appraisal. And when I went to court, I added a specific line item for $425. So really, i came out nicely. The judge, I believe, is inclined to come up with a judgement in the middle. And I think that’s State Farm’s strategy….to low ball ya into accepting their offer. In this case it cost ‘em though because if they didn’t FORCE me to hire an appraiser, I would have taken their offer.

@@KayakFishingAddict see my updated post. A lot of typing

@@DanielMartinez-ed1io see post above. Lots of typing

Thank you for your comment. Although I'm sorry you had to go through this, I'm glad that it worked out for you.

How did you get more than the appraisal?

I provided all the paperwork,defended my case with grace and the jury decided to award me more.

@@ukurikubohora wow you had a jury. That means a lawyer got 30%? Must have been a sizeable claim.

@@TwinFlameDivineLovePath It wasn’t bad…It felt good to defend myself against a lawyer and defeat her😂

Hi Sonny. Thank you for your kind words and insight. I can imagine why most people don't go to the lengths I did...the system is designed to make it difficult. Hopefully others will prevail at recovering their own loss in value due to an accident that wasn't their fault (diminished value) by watching this video.

I have questions about a diminish vaul claim. My car was parked a insured driver hit two of my cars parked in front of my house my total vaule for both cars was 15000 the insurance company telling me that she only have 10,000 damage claim what's the best thing you think I should do and can I file another claim for diminish vaule after I fix my car

Want to help me out on my diminished value claim? I can pay you.

@@donyeabeamon1553 thats means go file your own claim, u are not getting paid if you file 3rd party

not worrh it for 3k worth of trouble. insurance companies should also be honest

Thanks. I'm glad it helped you.

Congrats, I’m glad they finally paid!!!

Glad it was helpful! Now that is the lowest offer I've ever heard. They'd probably pay more in postage to get the check and paperwork to you than that.

Sounds StateFarm is generous. Geico offered me $0. Same here. Fighting.

@@NP-eb3lr anything new about your diminished value claim with Geico

@@davidbyrd5164 Yes, I hired an appraiser who walked me through the process. It turned out really well. They paid me what I asked for without going to the court. No negotiations. I had a brand new car (< 5000 mi).

Update ?

Very true. That's a lesson learned.. I'm glad it worked out in my case.

And they might not be so nice in a few weeks ,they might flip the story on you.. like the weasel did to me.

Thanks. I hope this video helps others see that they can do it too.

Wow Dossie. I'm sorry to see you go through this ordeal but I'm happy the video has helped in some small way. Sounds like SF knows you're going to win too as their offer is likely enticingly close. That said, keep your receipts on the expert witness (I imagine they're the one that wrote your report) and ask them what their record is in court against SF! Perhaps they'll agree to only charge you if you win the case. And if you win the case, you should be able to get those costs as part of the settlement...remember all expenses usually can be passed on to the loser if you ask for those in your filings in court. Please drop back by and tell us how the story ends!

Thanks J.

I like to know what he does for a living so patient and handle well and speech so clear. Amazing glad he got his money.

Sorry to hear you were in an accident, I hope you're ok. Yes, that's a decent sum of money. It will be interesting to see how they respond since both you and the other driver are both insured by them! Please let us know how it works out.

How did this ever play out? Did State Farm pay out the full diminished value or jerk you around?

Once I bought an amazing Volvo top of the line car that was with a salvage title, because the car was in a flood and had some undercarriage mechanical work done. I offered on the car telling the mechanic that it's a good price because of the title; then, he took my offer a few weeks later and it was an amazing car I had for several years. When I junked the car, the battery had lasted for almost the entire life of the car, so they don't make batteries like that anymore, too. Dark Blue Volve 760 - amazing!!!

I’m sorry to hear that, he was a nice man! Try the link in the description or first comment above. They give a free estimate and some assistance with the process. I hope you get your claim paid in full! Please comment once you’re through it and let all of us know how it went!

@@KayakFishingAddict John was able to provide a superior estimate before passing. Like you, John and I spent hours one the phone and he explained the nuance of DV claims and how to proceed. John also went into 17c (DV formula insurance companies use) and a history of DV. This man was a legend! After John passed, his longtime girlfriend called as she was clearing all of his accounts. John primarily did work for attorneys but took my "case" as I am in the military. She said I was the last personal case he took. I will definitely make a video about the process as I have dash-cam footage of the accident and copious correspondence. I will also include John's bio in the video. Also, there is some nuance for DV claims in Washington state. When I create my video, I will link your video as out of all of the DV videos on this platform ( and I have watched all of them), yours is clear, concise and straight to the point!

