Diminished Value Claims
Kremenchuker Law Group has many years of experience in successfully converting the loss of an automobile’s true value after a collision into legally proven financial compensation. Our approach goes beyond establishing facts; we work to ensure that our clients receive the monetary recovery they deserve.
When you need a diminished value claim lawyer in Fort Myers and North Port, our firm will become your trusted partner and represent your interests in all necessary proceedings.
We handle a variety of diminished value claims, including:
We help our clients recover the difference in their car’s value after a casualty if it sustained structural, body, frame, or safety system damage and ends up with an accident history on record.
We negotiate on equal footing with adjusters and prepare the most effective, well-argued demand if they’ve denied your claim or offered an unfairly low amount.
If your new, premium, or leased car was damaged due to someone else’s fault, and even after repairs, it’s no longer worth what it used to be, that’s when you need our assistance.
If your new, premium, or leased car was damaged due to someone else’s fault, and even after repairs, we are here to help you pursue separate compensation beyond just repair costs.
If a client disagrees with the expert evaluation (for example, if the difference between pre-accident and post-accident vehicle value is underestimated), we assist with getting a reappraisal.
When an adjuster denies value lawsuits based on internal policies, we pursue the matter to achieve a just resolution for our client.
Our approach to diminished value claims includes:
01
Detailed Investigation
We thoroughly investigate the accident to gather evidence and build a strong case.
02
Expert Negotiation
We negotiate with insurance companies to secure the best possible compensation
03
Continuous Support
We guide you through the entire legal process, from filing a claim to achieving a resolution
We provide personalized legal solutions
Extensive experience
Our team has extensive experience handling a wide range of legal cases in Fort Myers and North Port
Successful results
We are proud of our successful case outcomes and the trust our clients place in us.
Multilingual support
We offer services in Russian, Ukrainian, Spanish, French, and
English to better serve our diverse community.
Direct attorney access
You work directly with your attorney and can reach us when you need updates or answers
Free case evaluation
Our lawyers will contact you for a brief consultation and explain what steps can be taken
Need to contact us immediately?
Call 239-995-3425 or email us at leo@99legal.com
Types of compensation you may be entitled to
Medical Expenses
The compensation is based on the actual cost of medical treatment. The value ranges from a few thousand dollars for minor injuries to hundreds of thousands for severe, long-term injuries requiring extensive treatment.
Medical expenses are usually challenging to prove, but issues likely arise if treatment was delayed or not well-documented.
Future Medical Care
Future Medical Needs compensation covers the anticipated cost of ongoing or long-term medical treatment required after a car accident. This includes expenses related to rehabilitation, surgeries, therapy, or lifetime care for permanent disabilities. Settlement values typically range from $50,000 to several million dollars, depending on the severity of the injuries and the expected duration of care.
This type of compensation carries a high level of risk, as it depends heavily on expert medical testimony to accurately forecast future health conditions and related expenses.
Loss of Earning Capacity
Loss of Earning Capacity refers to compensation for the reduced ability to earn income in the future due to accident-related injuries or disabilities. The amount is estimated based on projected lost wages over the person’s remaining working years and can vary from tens of thousands to several million dollars, depending on factors such as age, occupation, education, and injury severity.
Proving this type of loss is complex, requiring detailed evidence of prior earnings, career trajectory, and expert economic analysis to clearly link the injury to diminished earning potential.
Vehicle Damage
Vehicle Damage compensation covers the cost to repair or replace a vehicle damaged in a car accident. The claim may include the cost to restore the car to its pre-accident condition or the fair market value if it is declared a total loss. The settlement amount depends on the vehicle’s age, make, model, mileage, pre-accident condition, and repair costs. Minor damages usually cost $500–$5,000 to fix, while severe damage or total loss can range from $10,000 to $100,000 or more, especially for newer or luxury cars.
Insurance adjusters or auto appraisers typically determine the final amount. Proving vehicle damage is usually straightforward with photos and repair estimates, though disputes can arise over pre-existing issues, depreciation, or total loss valuation.
