If your vehicle has been damaged in an accident, you may be able to recover money for the diminished value of your car. DeGrado Halkovich, LLC, are pioneers in the area of diminished value litigation.
Diminution of value is a measure of monetary value lost by a car which was repaired after an accident. In many instances, even after a vehicle has been repaired, the market value can be substantially affected because the vehicle has been damaged in an accident. In NJ, the law allows for recovery against a third-party (person or entity who caused the accident) for the diminished value of your car even after the completion of repairs. In New Jersey, the statute of limitations to file a lawsuit for the diminished value caused to your vehicle is six (6) years from the date of the accident.
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It is the monetary value that your car loses despite being repaired after a collision. When your vehicle undergoes any accident-related repairs, it’s market value is not the same as the value of a “not crashed” car. The law permits you to file a claim for compensation against the person who caused the accident. In New Jersey you can file a claim within six years since the crash happened.
DeGrado Halkovich, LLC are pioneers in this specific area of law. We conduct an initial evaluation of each case and assess possible strategies to recover your money. We do it at no charge. We will have your car appraised after the repair process. We do not take any fee until we get the compensation for your car’s diminished value. It is a guarantee for you and a motivation for us.
If you were in an accident and would like to see if you’re eligible to file a claim, contact our attorneys’ today. Our diminished value lawyers’ have substantial experience within this are of law along with a strong history of achieving results on behalf of our clients’.
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and receipt or viewing does not constitute, an attorney-client relationship. The verdicts and settlements listed on this site are intended to be representative of cases handled by the DeGrado Halkovich LLC.
These listings are not a guarantee or prediction of the outcome of any other claims.