This is because of concern that some problems may have gone undetected.
Amount
The fact that a car has been wrecked can diminish its value by as much as 18 percent.Insurance
Diminished fee is the anomaly between what a van that has been wrecked is cost and what it would own been payment had it never been wrecked, according to Bankrate. This intersect occurs still provided the Car is repaired to a skilled as late example.
Reason
The judgment this cut in payment occurs is that any imaginable buyer can evaluation a machine narration advantage and will not be willing to pay as much for a car that has been in an accident as one that has not.
Most auto insurance companies will not compensate the owner of the wrecked car for diminished value unless state law requires them to do so. Some states, such as Texas, Maine, South Carolina and Delaware do not require insurance companies to compensate for diminished value. Others, such as Georgia and Kansas do require payment for diminished value. A third group of states, such as Louisiana, may allow recovery if the owner is not at fault and the other driver's insurance pays the claim.
