Car insurance companies save over a billion dollars each year by denying and reducing accident victims’ property damage claims.
How can they do this?
Most property damage claims are made without the assistance of a lawyer. The auto insurance companies do not consider it their responsibility to assist or educate claimants regarding their property damage rights.
Additionally, some auto insurance companies discourage auto body repair shops from informing their customers they may have a diminished value claim.
As a result, many auto accident victims are not being properly compensated for their damages.
For example, the average diminished value claim is $3,500, but many claimants don’t know if they qualify to receive such a claim.
Most vehicles less than 5 years old and with less than 100,000 miles experience diminished value after being involved in a collision. Diminished value simply means that the vehicle’s trade-in or resale value has been “diminished” as a result of being in an auto accident.
With approximately 4.8 million non-injury passenger vehicle accidents annually, this is an “Access to Justice” issue for millions of claimants each year.
Car Crash Specialists solves this “Access to Justice” problem by assisting auto body shops in Arizona with processing their customers’ diminished value claims at no cost to either the auto body shop or their customers.
In the event that a customer hires Car Crash Specialists to make a diminished value claim, it is on contingency fee basis, meaning that if there is No Recovery, there is No Fee.
If a contingency fee is earned by Car Crash Specialists, some amount may be paid to the auto body shop for their assistance with the diminished value recovery, on a case by case basis.
Car Crash Specialists is able to offer this new service in Arizona because of legal technology, automated legal documents, and new ethical rule changes that allow greater Access to Justice.
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*Disclaimer: This article provides general information and should not be taken as legal advice. Answers to questions or comments do not form an attorney-client relationship. This article is an advertisement.