@@tmichael740 I’m glad you got to meet him. He really knew his profession and he was extremely helpful!

My pleasure! I'm glad it was helpful.

Sorry to hear you're going through this Dan. I hope it works out for you! I hope something here helps as you go through the process.

Tenacity for sure!

You're welcome. I'm glad this video helped you out.

I'm sorry to hear that Doug. I hope things turn out well for you. Be sure to post back on how it goes. You have a unique situation where you're insured by the same company as the other driver. It shouldn't matter though as unfortunately DV claims you need to file and fight on your own. I'd likely follow the same path you're on. Let us know how it goes.

Hello, interested to hear how things worked out? I am going through this as well. What was State Farm's reason for rejecting the professional appraiser report if you don't mind sharing?

@@sun_free They didn’t ever offer a reason. They were very unhelpful. I had to wait for the courts to reopen after covid and now I’m preparing to submit a complaint to the state insurance board on this issue.

@@DougForce Wow. Glad to hear you didn’t give up, they make it more difficult then it has to be so they don’t have to pay. Best wishes

Wow, I thought if you submit a claim they owe you a reply in writing with a reason by law. Also, please check the statute of limitations on DV claims in your state…they may just be running out the clock hoping you miss the designated timetable.

I'm glad it has helped you understand the process. I hope you're able to get your diminished value! The two claims are separate, so no worries there. In fact, in most states you have a year or two to make the diminished value claim....but I feel it's best to pursue it right away.

I'm glad the video helped although I'm sorry that you have to go through this. It's unfortunate that the insurance company doesn't share this information with everyone! Be sure to get your free estimate for diminished value - bit.ly/3oHzwnR and I hope you're able to get every dollar you're owed!

LOL, that's likely an accurate analysis.

Glad you did your homework! Getting that number wrong is suspect, but accidents do happen....no pun intended.

Just about to start the process with Progressive. They denied any liability so I'm gonna n for a fight.

Sorry to hear that, whatever happened? Did they eventually pay out your full ask?

@@KayakFishingAddict After a long fight they paid out $500 less than what I paid. Rather than their original offer which was Thousands less. The rep tried the classic line… It Lost value once it was drove off the lot. But then you see Bikes(Ducati’s) holding value and even selling above MSRP due to high demand and low stock.

@@robertserbin1 I’m glad it worked out in your favor!

Thanks! I appreciate your feedback.

I’m sorry to hear you’re going through this! Please come back and let us all know how it works out in your case!

Any update on this?

How did it work out for you?

How did it go?

Insurance company kidnapped him…

That's certainly something to consider and very likely the reason why the insurance companies say no to diminished value claims regularly. The more mysterious and laborious the process is, the more of a deterrent. The simple truth is that this should be a mandated payment with a specified and fair calculation. After all, we use KBB values for trade ins and private sales, thus a standard value guide does exist. No one should have to go to court for what they're owed for a vehicle property claim. But alas, these days, things aren't setup with fair restitutions in mind.

@@KayakFishingAddict It's the perennial M. O. (maybe the 'Eternal M. O.) of the powerful vs. The Individual.., think I earned a beer with that one...

Thanks for the confirmation.

I'm glad it was helpful. You can use the link in the description to get a free estimate on how much you can expect.

You're welcome. I'm happy to do it.

Glad you enjoyed it! And yes, it's about the bottom line at least as much as it's about making the insured whole.

Thanks. I’m surprised that Canada doesn’t have something similar!

