Houston Diminished
Value Lawyer

OUR FIRM HAS RECOVERED MILLIONS OF
DOLLARS FOR Diminished Value VICTIMS
THROUGHOUT HOUSTON, TX

Diminished Value Attorney in Houston, TX

Every year, thousands of cars are damaged in traffic accidents. According to the National Highway Traffic Safety Administration, a motor vehicle collision occurs every ten seconds in the United States. Claim of Reduced Value Ramji Law Group has extensive knowledge in this area of law.

Long after your car has been restored and is in working order, there are typically costly ramifications. The value of a vehicle that has been in an accident is permanently reduced. When an automobile engaged in an accident sustains structural, aesthetic, or internal damage, its value is diminished. Even if the car is restored to its pre-crash state, it is still worth much less money than it was prior to the collision.

LET THE HOUSTON CAR ACCIDENT LAWYER AT RAMJI LAW GROUP HELP YOU

When attempting to sell or trade in a vehicle, the diminished worth of the vehicle becomes apparent. The majority of states require full disclosure of any and all accidents in which the vehicle has been involved. Because most potential purchasers prefer automobiles that have never been in an accident, an owner of a vehicle that has been in an accident will receive much less money for his or her vehicle than if it had never been in an accident.

GET YOUR FREE CASE REVIEW

TYPES OF CAR ACCIDENTS THAT WE CAN HELP YOU WITH

Three main types of diminished value apply to diminished value claims. Not all three types of diminished value are always used when legally compensating individuals for the diminished value of their vehicles. These three main types of diminished value are the following:

Every major insurance provider and every state has paid out on diminished value claims. If your vehicle is involved in an accident that is not your fault, almost every state allows you to file a claim for lost value. Individuals who have uninsured motorist coverage on their policy may be allowed to file a lost value claim on their own policies guidelines even if the other party does not have insurance.

There are two different types of diminished value insurance claims:

First party insurance claims and third party insurance claims. First party insurance claims take place when individuals damage their own car and their insurance company pays the claim. In first party insurance claims, individuals can still recover the lost value of their vehicle assuming their insurance company does not specifically exclude coverage for diminished value. Third party insurance claims occur when a negligent driver damages another party’s vehicle and the negligent driver’s insurance company pays the claim. In third party insurance claims, all state courts generally support claims for diminished value as long as the loss can be proven.

Several factors may affect the calculation of your vehicle’s diminished value, including: 

It is very important to keep in mind that every vehicle is different, and that the amount of diminished value will vary accordingly depending on make, model and current/prior conditions. A systematic calculation of your vehicle’s diminished value is necessary. An individual can also pursue a diminished value claim on his or her own by requesting that his or her insurance adjuster address the diminished value of his or her vehicle. However, unless that individual is trained to handle diminished value claims, his or her request will most likely be turned down by the insurance company. That’s why you should contact Ramji Law Group. Only the attorneys at Ramji Law have the expertise and experience needed to accurately calculate your vehicle’s diminished value following an accident.

Start your claim today

If you or someone you know has been the victim of an automobile accident and is considering filing a claim of diminished value, don’t hesitate to contact Ramji Law Group. Call us at (713) 888-8888 or complete a free case evaluation form on our website.

There IS NO FEE TO YOU, unless there is a settlement. If you do not collect, Ramji Law Group bears the costs.

The initial consultation is free of charge! If we take your case, we work on a contingent-fee basis — which means you pay us only if you receive a monetary reward or recovery of fees. Please, don’t hesitate any longer. Lawsuits must be filed before the statute of limitations in your state expires. You may have a valid claim entitling you to compensation for diminished value caused by an automobile accident. Act now, call TODAY! 

Don’t see what you’re looking for?

Get in touch. We handle all areas of personal injury law. If for some reason we can’t help you, we’ll help you find an attorney who can.

CONTACT US FOR YOUR FREE, NO-OBLIGATION CASE CONSULTATION.

6500+

TRUSTED CLIENTS

When you find yourself in a difficult situation put your trust in DoctorLaw, Adam Ramji, who has served over 6,500 clients.

125+

YEARS OF COMBINED EXPERIENCE

Let DoctorLaw, Adam Ramji, fight for your rights to maximum compensation.

CLIENTS TESTIMONIALS

Play Video
Play Video
5/5

Awards & Memberships

REQUEST A FREE CONSULTATION

We’re here to help. Schedule a free consultation with one of our experienced accident lawyers today by filling out the form below, or call us at (713) 888-8888
Hidden
Hidden
This field is for validation purposes and should be left unchanged.

WE’LL COME TO YOU

When you find yourself in a difficult situation put your trust in DoctorLaw, Adam Ramji, who has served over 6,500 clients.

CALL US ANYTIME

We are available to discuss your case anytime. Give us a call at (713) 888-8888

COMPLETELY FREE CONSULTATION

Meeting and/or discussing your case with our attorney is completely free..

Auto Accident Lawyer in Houston, TX - Diminished Value Attorney Near Me - Houston’s Best Traffic Accident Lawyer