Diminished Value Claim Progressive

One thought on “Diminished Value Claim Progressive”

1. I’m sorry to hear about your accident. Filing a diminished value claim can be a bit of a process, but here are the general steps you can follow:

   1. Gather Documentation: Collect all relevant documents, including the police report, photographs of the damage, repair bills, and the vehicle’s pre-accident value. This information will support your claim.

   2. Assess Diminished Value: Determine the diminished value of your car. You can do this by using online calculators, obtaining an appraisal from a professional, or looking at similar vehicles’ sales prices in your area before and after the accident.

   3. Contact Progressive: Reach out to Progressive (or the responsible party’s insurance if they are handling it) to inform them of your intention to file a diminished value claim. Ask about their specific process and any forms you may need to fill out.

   4. Submit Your Claim: Fill out the required forms and submit your documentation along with your diminished value assessment. Be sure to keep copies of everything.

   5. Follow Up: Stay in touch with the insurance adjuster to check the status of your claim. Be persistent if you don’t hear back in a timely manner.

   6. Negotiate If Necessary: Be prepared to negotiate. The insurance company may initially offer a lower amount than you expect, so having supporting evidence will help you argue for a higher settlement.

   7. Consult an Attorney: If you run into issues or feel that you’re not being fairly compensated, consider consulting with an attorney who specializes in auto claims.

   Best of luck with your claim! Let me know if you have any other questions.

   Reply