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Florida's Top Car Accident Diminished Value Attorney

Diminished Value Money Recovered
$ 1 Million+
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We’re Here to Help

Choose The Collision Law Center for your Car Accident Diminished Value case. Discover why numerous clients across Florida rely on our firm's dedicated representation and proven track record in this specialized area of law.

Hollywood Car Accident Diminished Value Lawyer

Committed to Your Justice

Welcome to The Collision Law Center, your trusted partner for car accident diminished value claims in Florida. If you’ve been involved in a car accident, you may be entitled to compensation for the diminished value of your vehicle. Our dedicated team of attorneys specializes in helping clients recover the full amount they deserve for their diminished value claims throughout the state of Florida.

At The Collision Law Center, we understand that your vehicle’s value can significantly decrease after an accident, even if it has been repaired to its pre-accident condition. This loss in value, known as diminished value, can have a substantial financial impact on you as a vehicle owner. Our experienced lawyers are well-versed in Florida’s diminished value laws and will work tirelessly to ensure you receive fair compensation for your loss.

Based in Hollywood, Florida, The Collision Law Center serves clients across the entire state. We have a deep understanding of local and state regulations, insurance company tactics, and the intricacies of diminished value claims. Our attorneys will guide you through the entire process, from assessing your vehicle’s diminished value to negotiating with insurance companies and, if necessary, representing you in court. With our commitment to personalized service and attention to detail, you can trust that your case is in capable hands.

Contact our Florida attorneys at 
786-917-6700

We’re Here to Help

Choose The Collision Law Center for your Car Accident Diminished Value case. Discover why numerous clients across Florida rely on our firm's dedicated representation and proven track record in this specialized area of law.

Hollywood Car Accident Diminished Value Lawyer

Committed to Your Justice

Welcome to The Collision Law Center, your trusted partner for car accident diminished value claims in Florida. If you’ve been involved in a car accident, you may be entitled to compensation for the diminished value of your vehicle. Our dedicated team of attorneys specializes in helping clients recover the full amount they deserve for their diminished value claims throughout the state of Florida.

At The Collision Law Center, we understand that your vehicle’s value can significantly decrease after an accident, even if it has been repaired to its pre-accident condition. This loss in value, known as diminished value, can have a substantial financial impact on you as a vehicle owner. Our experienced lawyers are well-versed in Florida’s diminished value laws and will work tirelessly to ensure you receive fair compensation for your loss.

Based in Hollywood, Florida, The Collision Law Center serves clients across the entire state. We have a deep understanding of local and state regulations, insurance company tactics, and the intricacies of diminished value claims. Our attorneys will guide you through the entire process, from assessing your vehicle’s diminished value to negotiating with insurance companies and, if necessary, representing you in court. With our commitment to personalized service and attention to detail, you can trust that your case is in capable hands.

Contact our Florida attorneys at  786-917-6700

Our Services:

Vehicle History Report Disputes

Trade-In Value Loss Recovery

Post-Repair Appraisal

Policy Coverage Analysis

Market Data and Depreciation Analysis

Diminished Value Claims Litigation

Insurance Claim Negotiation

Evidence & Document Collection

Diminished Value Denied Claims

Diminished Value Consultation

Demand Letter Drafting

Diminished Value Mediation

Accident Impact Valuation

Post-Accident Car Value

Trade-In Value Loss

Diminution of Value Claims

Meet Craig Dernis

Choosing the Right Attorney Matters

Craig Dernis is a dedicated car accident diminished value lawyer with a passion for helping clients recover the full worth of their vehicles after accidents. With years of experience in the field, he understands the complexities of diminished value claims and works tirelessly to ensure his clients receive fair compensation. As the founder of The Collision Law Center in Hollywood, Florida, Craig has built a reputation for providing personalized attention and achieving successful outcomes for clients throughout the state.