Thank you for your very kind words. I'm glad the video is helpful. As to your questions, you definitely need a report of some kind where the diminished value is properly calculated with the right data. You don't need an expert for this, however, when I did my research I found out that I could hire an expert for a reasonable fee that would not only do the report but also be willing to testify in court. I'm glad I did; but let me unpack my thinking as to why. Although I think the entire industry should be changed to protect those that experience loss; at the moment, and in all probability, most of us will have to appear in court, or at least threaten to appear in court, in order to receive due compensation. Knowing this, and the fact that I could also ask for the expert's fees as part of the settlement, I was willing to risk paying his fees out of pocket in order to have him on my team. I just imagined me going to court, representing myself, and also testifying as to my calculations of diminished value while at the same time questioning "their" expert on diminished value and his likely much lower calculation. I thought it would be easy for the insurance company lawyer to somehow trip me up on some calculation and/or show that I wasn't an expert and consequently have the case thrown out on a technicality. That's not to say that someone else couldn't effectively do that, I just felt in my situation that I shouldn't. Perhaps if I had worked in the auto industry in car sales or a similar position, I might have felt better computing the diminished value myself. Interestingly, I felt very comfortable not hiring a lawyer as I was confident that I could stand before a judge and question witnesses. After all, I had the truth and justice on my side and I felt the judge would assist me as it was small claims court. As for the report being sufficient on its own, unfortunately the way the legal system is setup it isn't. The industry could make this much easier by making this more of a science rather than an art by specifying a fair formula for computing value (e.g. a car has a life expectancy of x years, and thus it depreciates 1/x per year, etc. ....easier said than done)...until something like that occurs, the court cases boil down to a battle of the experts. Because an expert has to defend his/her computations and philosophy and even the fact that s/he is an expert, they need to appear in court.

Kayak Fishing Addict I absolutely agree. I have ordered an appraisal by a certified appraiser here in Georgia and will use the certified report as well as the police report showing the other party fully liable as leverage for my claim. My hope is that I don’t have to sue in small claims court...but I will if I have to. I’ve sued insurance companies in the past and gotten a favorable judgment so I’m not adverse to it...I just know it’s work so hopefully I’ll be able to avoid it.

@@ELBarbarro Ah, so you're in Georgia. That adds one element that you should truly come up to speed on. There was a ruling the industry terms "17c" in Georgia. Google that and make sure you know how to defend against the insurance company trying to use that formula to determine your diminished value. Some try to apply that outside of Georgia as well, but it doesn't apply.

@@ELBarbarro how did this work out for you

You're welcome.....although I'm not sure about the analogy :).

I'm glad it was helpful but I'm sorry to hear that you've got to go through this. Please come back and let us know how it works out!

@@KayakFishingAddict Oh, on my Porsche I ended up getting 90% of the appraisal of DV, but it came at the point where I told them I was going to sue their client. I am actually now having to do this with state farm on my wife's car that got backed into the week we were going to trade in. Sadly, it repair is 68% of TV and going to be a month and half til it can get into a shop before they determine total loss or fix.

@@frostshock13 Congrats on the DV claim on your porche. You're the only one I know who's gone through this a second time.... at least you've got the experience :).

Thanks. And unfortunately I think you're right.

Well it may have had to do with that but it’s all dollars signs to SF. I mean down to the penny! It’s very important to keep in mind the facts. Fact: They tried to get away without paying something that was truly owed. That’s fraud really! Think about it! It is. Fact: It’s not like they ever wanted to pay it. They just denied it! The proof is when the Claim Rep came back with the “ $1500 Please go away offer.” They probably did a review on their insured. How much she has paid in premium and how much they have paid out in Claims and didn’t want to be in the red. Even if some of those claims weren’t her fault. Say uninsured motorists, hail, etc. it all comes down to profit and loss! Even though this claim wasn’t a large amount it doesn’t matter! See if they can get away country wide without paying claims of this type and amount, just think, that’s a lot of money right. Think about all the states, cities, all within those states and all the DV claims. Shoot just look at the comments section . That’s quite a few for the number of comments. Just think if they get away with not paying , we will go low, 10,000 of those that are $3500. That’s a nice little hunk of change . 10,000 is really really low balling it! But the disheartening thing is it wasn’t something that should have been in the category of “It’s negotiable” because if they truly felt that it was not something they owed the $1500 would have never ever been offered! Which makes their letter of denial .. what? A lie!!! It was an Out right lie!!! Otherwise they would have put the $1500 offer in the letter instead of outright denying it! The fact was they were seeing if he would just go away. Three D’s Deny, Delay, Defend Now in this case it seems like they may have skipped the delay part but I don’t know how long it actually took to get it settled. The first two are to wear people out! But like I mentioned before, I think, this wasn’t a big money case. That’s not to diminish the importance at all but… If this case would have been for a larger amount on any type of claim… there’s no way they would have given up so easy . UNLESS… they just know there aren’t any loop holes that their very large group of attorneys could find that would stick!! But if there is… it’s on and they will deny, delay, delay, delay and until they can’t delay any longer! Doesn’t even matter if it’s their own insured they are raking over the coals!!! Just research Uninsured/Underinsured claims with them. Keep in mind these are additional coverages that insureds pay for. They are not mandatory unless your lien holder requires it. Which of course they do. But regardless, especially the Underinsured part your paying for that extra coverage . It’s not part of a standard auto policy! It’s not something that is legally mandated by law that you have to have In order to be in compliance while driving your vehicle! But yet , If you were to research , you would see just how many people have to fight in court to get paid. One lawyer I came upon , I think it was in Mississippi, pretty sure it was Mississippi, he makes his living pretty much on just those types of cases and wins most of them!!

