Aurora is an inviting place to live, with more and more people moving into the city’s west and east sides. Unfortunately, a side effect of this is the increase in drivers on the roads, and the higher chance of your car being involved in an accident. No matter how small, a car accident is a stressful and time-consuming experience – however, drivers in Aurora are often not aware of a lurking consequence for their car. This is known as diminished value. Even after your insurance company pays for your vehicle’s auto repair, your car could be worth 50 percent less than the same make and model for sale in Aurora. Diminished value is often unmentioned by your insurance company, even if you are not at fault at the accident.
Luckily, Illinois is in a diminished value state, which means drivers in Aurora may be entitled to diminished value compensation for their vehicle’s loss in market value from their insurance company. We can help you discover what you might be entitled to from your insurance, including an appraisal along with a guided walk through of the claims process.
At Hansen Price, our team uses their knowledge of insurance companies to help assess your diminished value claim in Aurora. Don’t let an auto accident derail your future plans or your vehicle’s worth – contact us today!