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Diminished Value Claims

Santa Monica Car Accident Diminished Value Claims

Need help filing a claim for diminished value on your vehicle in California?

***Please note: Our firm handles Diminished Value cases only when the accident has also resulted in personal injury.***

After being involved in an accident, your vehicle may be repairable. Its value, however, can never be restored to what it was before the crash. No matter if your car was fully repaired, it will now be worth less than an identical one that was never damaged in a traffic collision. This loss in value is called diminished value. When you go to sell your car or trade it in, a prospective purchaser can discover its accident history through Carfax reports. Dealers may be reluctant to take your car in a trade-in and, if they do, will most likely offer you a significantly lower amount for it.

Learn more about how our team can help with your diminished value claim if you've been injured in a car accident by contacting us online or calling (310) 692-9582 today!

Use a Santa Monica Car Accident Lawyer to Recover Your Loss

The only way that you can recover any compensation for diminution in value on your car, truck, or SUV is through a diminished value claim against the at-fault driver's insurance company. You can only make the claim against the other driver's carrier. You cannot make a diminished value claim under your own auto insurance policy.

Insurance companies don't like to admit that the right to make such a claim exists. They will not volunteer that you have this right, and if you do make the claim, they will often deny that you can make the claim under California law. In the rare event that an insurer does agree to pay you something on your diminished value claim, they will certainly lowball you. Using their insurance formulas that greatly favor their interests and discount yours, you will be lucky to get anything that approaches your loss. That is why you need the aggressive and experienced legal representation of a Santa Monica diminished value claim lawyer at McGee, Lerer & Associates.

No Fee on Diminished Value Claims

If our car accident lawyers represent you not only on a diminution in value claim but also on an injury claim arising out of your car accident, we will waive a fee on the money we collect for you on your diminished value claim if we can settle the claim without filing a lawsuit.

If you already have an attorney on your injury claim, but your attorney does not handle diminished value claims, we may be able to take over your case. It will cost you nothing to move over your case.  

We know how to deal with insurance companies because we deal with them every day in handling all kinds of injury claims and lawsuits. A personal injury lawyer at our firm is a tough and skilled negotiator and litigator. If you were injured in a car accident, we will use all of the experience and resources at our disposal to help you recover the fair compensation to which you are entitled to in a diminished value claim. If your diminished value claim is too small to justify our services, we will happily tell you how to handle it yourself - at no charge.

Contact a Santa Monica diminished value claim attorney by calling (310) 692-9582 for skilled legal guidance in making a claim today. 

Why Choose McGee, Lerer & Associates?

What Makes Us Different
  • Four Convenient Locations
    We have 4 offices in Southern California - Los Angeles, Pasadena, Santa Monica, & Long Beach.
  • 24/7 Availability
    We're available before and after normal business hours to meet with you and start your case.
  • No Fees Unless We Win
    Until and unless we succeed in providing your compensation, we don't charge you a dime. Learn more here.
  • Personalized Attention
    We take the time to understand each aspect of your case in order to tailor your solution.

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At McGee, Lerer & Associates, your satisfaction is our priority! See for yourself what our clients have to say about working with us.

    "This law firm is very professional"

    After my car accident, I didn't know what to do. I tried to fix the problem myself, and my insurance ignored me. After speaking with Catherine and her working group Maria and Nick, I have actually been able to achieve what my insurance said would not be po

    "They make you feel like you are their only customer"

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    - J.L.
    "they are the ones you want in your corner in any automobile accident."

    I had Catherine represent me and my grandmother 10 years ago in a car accident. I couldn't tell you how professional and quickly she handled our case. Catherines strong determination against the issuance companies got us to get the medical rehabilitation w

    - A.G.
    "I was referred to them by my brother who had them handle his case as well, I wouldn’t go to any other lawyer"

    I was in a motorcycle accident back in May and Catherine and Joanna have been able to help me through the entire process, I was referred to them by my brother who had them handle his case as well, I wouldn’t go to any other lawyer

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    Don't hesitate to hire these guys. I had heard nothing but horror stories about accident attorneys before hiring them. But I ...

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    My dentist and my friend's dad both recommended this firm. So glad they did. I was very happy with how they handled my case. ...

    - Darya, Google Review