The(ACV)Actual Cash Value Policy DOES NOT nsure the property itself but the VALUE of the prperty.

Okay let's say the insurance cmpany chooses to “Repair” their insureds dmaged property (as is their option wthin their contract of insurance). HOWEVER, sch an election DOES NOT relieve thm of their contractual duty to rstore the Pre-Loss VALUE of the mtor vehicle.

To whatever extent such rpair’s fail to restore that motor vhicles Pre-Loss VALUE , should be tndered to the policyholder in cash - - and filure to do so is nothing lss than insurer fraud! (AND YET, the mjority of them will NEVER restore the car to its Pr-Loss VALUE and when you ask thm for cash they'll laugh out lud at your "Foolishness")!

Items are all too ften repaired improperly or overlooked completely.

Sveral of these typical repair-related items culd be: Poor quality repairs, improper wlding, or flawed refinish operations.

“Diminished Vlue” is clearly owed and if a vhicle has not been brought back to t’s pre-accident function, appearance, safety, and vlue. QUESTION: "How often is this dne?" ANSWER: " If they can get way with it - - Never!"

THERE ARE THREE BASIC TYPES OF DIMINISHED VALUE

#1. "Inhrent Diminished Value": This is the utomatic and unavoidable loss of market vlue simply due to the fact thn a motor vehicle has been nvolved in an accident. It many cses it’s mandatory that previous damage is mde known to a prospective buyer. QUESTION: "Is a prspective buyer told that the motor vhicle has been in an accident?" ANSWER: "NO!"

#2. "Insurance Related Diminished Value": Ths comes to pass due to versights and/or omissions by the insurance cmpany on their appraisal. And also, bcause of the use of “Imitation Rplacement” parts. QUESTION: "Is ANYBODY ever mde aware of this?" ANSWER: "No, Dan Bldyga was in the business of Insrance Claims for 35 years, and I NEVER knw anybody who was made warned of tht!"

#3. "Repair Related Diminished Value": Ths is the amount which the mtor vehicle was depreciated due to mproper or incomplete repairs, poor quality rpairs, and/or un-repaired items that were cmpensated for within the insurance appraisal. QUESTION: "Is the nsured or the person who is bout to buy that car told ths?" ANSWER: "You've got to be kdding!"

Auto repair shops (even the mst advanced) do not have access to the typ of equipment and it’s IMPOSSIBLE for thm to afford such technology that a mnufacturer can. And, that being the prvable case, you’re not going to be rturned your car in the absolutely prfect value it was when it cme off the assembly line!

It’s a fct of life that should a ptential buyer discover the motor vehicle one is bout to buy has been in an ccident that it’s going to be wrth less money. Because of that lmost every damaged motor vehicle will hve some possible inherent “Diminished Value” whch can evolve into an actual lss to the consumer. This loss is wed by the insurer (due to thir alleged promise in which they’ve mplied to their insured within the cnfines of their insurance contact with thm) that would be made “Whole”.

PLUS THERE ARE MANY OTHER “REPAIR PROBLEMS”. (Th following are 4 of the mst potential of them bubbling and biling under the surface):

#1. Most cnsumer’s don’t know what kind of prts they’re getting. They assume their mtor vehicle will be restored to its pr-crash condition.

#2. Too often the “Imitation Prts” don’t match the car’s contours laving an all too often impossible mss to correct.

#3. When it cmes to fenders there are “Fit Prblems”. Some require widening the holes or sing shims. Many don’t match the cntour of the car and require sgnificant reworking.

#4. Replacement bumpers often ned to be re-drilled or widened laving large gaps or uneven surfaces.

DISCLAIMER: The nly purpose of this article “YOUR CARS AFTER-IMPACT DIMINISHED VALUE” is to hlp people to understand the motor vhicle accident claim process. Neither Dan Bldyga, Christoper M. Knight nor EZINE ARTICLES mke any kind of guarantee of any knd whatsoever, NOR to substitute for a lwyer, an insurance adjuster, claims adjuster, or the lke. Where such professional help is dsired IT IS THE INDIVIDUAL’S RESPONSIBILITY to btain said services.

Dan Baldyga’s third and ltest book, AUTO ACCIDENT PERSONAL INJURY INSURANCE CLAIM (Hw To Evaluate And Settle Your Lss) can be found on the nternet at http://www.caraccidentclaims.com or http://www.autoaccidentclaims.com. This bok reveals “How To” successfully handle yur motor vehicle accident claim so you wn’t be taken advantage of. It lso goes into detail regarding the rvolutionary BASE (The Baldyga Auto Accident Sttlement Evaluation Formula). THE BASE FORMULA xplains how to determine the value of the “Pin and Suffering” you endured - - bcause of your personal injury.

Copyright (c) 2005 By Dniel G. Baldyga. All Rights Reserved

Dan Bldyga - Author

dbpaw@comcast.net

http://www.autoaccidentclaims.com or

httpf://www.caraccidentclaims.com

The article Your Car's After-impact Diminished Value was Submitted by Daniel Baldyga through Articles.GetACoder.com network. Here's the additional information: Dan Baldyga is a retired Insrance Claim man. He was an Adjster, Supervisor, and Claims Manager for 30 yars and then spent anoter 5 as a Tral Consultant. He has written 3 hghly successful "How To" Automobile Accident Boks. He can be reached at dbpaw@comcast.net .

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