We offer a service that allows our clients to claim diminution damages, this being the loss in value of their motor vehicle having being damaged and subsequently repaired following a road traffic accident..
What is Diminution?
Diminution is the loss in value of a motor vehicle in the marketplace after it has been involved in a road traffic accident.
This loss is down the fact that a vehicle inherits an accident history and applies even where repairs have been carried out to a high standard.
Two identical vehicles are offered for sale. One has been previously damaged in a motor accident and then repaired. The other has not.
A purchaser would not pay the same price for an accident damaged vehicle and would expect a price reduction before being induced in to purchasing the accident damaged vehicle.
It is this reduction in price that we will claim back.
How much is my Diminution Claim?
Each case is assessed on its own merit and the value of each diminution claim varies depending upon a range of factors including the vehicle age, type and extent of damage.
However, the greater the extent of the damage and the younger the vehicle, the more a vehicle will lose value. The level of loss will decrease proportionately as the extent of damage on a vehicle becomes less, up until no loss occurring where cosmetic damage has occurred.
Free Diminution Consultation
We provide a free service to establish if your motor car has lost value and we provide initial advice on the prospects of you making a diminution claim. To claim diminution, complete our online form and we’ll get back to you as soon as possible.
How Does It Work?
The aim of our Diminution Claims Service is to enable you to recover damages for the loss in value of your motor vehicle.
We can advise you free of charge if you can claim diminution and if your case has a good prospect of success.
If we believe your case is likely to succeed, we supply our Diminution Claims Service by charging you an agreed percentage of your damages payable. Our fee only becomes payable on successful outcome of your case*.
What do I need to do to claim diminution?
Making a claim for diminution really easy and we co-ordinate all aspects of your diminution claim for you.
If you want to use our Diminution Claims Service, we will ask you to do the following:
Sign our terms and conditions.
Allow our appointed independent engineer to inspect your vehicle at your convenience.
Co-operate with us throughout your case and provide any information we may need.
You can track your case online using our online My Case service and we are always happy to provide an update to you.
If you have not already contacted us, please contact us.