Savannah is a city of diverse neighborhoods, great food and stressful drivers. No one wants to be involved in an auto collision or deal with the pain of auto repair. But even after getting your car back in physically great shape, it will still be worth less than before the accident. This is known as diminished value. Savannah drivers may be entitled to compensation from their auto insurance company, which could equal thousands of dollars.
The repercussions of diminished value in Savannah might not be seen until you go to sell your car. A good buyer will always look up a vehicle’s history, and suddenly that accident could knock off up to 50 percent of your car’s value. Considering that only one in three Americans would purchase a vehicle with an accident on its record, you should not take a loss in your car’s value lightly. The state of Georgia has enacted that requires insurance companies pay for your vehicle’s diminished value.
Many drivers are unaware that they can reclaim their car’s diminished value in Savannah after an accident. We at Hansen Price understand that auto accidents are stressful at any stage, our team at Hansen Price can help. Call us today at 1-888-733-2965 to speak to our experts!