Diminished Value Denials: The Breakdown
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Diminished Value Denials: The Breakdown
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In this conversation, Jen and Justin from Petty Details discuss the complexities of diminished value claims in auto insurance. They explore common denials made by insurance companies, the legal implications of these denials, and the importance of understanding the appraisal process. The discussion emphasizes the need for clear communication and logical reasoning when dealing with insurance claims, as well as the necessity of having expert appraisals to support claims for diminished value.
Link to this article: https://diminishedvalueexpert.com/diminishedvalue/dvhottopics/invalid-diminished-value-claim-denial/
Chapters
00:00 Introduction to Diminished Value Claims
10:13 The Role of Expert Opinions in Diminished Value Claims
17:59 Repair Status and Its Impact on Diminished Value
23:28 Understanding Diminished Value Claims
29:23 The Impact of Multiple Losses
35:07 The Role of Carfax in Valuation