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Diminished Value Recovery Appraiser
The reduction in a vehicle's market value occurring after a vehicle is wrecked and repaired. A reasonable person will not pay the same price for a wrecked, then repaired vehicle, as they will for a vehicle with no prior accident history. Even if the repairs are proper, the vehicle will still lose value. To collect diminished value after a car accident, insurance companies usually ask for a diminished value report. These reports are usually generated after an unbiased third party inspects and appraises the vehicle
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