Vehicle Accidents

Diminished Value

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The reduction in a vehicle's market value after it has been damaged and repaired.

In Personal Injury Cases

Even after proper repairs, a car with an accident history is worth less than one without. California allows you to claim diminished value from the at-fault driver.

Related Legal Terms

Total Loss

When a vehicle is so damaged that repair costs exceed its value, or it's impossible to repair safely.

Property Damage

Damage to tangible property, such as vehicles, personal belongings, or real estate.

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CategoryVehicle Accidents
Related Terms3

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