Insurance Companies

Coral Springs Diminished Value / Loss of Use Attorneys

What Insurance Companies Don’t Want You to Know

When you are involved in an accident, serious damages often result in having your car being held in a repair shop for days at a time. Not having a car can impact you in a number of ways, especially financially. Aside from being a severe annoyance, being without a vehicle can prevent you from going to work, which impacts your ability to earn wages--our team of Coral Springs personal injury attorneys of Weinstein & Scharf, P.A. feel this is not something you should stand for.

This is especially important if you drive a high-priced vehicle, in which your car’s value will greatly diminish once it is damaged. It is important to make up for this loss by fighting for the compensation you deserve.

Did you know there are a number of things insurance companies don’t want you to know when their insured party damages your car? Here are just a few:

  • They have no intention of compensating you for the real loss of use or diminished value of your car.
  • They want you to believe all you are entitled to is a rental car while your car is in the shop.
  • They don’t want you to know you are entitled to be paid due to the inability to use your car.
  • They don’t want you to know you are entitled to be paid what it would cost to rent your car for every day your car is in the shop for repair.
  • They don’t want you to know you are entitled to be paid for the rental value of your car for every day it is in the shop for repair whether you rent a car or not.
  • They don’t want you to know you can be on vacation while your car is in the shop for repair and still be compensated for the loss of use of your car.
  • They don’t want you to know you can decline their magnanimous offer of a rental car for $20 per day and they still are obligated to compensate you for the loss of use of your car.
  • They don’t want you to know that you are entitled to be compensated for the extra time your car is in the shop for repair because they have delayed in preparing an estimate to repair your vehicle.
  • They don’t want you to hire an attorney to demand compensation for all your damages including the loss of use of your vehicle and its diminished value after repair.

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If you would like to speak to one of our experienced and skilled Coral Springs personal injury attorneys, please don’t hesitate to contact us by calling (954) 482-4534.

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