Each state has its own statute of limitations for diminished value claims. A statute of limitations requires a claim to be settled, or lawsuit initiated within a certain period of time. Even if your vehicle is repaired after an auto accident, it can never be restored to its pre-accident condition....
What is Diminished Value?
1. What is diminished value"? Diminished value (DV) is the amount of value a vehicle loses after being involved in an accident. (more…)