When you’re dealing with the aftermath of a car accident, choosing the right attorney can make a significant difference in the outcome of your case. Craig’s deep knowledge of Florida’s diminished value laws, combined with his strategic approach to negotiations, sets him apart in the legal field. He recognizes that each case is unique and tailors his services to meet the specific needs of his clients. By selecting Craig Dernis and The Collision Law Center to represent you, you’re not just hiring a lawyer – you’re partnering with a committed advocate who will fight for your rights and ensure you receive the compensation you deserve for your vehicle’s diminished value.

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ACTUAL CLIENT VEHICLES

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Common Questions About Car Diminished Value

What is diminished value in car accidents?
Diminished value refers to the reduction in a vehicle’s market value after it has been damaged in an accident and repaired. Even with high-quality repairs, a car that has been in an accident is typically worth less than an identical vehicle with no accident history. This difference in value is what’s known as diminished value.
Can I claim diminished value in Florida?
Yes, Florida law allows vehicle owners to file diminished value claims. However, these claims can be complex and often require the assistance of an experienced car accident diminished value lawyer to ensure fair compensation.
How long do I have to file a diminished value claim in Florida?
In Florida, you generally have two years from the date of the accident to file a diminished value claim. However, it’s advisable to start the process as soon as possible after the accident to ensure all evidence is preserved and to avoid any potential issues with the statute of limitations.
How is diminished value calculated in Florida?
Diminished value in Florida is typically calculated using a combination of factors, including the vehicle’s pre-accident value, the extent of damage, the quality of repairs, and market trends. Insurance companies often use the 17c Formula, or variations of it, to determine diminished value, but these methods are very conservative and typically result in unfair offers.  
Do I need a lawyer for a diminished value claim in Florida?
While it’s not legally required, having a lawyer experienced in diminished value claims can significantly improve your chances of receiving fair compensation. Insurance companies often undervalue or deny these claims, and a skilled attorney can navigate the complex process, negotiate with insurers, and if necessary, take your case to court.
What types of vehicles qualify for diminished value claims in Florida?
Most vehicles can qualify for diminished value claims in Florida, including cars, trucks, motorcycles, and even some recreational vehicles. However, the vehicle’s age, mileage, and overall condition before the accident can affect the claim’s viability and potential compensation amount.
Can I file a diminished value claim if I was at fault for the accident?
If you were at fault for the accident, you typically cannot file a diminished value claim against another party’s insurance.
How much does it cost to hire a car accident diminished value lawyer in Florida?
Many car accident diminished value lawyers in Florida work on a contingency fee basis. This means they only get paid if they win your case, typically taking a percentage of the recovered amount. Initial consultations are often free, allowing you to discuss your case without upfront costs.
What documents do I need to file a diminished value claim in Florida?

To file a diminished value claim in Florida, you’ll typically need the accident report, repair estimate, and pictures of the damages to your vehicle. A diminished value appraisal from a certified professional can also be beneficial. Your diminished value attorney can help you obtain the documents.

Can I file a diminished value claim for a leased vehicle in Florida?

In Florida, filing a diminished value claim for a leased vehicle is generally not permitted because you are not the owner of the vehicle – the leasing company is. Only the legal owner has the right to pursue these claims. There may be some rare instances when a diminished value claim for a leased vehicle is possible, so you should consult with your diminished value lawyer.

What if the insurance company denies my diminished value claim in Florida?
If an insurance company denies your diminished value claim in Florida, you have several options. You can appeal the decision, provide additional evidence to support your claim, or consider legal action. A car accident diminished value lawyer can help you understand your rights and the best course of action in this situation.
How long does it typically take to resolve a diminished value claim in Florida?
The time to resolve a diminished value claim in Florida can vary widely depending on the complexity of the case and the cooperation of the insurance company. Simple claims might be resolved in a few weeks, while more complex cases or those that go to litigation could take several months or even over a year to reach a resolution.
Can I file a diminished value claim if my car was already damaged before the accident?
In most instances, you may still recover diminished value for an accident even if the car was previously damaged. It usually depends on the type of vehicle involved and the severity of both the prior damage and the new damage.

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