That's probably the one thing I missed, however, my guess is that would likely have been another struggle. I like to learn so I just count that piece of it as a learning experience. Besides, I can share the knowledge and give back via videos like this :).

I am facing this issue with State Farm. I havent gotten to the small claims yet, but will be coming shortly after i get an attorney send a demand letter (thru my legal plan at least that is free of service). But i do have another small claims case with my son's daycare. I asked this question to my lawyer. She stated your time lost has to be proved in terms of cost. Did you take time off work and lost money due to this? or did this after work hours. I'm a salaried worker so my employer will lend me time for appointments. She said all expenses you incur can be proven, but not time. This is why all business prefer this to go to small claims. What do they have to pay? what they actually owe you PLUS couple hundred more for court cost, summons, mailing fees, etc. They will take this gamble or the fact you will give up.

@@mustafamotiwala2331 "Your time lost has to be proved in terms of cost." -- thanks, that's insightful.

Sorry to hear that you've got to go through this Brandon. But I hope the video is helpful on your journey. I imagine a Tesla will garner quite a bit in diminished value.

I recently bumped my M3 as well :( Thinking to file a DV claim, I wonder why in Georgia it doesn't matter who's at fault? In Michigan, we have a no-fault policy, is it the same in Georgia?

@@fei-li Georgia is not a no-fault state. I was told there were some class action lawsuits in Georgia about DV claims and that may have something to do with it. I ended up only getting about $1k on a $16k repair. Since it was my fault I can't take anyone to small claims court though.

BTW, sorry to hear that! It's a terrible feeling. I didn't have my car for 2 and a half months.

Brandon Parrish thank you for the info!

Sorry to hear that Alex. Please come back and let us know how it works out for you! And don't forget to get your free estimate from the link in the description.

I'm glad it was helpful. Thanks for your kind words.

I hope it works out for you Hassan

You are welcome! I hope it helped. Enjoy!

Thanks for your kind words.

Thanks for sharing! It's a business, so like most, owners/shareholders are at the top of the food chain where customers/clients should be.

Sorry to hear you’re in this situation. I hope it works out for you.

Sorry to hear you're entangled in something like this. Glad you found it helpful.

Thanks for your kind words.

Sorry to hear about your accident. I hope this video helps you with your claim.

Joseph Jones any update?

Just starting. Any update with yours? I hear Statefarm can be a hassle

Update?

You're welcome, thanks for watching it. I'm sorry to hear you're going through this but I hope it turns out well for you.

I do have one question, while you were making sure you got what was owed to you for diminished value did you use one of the online tools to see if it was almost on point with what your adjuster quoted. Reason I'm asking is I'm trying to debate if I should hire my own appraiser. The amount the insurance quoted me was almost on point with one of the online diminished value calculators. Anyways thank you for your time in reading this

@@mannyrodriguez4864 I did not. I hired John and he gave me the number. That said, it couldn't hurt to find one of those calculators online. I'd just be a bit skeptical as to who created the calculator...e.g. was it one of those insurance companies or a related company?

I'm sorry to hear you need it but I'm glad it's helpful/precious to you. Thanks for the comment!

Glad it was helpful! Thanks for your kind words.

Thanks. I hope hearing my experience helps you. Sorry to hear that you're going through the same thing though!

@Rick Peterson - I'm sorry to hear that you're going through this! It's not fun. Did they ever give you an answer on their $2K offer? As far as where you file a suit, check the jurisdiction requirements...my guess is that you're right and that you'd have to file suit in the state where the accident occurred, but you never know unless you check. Definitely keep records if you need to travel back and forth! You've got the right idea there. And don't forget, you can reach out to an attorney in that jurisdiction and see how much they'd charge you or if adding their charges into the suit as expenses is possible. That could save you some travel back and forth.

