Does anyone know anything about the Diminished Value Laws in Texas on cars?
There are actually alot of mis-conceptions about this. First of all, any time an item is damaged and repaired, then you will have lost value. In Texas it is the law that you can recover this loss on an auto if you are the victim of the accident. An average accident on a regular car (ford, chevy, toyota) will cause an average loss of about $3800. They key is the method of determining the lost value. If you select a reputable, court approved company to help you determine your Diminished Value, you will be able to collect this. A Texas based company, Texas Auto Services, is the leader in this field. Visit their website and you will get ALOT of info. texasautoservices.com Good Luck!