What is Diminished Value?
“Diminished Value is the reduction in the value of a previously damaged vehicle, as a result of the damage, despite the damage being repaired.”
-Steve G. Calamusa, Esq.
If you own an exotic, rare, or even just a luxury vehicle, a ‘Dirty’ vehicle history report can significantly impact your vehicle’s overall value, regardless of repair quality. A car’s diminished value, after being damaged and repaired, enables you to pursue a diminished value claim, which is meant to compensate you for your vehicle’s lost value. To support your claim, a diminished value appraisal is necessary to assess and determine the post-repair value of your vehicle.
OUR SERVICES
Fighting for Your Diminished Value and Loss of Use Compensation
If you were not at fault for the damage to your vehicle, then there is a good chance we can help you recover diminished value and loss of use.
A qualified auto wreck claim lawyer from our firm will help you navigate your diminished value claim, loss of use claim, or total loss claim, so that you receive what you’re rightfully owed.
Who Qualifies
Do You Qualify for a
Diminished Value Appraisal and Claim?
Before you contact a lawyer for auto insurance claims, it helps to know whether you are eligible to file a diminished value claim in the first place. To pursue a diminished value appraisal and claim for your high-end vehicle, a few things have to be true:
- The vehicle was damaged (not a total loss) due to an accident or negligence
- Accident/damage was not your fault, but was someone else’s fault
- You own (not lease) your vehicle with a clean title and no prior damage
- The incident occurred no more than two (2) years ago
- Your vehicle is undergoing or underwent having proper repairs
Why Choose Us?
We’re Experts in
Diminished Value Claims
- Expert Attorneys and Certified & Licensed Auto Appraisers
- Not all states recognize claims for diminished value and loss of use
- An experienced team will work your claim from repair through settlement
- CARFAX History Report & Market Loss Valuation Reports included
- We walk with you every step of the way until the claim is settled!
Our Process
Expert Legal Support at Every Stage of Your Claim
- Free Consultation
- Obtaining policy information
- Evaluating the repair process
- Post repair appraisal – at no cost to you
- Creation of a custom demand package
- Settlement negotiations, if necessary (during negotiations, experienced attorneys will directly handle your claim)
Lead Diminished Value Attorney, car collector, and host of Road Test TV Steven Calamusa has been featured in PCA magazine outlining one of the most misunderstood and underappreciated aspects of insurance claims that can mean thousands of dollars to you when your exotic sports car or supercar has been damaged and repaired.
For more information and access to the full article, please contact us if you are interested in learning more about what our diminished value attorneys can do for you and your situation.
As Seen In
Porsche Club Of America
Diminished Value Attorney
Steven G. Calamusa
Steven Calamusa’s practice involves complex litigation in both Federal and State Courts and includes Consumer Class Action and Multidistrict Litigation (MDL).
Mr. Calamusa joined the firm in 1997 after serving as an Assistant County Attorney for Palm Beach County. Mr. Calamusa became a partner/shareholder with Gordon & Partners in 2004.
During his career, Steven has achieved a number of distinctions within the legal community. He has been recognized as one of the Top 100 attorneys in the state of Florida, has been awarded the honor of “Super Lawyers,” and attained the highest rating possible, an AV rating, with the Martindale-Hubbell Law Directory.
Mr. Calamusa is a founding member of the Gulfstream Region PCA and the proud owner of a 2008 Porsche GT3.
Our Legal Team
Meet the Supercar
Claims Team
Steve Calamusa, Esq.
Diminished Value Attorney
Gordon & Partners Shareholder
Jonathan Butler, Esq.
Diminished Value Attorney
Gordon & Partners Partner
Chris Calamusa
BOCAA/IACP Certified Auto
Appraiser
Sage Calamusa
BOCAA/IACP Certified Auto
Appraiser
contact us
Tell Us More