I'm sorry to hear that you've been impacted by this Linda. It is draining. I encourage you to get the free estimate first. That will give you a $ figure that you can hope to get back. If that figure isn't worth the effort then perhaps just take it as a loss. If it is, you'll have the motivation to go after what is yours. At a minimum, you can write a demand letter with that dollar amount and submit it as there's always a slim chance that the insurance company won't reject it and will at least pay you something. That said, please realize, the fact that most people won't want to expend the effort is one of the reasons the insurance company plays the game of rejecting most all demand letters on their face. It shouldn't be this difficult, there should be a 3rd party accessor that figures the value of your car and the insurance company should be required to pay that value as well as fix your car in these situations. But alas that's not the way the system is setup. Again, I'm sorry that you have to go through this.

@Kayak Fishing Addict I appreciate your effort to even respond. I'm in Orlando Florida and this has been back and forth since Halloween 2022 I'm moving forward

@@KayakFishingAddict they have to pay. 😊 I will keep you posted.

I'm sorry to hear that you were in an accident Erick! It's a good thing you took down the plates. Drop back and let us know how things turned out!

@@KayakFishingAddict what's going on with your Insurance.

@@jcarlosmadrigal Hi Carlos. I think you meant to ask that of Erick. You'll need to reply to his comment instead of mine so that it will send him that question. I'd love to know how it's working out for him too!

Good question! The one thing in our court is that we get to choose the company that fixes our car. The repair shop works for you, not the insurance company, and thus they need to be upfront about your repairs. You can ask them directly before your car is repaired, what parts they plan on using. Remember, they want to use quality parts because they are on the hook for warranty fixes, not the insurance company. So if you're not happy with their repairs, it comes out of their pocket. Typically the repair shop will quote new parts, it's the insurance company adjustor which prices out used or generic parts. The adjustor sets the price and the repair shop is almost forced to do the job for that price. They can push back and object, but the insurance adjustor has the final say on what the insurance company will pay them. To make things even more shady, many times the insurance companies invest in and/or own the salvage depot (always under a different corporation) that collects parts from totaled vehicles. Their adjustors look in that system for a part, quote the price of that used part to the repair shop, and they can even put a hold on it for them to order if there's low inventory. So in essence, they try to force the repair shop to use used parts that they control the pricing for and rolls back up to their investors. Interesting business heh!

Oh, and whether you should fight for new parts or not is really up to you. I can see it both ways, but in my case I wanted new because of a conversation I had with the shop manager who was concerned about the quality of a used door that had been in a crash. Oh, and don't forget, you can ask the insurance company for the VIN number of the car that originally had a given part. When I did that, the part came from a car several years older than mine. So I didn't think that was "equivalent" which is what the insurance company is supposed to guarantee based on the governing law.

Hi Brian, thanks. I'm sorry you have to go through this. I don't do FB, sorry. To answer your question though, I had to sue the insured, I didn't have a choice. It was and still is my understanding that I had to sue the person who was at fault. The insurance company didn't hit my car, the person did. However, I "do catch [your] drift", and like you, I try to do my best to avoid people getting upset, so I communicated with the folks I was going to sue ahead of time. Unfortunately, they still got upset, but I felt comfortable that at least I did my best to avoid it. I let them know that all they had to do was turn the paperwork they would get served with over to their insurance company. I hope it goes well for you. You may want to check with a lawyer in your area to see whether the custom/requirement there is to sue the individual or the insurance company.

Kayak Fishing Addict Great! Thank you!

Hi Tom. Thanks for your kind words. I'm glad this video helped you. I hope you get your diminished value.

Hey Tom I as worried did everything work out with Esurance because I’m about to do the same

I'm sorry to hear about your accident. At least you have experience with small claims court that you can leverage! I don't have the information you're requesting as it was quite some time ago. Although you seem to have the appraisal already, the best I can do is share the link to the nationwide provider that gives the appraisal because they have a guarantee and do offer the assistance you seek. You can get the free estimate which will let you know how close your $7145 number is to theirs and ask them about the process and the letter format - bit.ly/3oHzwnR (affiliate). Either way, please drop back by and let us know how it went and if you were successful at getting your diminished value!

