QR Code Link to This Post Did you know South Dakota is 1 of 13 diminished value states? Which means you may be entitled to the diminished value of your vehicle after an auto accident. Diminished Value is the difference in the value of your car directly before and directly after collision repairs have been completed. After being repaired, your car has a bad Carfax or other vehicle history report. This is known as Diminished Value. Facts show used-car buyers in South Dakota prefer to purchase cars that were never previously damaged so your car, by comparison, is less appealing; hence, it is worth less then an undamaged vehicle just like it. If there was frame/unibody damage or air bag deployment it is worth a lot less. You can make a third-party diminished value claim against the insurance company of the driver who caused the accident The statute of limitation on diminished value claims in South Dakota is 6 years, and South Dakota does not have uninsured motorist coverage for diminished value. You can't submit a South Dakota diminished value claim if you were the at-fault party in an accident, or if the damage was caused by something other than a collision. The first step is to obtain an automobile diminished value appraisal from ADA Appraisal, we provide diminished value reports and expert witness testimony for owners of damaged vehicles. You may call
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