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Diminished Value claim in Oregon:
In the state of Oregon, if you are in a wreck and the accident was not your fault you are entitled to file a claim for diminished value. The following cases are pertinent to the State of Oregon and Diminished Value:
In Jose Gonzales v. Farmers Insurance Company of Oregon the Oregon Supreme Court rules that insurance consumers can collect for diminished value under their own policy unless it is specificly excluded.
Read more in the Portland Oregonian.
Dunmire Motor Company v. Oregon Mutual Fire Insurance Company, 166 Ore 690 (1941) the Oregon Supreme Court ruled that the insured was entitled to the difference between the pre and post-loss value of the vehicle and the proper repair of the car may not accomplish this result.
In Millers Mutual Fire Insurance Co. v. Wildish Construction Co., 306 Or. 102, 758 P.2d 836 (Or. 07/06/1988) the court found that with regard to real property the cost of repair is a more accurate measure of damages than diminution of value.
In order to recover the losses you must have a diminished value appraisal completed by a professional automobile appraisal company, such as Appraisal Group of America. Also, if the other party does not have insurance and you carry uninsured/ underinsured motorist coverage you may be able to claim diminished value under your policy. Appraisal Group of America can help the Oregon Consumer in many ways. Also, Appraisal Group of America’s Corporate Headquarters is in Oregon as well as the owner, Terry Fisher is a licensed Oregon Automobile Appraiser. Call 877-655-1661 or 503-655-1661 so Appraisal Group of America can help you recover your losses today. Also, the statue of limitations for filing a diminished value claim in Oregon is 6 years from the date of loss.
References and Certificates Available upon request
Oregon Diminished Value Examples
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Dear Appraisal Group of America,
Thanks for all the work. You completed a diminished appraisal for me for $10,079 on my 08 GMC Envoy and within 1 month Allstate offered me $8,000 for diminished value.
Thanks,
Rick R. - Portland, Oregon
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I called Appraisal Group of America and within 48 hours you had inspected my car and within 1 week they had negotiated a settlement for $4,202. Allstate initially only offered me $1,000. You are amazing.
Dr. Smith - Beaverton, Oregon
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I wanted to drop you a note regarding how happy I was with Appraisal Group of America’s service. After my 2003 Volkswagen was in a wreck then fixed I tried to trade in my vehicle at the local Volkswagen dealership. The Volkswagen Dealership stated with the 5 hours of frame damage from the wreck they were not able to put my 2003 vehicle on their car lot. They told me I needed to hire an attorney and fight Nationwide to get diminished value from the wreck. I almost dropped the case. Dealing with attorneys is not my favorite thing. I called a few attorneys and they all wanted to sue Nationwide Insurance Company. They also stated not to expect a payment for at least a year. I happen to look up diminished value on the internet and found Appraisal Group of America. I spoke with Monica and she stated with Appraisal Group of America’s help their clients typically get paid within 30-45 days for diminished value. I was hesitant but for the nominal fee I felt like I had nothing to lose. I knew I did not want to sue Nationwide. Within 41 days I had a check for $6,100 for diminished value. Thank you for your help and advice. Appraisal Group of America made a very painful situation somewhat painless.
Michelle Levine - Medford, Oregon
- In July 2000, my wife was in her automobile in Oregon when she was rear-ended in an accident which resulted in a $ 15,000 repair cost. This damage severely reduced the then market value of the car. As a result of his efforts, we received a settlement for diminished value in the amount of $9,000. With this kind of result and his experience in these matters, I would certainly recommend his services to anyone else who finds themselves in a similar situation.
Frederick W. Greb - Portland, Oregon
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...I can not praise or recommend Terry and Autoloss.com enough. They did excellent work for me and I can now see why it is not a good idea to assume that your insurance company will treat you fairly...
Langton Richards - Custom BMW M5 owner
Read the complete testimonial letter.
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My wife and I fell victim to a major car crash that almost took our life. Thankfully, the accident did not kill us but our car was demolished and the insurance company wanted to fix it. Appraisal Group of America advocated for me and due to a diminished value appraisal State Farm totaled my 1999 Mercedes Benz and I was able to go buy another vehicle just like it. I highly recommend Appraisal Group of America.
Mrs. Peterson - Lake Oswego, Oregon
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Monica,
Well, the insurance company called and they are cutting me a check for the
amount of $3716.00. That is the amount we had ask for and I could not be
happier. Thank you so much for the work you did for me and I will
definitely let everyone know how to go about this process and who I used to
recoop what was owed me.
Thanks,
Diana, 2005 Kia owner - Portland, Oregon
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Alex I. Poust - Portland
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Terry E. - Portland
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