Physical Pain
Physical Pain compensation addresses the physical suffering and discomfort caused by injuries sustained in an accident. It includes both immediate pain following the crash and ongoing pain experienced during recovery. The value is often calculated using a multiplier method, where medical expenses and other quantifiable damages are multiplied by a factor—typically between 1.5 and 5—based on the severity and duration of the pain.
Pain and suffering damages are inherently subjective, requiring comprehensive medical documentation, doctor testimony, and sometimes personal pain journals. The challenge lies in proving the lasting impact of the pain, especially if visible injuries appear healed or documentation is incomplete.
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Frequently asked questions
What do I need to hire a diminished value claim lawyer?
Once your vehicle has been restored after a casualty, simply schedule a gratis initial consultation. We’ll assess your case, go over the key details, and figure out if legal action makes sense for you.
How much time does the process take?
On average, if we’re settling the claim directly with the insurance company, you can expect results within a few weeks. If the case is more complex and goes to court, it may take a few months.
I’d like to contact a diminished value claim attorney, but I don’t speak English well, and I’m not comfortable with paperwork. Can you help me?
No problem at all – our team offers legal services in English as well as Russian, Ukrainian, Spanish, and French.
I’m looking for a loss of value claims lawyer near me in Fort Myers. Do you serve this area?
Yes, we practice throughout the Southwest Florida region, including Fort Myers, North Port, and surrounding communities, both large and small.
What papers do I need to provide to start a loss of value claim for my car?
We’ll need a basic set of documents confirming the accident, the type of damage, and the cost of repairs. If anything else is needed, we’ll request it ourselves.
Don’t delay — time is limited
Under Florida law, you have two years to file a personal injury claim. Missing the deadline can mean losing your right to full recovery.
Check out our full range of services
Diminished Value Claims Lawyer in Fort Myers, North Port and beyond
Kremenchuker Law Group diminished value claim attorneys have been successfully working with different types with a long-standing track record. Our main area of expertise – where we feel truly confident – is handling cases related to car accidents of all kinds, with varying degrees of fault, circumstances, and consequences. We also regularly deal with insurance disputes and personal injury cases.
Florida is one of the most favorable places in the United States of America for submitting claims and obtaining compensation after car accidents. A traffic collision is always stressful, but our attorneys are experienced in handling post-incident procedures, dealing with insurers and liable parties to ensure you recover the reduction. Our service package includes thorough legal and technical expertise in assessing the appropriate vehicle price loss. Besides, our diminished value claim lawyers are always available and represent your interests every step of the way until the right outcome is achieved. Our multilingual team is able to effectively represent clients from diverse communities in both insurance negotiations and legal proceedings.
Our process is structured and efficient:
- We begin with an initial consultation to review the details, collect information about the car, its repairs, relevant photos, and obtain the officer’s information.
- In the next stage, we determine the legal grounds and feasibility of a diminished value claim according to your case specifics. We analyze fault evidence, liability documentation, the restoration scope (estimates, invoices, recommendations), dealer and shop statements, insurance documents, and accident reports.
- We generate an official report in collaboration with licensed auto appraisers, using approaches such as automotive comparative market review, inherent depreciation, and post-repair diminished value.
- Our specialists develop the most effective strategy, gather proof, and outline the action plan that’s most likely to deliver the expected result.
- We carefully prepare an official demand letter that includes all facts and justifications.
- Our professionals handle negotiations with the insurance company, provide counterarguments, manage legal correspondence, justify the calculations, and leverage Florida legal precedent, all aimed at securing fair compensation for you.
- If necessary, our experienced diminished value lawyers initiate court proceedings to prove the validity of your claim.
- We’ve built our practice across Southwest Florida, not just in big cities, but even in less-populated and remote municipalities.
Our long-standing experience with clients has shown that, unfortunately, not all car owners know they can request this type of payment and how to go about doing it. This information is intended both for individuals currently in this situation and for those who may encounter it in the future, because being aware is the first step to being prepared.
Urgently looking for a car accident diminished value claim lawyer in Fort Myers or North Port? Call us right now. We’re ready to step in immediately.