Yes, the law does not restrict what type of vehicle diminution in value can be claimed on, it can be any type of vehicle including private cars, vans, commercial vehicles, classic cars as well as lease and fleet vehicles. Claims can be made up to 3 years from the date of accident, however this can extend further back in the case of prestige or specialist vehicles.
No, the loss in value to your vehicle happens even if your vehicle has been repaired to the highest standard. It is purely due to the fact that your vehicle has an adverse history as a result of the accident.
You cannot claim diminution in value from your own insurer for an non-fault accident. All diminution claims will be directed to the at fault insurer.
No, it will not affect your insurance as the claim for compensation will be made to the insurance company of the vehicle at fault.
Diminution is a complex subject and should only be handled by an expert in this field. Here at Manor Claim Solutions we have a team of professionals offering a hassle free service to help you make a successful claim.
The service is free of charge when used in conjunction with one of our panel solicitors. All costs are recovered, in addition to the diminution awarded, from the at fault insurer.
Everyone has the right under law to make a claim for the loss in value to their vehicle. You have to consider what you will do when you go to sell your vehicle and you are informed that it is worth less due to the accident.