If I was just involved in a car accident, what is the process to pursue damages for diminished value?

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If I was just involved in a car accident, what is the process to pursue damages for diminished value?

While my car is in the process of being assessed, I am concerned that regardless of the quality of repair, I will have lost considerable value just because it was involved in the accident. The car’s current KBB value is around 30K. I expect about 15K in repair costs.

Asked on January 26, 2014 under Accident Law, Delaware

Answers:

Anne Brady / Law Office of Anne Brady

Answered 7 years ago | Contributor

There is no process in place to pursue damages for diminished value merely because your car was involved in an accident.  You can recover damages to repair your car.  If you were injured, you can recover damages for medical bills, lost wages and pain and suffering, and any permanent/lingering injury.  That is it.


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