Sorry this happened to you. It’s certainly not fun. My damage was about $3K-$5K in damage. I would suggest you get an estimate and make a determination based on that. Remember, if the car fax shows an accident, especially if there’s frame damage, you will have diminished value when you try to sell or trade in your car. That’s what you’re due by the insurance company, whether you decide to sell it later or not.

@@KayakFishingAddict, thank you for the reply. It’s unclear if there was frame damage. The dealership guy I talked to did mention that. But he said if it was just the door replacement, he wouldn’t consider it enough damage to lower the value. I think he just didn’t want to do any work though and trying to blow me off…

@@asheler1 Sounds fishy to me. If the accident is reported it will likely show up on a carfax which means you’ll have diminished value. You can try the affiliate link in the description or in the pinned comment for a free estimate.

Forgot to mention. I believe the repair shop's work may trigger the VIN of the vehicle to be tagged with the repair/accident information. That will figure in if there was "structural" damage or not. The diminished value estimators will likely want that report to accurately compute your diminished value.

Thanks. And yes, it included $295 for the diminished value report itself. So essentially, I got my full ask plus 100% of all my expenses, sans my time of course.

Thanks, looks like I need to do the same.

@@Megalodon1 Sorry to hear that but happy this video can help you out! Let me know how it goes for you!

So true!

Thanks for your feedback and I hope you're able to get your full DV claim! Please drop a comment here when it's all over and let us know how it went!

Thanks. It's hard to imagine why the insurance companies don't even tell you about the first $1500, so most people don't receive any payment at all!

Insurance companies scam people daily. So glad you were persistent! I am going through a similar situation with 17k worth of repairs and they are telling me no diminished value. I will NOT stop or back down!!!!!

You're welcome Gary. I do hope that you're able to get a good settlement and I hope in addition that you get what you deserve for your separate diminished value claim! It's not easy but you can do it. If you haven't gotten your free diminished value estimate make sure you at least do that so that you can know the number to expect. You can get that here - bit.ly/3oHzwnR

Hi Terry. Thanks, I hope it's helpful to you although I'm sorry you're going through this. Please let us all know how it turns out!

Sorry to hear about the accident. I love that feature in the Tesla's, it comes in very handy when accidents happen. That's a funny response you got from the insurance companies... my guess is that the customer service representative has never heard of them. A simple google search for "Illinois Diminished Value" shows pages of results...so someone there certainly has heard of them. Please let us know how things turn out and don't forget to get your free estimate using the link in the description! Yours is an interesting case as Tesla's have appreciated in value recently due to the backlog of orders. You also might benefit if a rebate is approved in the coming weeks.

@@KayakFishingAddict First of all, this was a great video!!! The car is 1 year old with 13k on it. I actually have another MY on order…was going to sell the car that got hit because I could (have) gotten more than I paid for it. Thanks for your help! Happy New Year. Stay healthy.

@@JJ-jc6kt Thanks. I'm glad you enjoyed it and I hope it helps you.

Hi Benny. Thanks for your comments and well wishes. I hope the video helps in your diminished value journey.

Hi Robert. I'm sorry that you have to go through this. Come back and let us know how things work out for you! Oh, and the appraiser I discussed in the video has passed away. You can use the one I've linked to in the description and in the first comment though. They give you a free estimate so that you can see if it's worth your time to collect that amount of DV. If you want to you can then decide to purchase the official appraisal from them.

The customer needs to be the priority. Good customer service is hard to come by. Poor customer service can have long term impact! Thx for sharing your experience.

Thanks for your insight. I only wish they did so for the right reason, covering the loss; and without having to play the game.

I'm sorry to hear about your accident. I hope things work out for you. Be sure to drop a comment and let us all know how it works out.

Wow. what a struggle. Sorry to hear that.

Appreciate that, thanks!

Thanks, I’m glad I did too. I somewhat agree with you and that’s why a standard and fair calculation of the value would be best. However, the insurance industry seemingly prefers that there isn’t one….thus we must rely on expert opinions. Interestingly though, many of these experts have long worked at car auctions and understand what a used car is worth to a dealer….both before and after an accident. Thus there is some scientific method to their estimates.

I'm sorry to hear you were hit. I hope you're ok. That is awkward! Drop back and let us know how things turned out!

