How Can You Recover More in Your Property Damage Claim After a Car Accident?

Being involved in an auto accident can be a harrowing experience, and dealing with the aftermath can be equally stressful. If you’re filing a property damage claim, you may wonder how to recover the maximum compensation amount.

Today, we’ll discuss two property damage tips to help you recover more in your property damage claim.

Contact an experienced Bloomington car accident lawyer today if you need legal help or advice regarding your personal injury claim.

Tip 1: Pursue a Claim for Loss of Use of Your Vehicle

When you’re involved in an accident, and your car is damaged, you may be unable to use it until it’s repaired. This means you may have to rent a car or use public transportation to get around.
Fortunately, you can pursue a claim for loss of use of your vehicle, which gives you the right to damages for the time you were unable to use your car.

Recoverable damages for loss of use of your vehicle are usually equivalent to the cost of renting a car during the same period. However, insurance companies may take their time in making an offer, leaving you waiting for weeks or even months.

This delay can result in significant financial losses, especially if you rely on your car for work or other daily activities.

Request damages for this claim to maximize your compensation for the loss of vehicle use. Your injury lawyer can help you file a claim and negotiate with the insurance company to ensure you receive fair compensation.

Tip 2: Pursue a Claim for Diminution in Value

Diminution in value refers to the reduced value of your vehicle after it has been damaged, even if it has been fully repaired. This reduction in value can significantly impact the resale value of your car, which means you may receive less money if you decide to sell it in the future.

If the accident wasn’t your fault, you have the right to be compensated for the loss of value in your vehicle. This is another claim that your injury lawyer can help you pursue to ensure you receive fair compensation.

Not all insurance companies will willingly pay for a diminution in value, so you may need to provide evidence to support your claim. Your injury lawyer can help you gather the necessary information and negotiate with the insurance company to help avoid a lowball settlement offer.

Final Thoughts

Filing a property damage claim can be complex and time-consuming. However, by pursuing a claim for loss of use of your vehicle and diminution in value, you can increase your chances of recovering more compensation.

Working with an experienced injury lawyer who can help you navigate the claims process and negotiate with the insurance company on your behalf is essential.

If you need help with your property damage claim, Onward Injury Law can help. Our team of experienced injury lawyers in Bloomington, Illinois, is dedicated to helping clients recover the compensation they deserve.

Contact us today to schedule a consultation and learn more about how we can help you maximize your property damage settlement.

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