Chipping Away at Diminished Value Awards in Georgia Alpharetta, GA
off road white vehicle

What do you expect to get for diminished value on your vehicle? If an insurance company uses an arbitrary calculation or formula, the amount you receive may not add up to much. This is a tactic that has been used by unscrupulous insurance companies for years.

In the class action lawsuit, Mabry vs. State Farm, a formula known as 17c was used to calculate diminished value. According to this formula, the value of a vehicle is multiplied by a 10% cap, resulting in the maximum award you can receive. However, other conditions apply in the form of modifiers.

Damage multipliers and mileage multipliers further chip away at your diminished value award. As you can imagine, more serious damage and higher mileage will lead to stiffer deductions. The first issue with this formula is that insurance companies use it arbitrarily. The 17c formula only applies to the Mabry vs. State Farm case in law.

Diminished Value Formulas

This particular formula is not the only example used by insurance companies. In fact, most providers will avoid direct reference to 17c. Instead, similar calculations are used to produce the same results. Namely, vehicle owners facing shockingly low diminished value due to damage.

If you have received a diminished value award based on 17c or any other formula, do not touch that money. At Wreck Check Atlanta, we have helped countless customers claw back amounts that are justified and fair.

Our assessments are designed to identify the true diminished value of your vehicle. We produce detailed reports that support the findings of our inspectors. Wreck Check can also work in conjunction with your attorney if you are pursuing a personal injury claim.

Wreck Check Atlanta

Tactics including the use of the Mabry vs. State Farm formula are the reason we exist. Our goal is to ensure that you get treated fairly and receive the money you deserve. If you have any concerns about an insurance claim on your damaged vehicle, we are here to offer support.

Call Wreck Check Atlanta today to get a second opinion on the diminished value of your vehicle.

Posted on behalf of Wreck Check Atlanta

Our happy clients!

Wreck Check Atlanta is the leader in Post Repair Inspections, Diminished Value Assessments and detecting Improper and Unsafe Repairs. Due to our success we have many satisfied clients that would like to tell you about their experience with our company.

  • Amazing! He told me early on how much money he was going to be able to get me and he was spot on. I paid a small fee to get thousands more in my diminished value claim than the insurance company was offering. Further, RJ was very easy to get in contact with. He responded to my emails almost instantly. The whole process went by so quickly once he was involved. I would recommend him to anyone.

    Hunter Owens
  • My insurance company offered me 37 bucks in diminished value. My case was slightly complex due to the insurance companies appraiser being stubborn and difficult. It had to be escalated to an unbiased umpire for a final binding decision. I wasn't expecting for it to go this far however it did. I ended up getting close to 3K back. RJ is extremely professional and he fights for you. The only issue to me is his preferred method of communication which is by email. Which i became accustomed to because he responds more prompt that way. He generated a 30 to 40 page report. He works extremely hard and for that I'm appreciative.

    Ricky Major
  • RJ is Awesome! He got me 10x what the insurance company offered on a 2 year old accident. Also, I traded the car in 7 months ago so I no longer had it. If I could share this experience with every person I see I would. I’ve already told several family and friends, it’s really just unbelievable to me! If you have any question what so ever, I promise his fee will be the best $275 you’ll ever spend!!

    Paras Raichura
  • Very responsive and professional. Helped me through the process step by step. I know that without their help I would not have gotten any money from the insurance company, literally pennies on the dollar without Wreck Check!

    Mayra Saldana
  • RJ Sweeney is very quick, effective, and efficient. He got me more money out of my car’s value after my insurance company low-balled me. Use him!!!

    Jessica Via
  • Helped us through the process. Very responsive. We were able to get more than we originally though. Thanks, RJ!

    Dani Senne
  • This was my first time working with a diminished value appraiser and RJ Sweeney made it an amazing experience. He helped me get 10 times the amount of the original offer from the insurance company

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