@@KayakFishingAddict Checking back in with how my claim went. State farm decided to total my motorcycle since the frame was bent and to get it repaired would exceed the cost. Back in 2017 I paid $5900 for the bike. SF offered me $6700 so I took the money. I had it in my garage for a few days and took off all my aftermarket performance parts and put the stock parts back on. I sold those for an extra $400. SF came and hauled off the bike. I bought a better bike for $6800. I still have my injury clain ongoing as my lower back is messed up with 2 herniated discs.

@@atxjax1 Sorry to hear about the injuries. You did well on the bike and since it was totaled and insurance paid out the full value then there's no diminished value. I hope your back heals! Thanks for sharing your experience.

Sorry to hear that. Be sure to grab your free diminished value report to see if it's even worth it to consider that path. Of course, that will only be valid if the car is not totaled. Either way they'll likely fight you tooth and nail since it seems it's on the border of being totaled in their minds. It's all a math calculation to them; it's called minimum payout.

I think you’re right!

Glad it was helpful!

Wow, I'm sorry to hear that. At least the before accident value of your car should be easy to compute! Please let us know how it went and what you had to go through in order to get your diminished value! You've got an interesting case as your car truly was brand new at the time of the accident.

True!

Thank you Gareth.

Hi Joey. I'm glad it was helpful and I hope you get the entire value! My guess is you will get a standard form rejection letter, but let's hope you get a check for the full asking value instead! BTW, If you're interested, you can compare your diminished value report value with the estimate you get from here to see if they're in the same ballpark: bit.ly/3oHzwnR

Well, they actually offered a good settlement. Claim filed wednesday, and settlement on friday. I asked for 2745 (2540 dv + 205 report fee). They offered 2500 to just settle and end it. I felt this was fair since it was right below the diminished value and the report fee didn't seem worth legal issues.

@@shakey1075 Congrats and thanks for sharing.

@@shakey1075 what type of vehicle do you have? And did the current disarray of the car market effect anything?

@@andreaharris6103 The claim was on a 2020 Chevy Colorado. Not sure how much the current market affected it, but I know the biggest factor was the Carfax damage reported. The Carfax said “minor” damage, so that’s what the diminished value was based on.

Thanks for your kind words and I agree with your assessment...it is a shame that they don't even tell people about it. It should be required.

A required payout would mean higher premiums for sure, though.

I’m glad the video gave you some inspiration. Please do drop back by and let us know how things worked out!

Sorry to hear you're going through this but I'm happy this video is helping you out. Let's just say that I know how you feel. I hope the video will help you get your full diminished value payment!

@@KayakFishingAddict Thank you so much, I am in the middle of it still, I will update you, I learned how to from YOU, thank you, thank you

@@julieelle1682 You're very welcome. I hope it works out for you.

I'm sorry to hear about your accident but I'm glad the video helped you out. Please let us know how it turns out for you!

Thanks. I'm glad it was helpful. Please return and let us know how things turn out for you!

Glad this was helpful to you and I'm sorry that you're going through it. You can email me from the about page of the channel.

I'm glad it helped.

Sorry to hear you were in an accident. I hope this video helps you collect what you're owed in diminished value! Be sure to get your free estimate, link in the description.

Hope it works out for you. My guess is that they'll make you jump through the same hoops. Be sure to get your free estimate first (see link in description) to ensure it's worth the hassle!

Thanks. I agree. Hopefully this video will make the work less taxing on everyone.

Sorry to hear that. Thanks for sharing.

I did spend a lot of time. I hope there's not a next time but if so I will factor that in. The bright side is that I got a free education by going through the process and hopefully I'm helping others via this documentary of sorts!

Thanks.

Aint they in Chicago? And would they take on a small fender bender?

@@carlosarroyo6722 They work nationwide. You'll have to ask them about what they can do for you, but the estimate is free and it should give you a ballpark on what you can expect.

Totally agree. Thanks for the analysis Sheriff! Unfortunately just getting served and having their name on a lawsuit was enough to send their client up a wall. I shared with their client that they should be upset with their insurance company, State Farm, for putting them through this. Your reply confirms that because if State Farm really is thinking this way, they put their bottom line above their client’s well being!

Sounds like their standard operating procedure. I hope this video helps you get what you're owed.

True

Thanks Misty.