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Diminished Value Claims

California Diminished Value Claims Lawyer in Pasadena

Representing Clients throughout Pasadena, California

Has your car, truck, or SUV been seriously damaged in an auto accident in Pasadena? Even after extensive repairs, you know that it has lost considerable value merely due to the fact that it was involved in an accident and now has a tainted vehicle history.

Trying to sell your repaired vehicle will be difficult, given the fact that anyone can discover its history through a simple investigation over the internet. Even a dealer may be reluctant to take your vehicle and, in any trade-in, will offer you a substantially lowered credit than you would have obtained before the accident. Next to an identical car on a used car lot, your vehicle may be worth up to a third less due to its history of damage.

What is Diminished Value in CA?

The diminished value of a vehicle is the loss in value that your car takes when it has been involved in an accident. An accident on your car's record will lower its resale value. Dealerships and private sellers are able to research your car's history using online tools. This type of value hit even affects cars that have been fully repaired after an accident.

Types of Diminished Value in California

If your car was in an accident, you may fall under three types of diminished value, which include:

  • Inherent Diminished Value - This type of diminished value refers to the loss in value simply because it was involved in an accident. This is the most common type of diminished value. Many people have inherent diminished value despite repairing their vehicle after an accident.
  • Immediate Diminished Value - This type of diminished value happens directly following an accident before an owner has had a chance to repair the damage.
  • Repair-Related Diminished Value - If a vehicle was involved in an accident and not repaired properly or completely, it may experience this type of diminished value.

How a Pasadena Diminished Value Claim Attorney Can Help

Many people are unaware that this financial loss on your vehicle, called diminished value, can be submitted as a claim to the other driver's insurance company. Insurance companies are reluctant to make such a possibility known and are reluctant to pay such claims. Such a claim can be accomplished, however, with the help of a skilled and experienced Pasadena diminished value attorney at McGee, Lerer & Associates.

Call today for a confidential consultation!

As a Pasadena personal injury attorney with extensive experience dealing with insurance companies, each of our lawyers knows the ropes when it comes to making and pushing through an effective claim for diminished value. We have learned the legal strategies necessary to launch a thorough offensive at an insurance company that can result in a fair settlement.

That is why we recommend that you contact our firm to discuss the specific facts of your vehicle damage and to get the tenacious legal representation you need. If your claim is too small for us to handle, we will give you advice at no charge.

No Fee on California Diminution in Value Claims

If our Pasadena car accident attorneys also represent you on a bodily injury claim arising out of the auto accident, we will waive any fee on the money collected on your diminished value claim if we can settle the claim without filing a lawsuit.

Why Choose McGee, Lerer & Associates?

What Makes Us Different
    We take the time to understand all the unique factors of your case to achieve the best results.
    If we are unsuccessful in our efforts to recover your compensation, you owe nothing. Learn more here.
    We can be available nights and weekends and come to you at the hospital or at home.
    We have 4 offices in Southern California - Los Angeles, Pasadena, Santa Monica & Long Beach

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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.

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

    They were always available to answer my messages and questions. I am very grateful to them. I recommend them.

    "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

    "I have been completely blown away"

    Prior to my experience with Nick at Mcgee & Lerer, I would not have ever associated the thought of an accident attorney with positive emotion. That being said I have been completely blown away by how I was taken care of. I called within hours of my acc

    - JT C.
    "Thanks for all the help!"

    My wife and our 3 kids were in a serious car accident earlier this year. It was a really scary experience for our family, but McGee Lerer and Associates helped us through the complex legal process. Thanks for all the help!

    - M.L.
    "From day one, they were quick to respond to my questions, great at explaining each step of the process, and very personable."

    We called McGee, Lerer & Associates to help navigate us through our first car accident, and I am so glad we did! From day one, they were quick to respond to my questions, great at explaining each step of the process, and very personable. 5 stars!

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    "I just would like to thank them for their hard work and I would like to say how much I appreciate their hard work!!"

    McGee and Lerer & Associates really helped me with my car accident I had earlier this year ! They were so great and understanding of my situation . They always kept me informed of everything that was going on with my case and they really fought for me! I w

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    "I am extremely satisfied and very happy with the work they did and would 100% recommend."

    I called into McGee-Lerer & Associates when I got into my accident and they were extremely helpful. Catherine and Rachael were very communicative and helped me the whole way. It was a long process due to the poor insurance company that the other driver had

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    "So thankful I found McGee, Lerer & Associates!"

    To be honest I was a little worried about hiring an attorney but Denise and David took such great care of me! They were very responsive and handled all of it so quickly. I just got to sit back while they managed the insurance companies and everything. I fe

    - A.H.