Your car starts to depreciate once you drive it off the dealership and will continue to lose its value over the years. However, the value significantly drops after an accident, even if you get the ...

Diminished value is the difference between your car’s value before an accident and after, even if it’s repaired. Filing for a diminished claim may help you earn back some of your car’s lost market ...

FT. LAUDERDALE, FL, April 25 /PRNewswire/ - Imagine you're stopped at a red light when someone rear-ends you. The insurance company pays for the repair as well as your deductible. However, your car ...

The point of car insurance is to make you whole again after an accident. But no matter how expertly repaired, a car with an accident history will likely be worth less than one without -- even if the ...

A brand-new car has a high market value at the time of purchase. It may lose value once you drive it off the showroom. Your car's value may decrease as it ages and has more miles driven on it. Even if ...

The plaintiffs both were involved in car accidents with Commerce-insured individuals, and both individuals were deemed "legally responsible for the accident," the plaintiffs' brief said. However, both ...

DURHAM, N.C. (WTVD) -- A Durham driver was frustrated because of an insurance claim. Everlene Turrentine was in a car accident that was not her fault and caused more than $20,000 worth of damage to ...