Illinois Residents: Find Out What Insurance Owes You

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Diminished Value in Illinois

Being the victim of an auto accident is a severe inconvenience regardless of injury or medical expenses. It is imperative for all drivers involved to exchange accurate insurance information in order to move forward and file claims successfully. Many drivers in Illinois and across the United States who have been the victim of an auto accident never receive the compensation they deserve from their insurance provider without their knowing. This misfortune is commonly due to this notion of diminished value.

The Truth About Diminished Value in Illinois

We all know that as soon as a car is purchased, its value begins to depreciate. In some cases with brand new cars, the vehicle can lose up to 11% in value the moment it’s driven off the lot. What you may not be aware of is that in the event of an auto accident, cars can depreciate in resale value by 15% – 50% regardless of how well it is repaired.

Insurance companies usually don’t like discussing diminished value with clients if they don’t bring it up – which is exactly why we’re here. The primary goal for the typical auto insurance provider is to settle your claim for the least amount of money for their company. In other words, you’re likely missing out on thousands of dollars if no further diminished value action is requested.

Whether you live in Chicago or a the smallest town in Illinois, Hansen Price can help you make your claim and get the money you deserve.

Diminished Value

Relying solely on a third party’s insurance provider for the repairs and finances you’re entitled to can be a gamble. At Hansen Price, we are dedicated to seeing justice served on the road and getting Illinois drivers back in their cars with the compensation they deserve. We acknowledge how strenuous and traumatic an accident can be especially when you’re not at fault. Take the safe way out and reach out to our experienced consultants today to file a claim. Here's how:

How?

STEP-1

Your time and money are valuable. We'll quickly assess if your vehicle's DV value is worth pursuing. Older cars, smaller repairs, or vehicles in previous accidents may have such a low DV, that it is not worth the cost or effort to pursue.

STEP-2

We'll collect all the information needed to issue an appraisal and valuation report. Many claims can be done over the phone or email. We'll perform all the required research.

STEP-3

We'll prepare all the information you need to present to the insurance company. We provide you with sample letters for you to use and include a step-by-step checklist and a plan to present your claim.

Testimonials

"I sent off the report you guys prepared for me, and boom- I got a full settlement offer. I really appreciate your approach and expertise. I truly appreciate your help. I will admit I was skeptical, but speaking with you over the phone, your company seemed very genuine, so I pulled the trigger. Great job guys!"

– Ryan J.
Little Rock, Arkansas

Thanks to the entire crew at Hansen Price. I settled my DV claim for $5,750, and I now have the check in hand. Safeco lowballed me, and I’m glad I had everything I needed to counter. Thanks again!"

– D. Anderson
Bend, Oregon

“Hansen Price made getting my Diminished Value check for $3,000 from my insurance quick and painless.”

– Danielle C.
Portland, Oregon

At Hansen Price, we’re seasoned in the auto accident field and accustomed to the diminished value laws in Illinois. We believe our experience puts us above many unfavorable insurance providers and enables us to work for you to the best of our ability.


Contact Hansen Price Today for All Illinois Diminished Value Claims

For the most seamless consultation and claim filing, contact us today at 1-888-706-4530. You can also fill out our convenient online form to get started!