MARYLAND DIMINUTION OF VALUE CLAIMS ATTORNEY

Why The Silber Law Group for Diminution Value Claims?

The Silber Law Group can help you with your diminution of value claims and cases. The Silber Law Group has specialized in diminution claims for over 25 years and have been ranked as a leading firm in this area of law by leading legal directories.

What is Diminution of Value Claims?

Diminished Value or D.V. is the amount of loss a vehicle incurs because it was involved in an accident. DV can be defined in the difference in value of a vehicle just prior to an accident and the value after it has been repaired.

Vehicles lose their deprecation of value because the vehicle was involved in a collision, which makes it damaged and less desirable. The car might have future mechanical issues or it’s appearance might be altered due to the accident.

We work to create value in our clients claim by bringing in experts to testify in their DV cases.  It creates tremendous value in their cases rather than just settling out of the courtroom. We pursue these DV claims from the claim process all the way into the courtroom (litigation).

There are two types of diminished value claims:

First-Party Claims: First party claims are made by the vehicle owner or whom holds the policy against his/her own insurance company to recover the difference in the value of the vehicle before the collision and value of the vehicle after the damage caused by collision had been repaired. This sort of claim is typically governed by contract law and the terms of the insurance policy. When a vehicle is damaged, a policyholder generally expects to compensated entirely per value by its first-party property insurer, but an insurer is legally responsible only to pay according to the policy terms.

Third-Party Claims: These are claims made by the owner of a vehicle against a third-party tortfeasor (person other than the insured and insurer) for negligently causing damage to the owner’s vehicle. This type of claim is governed by tort law.

If your vehicle has been in an accident, contact The Silber Law Group right away. You may be able to collect for this loss of value from the insurance company.

To schedule an evaluation of your case, contact The Silber Law Group today.

WAS YOUR VEHICLE INVOLVED IN A COLLISION?

Talk to us! We promise we can help you! Call Now! (301) 787-8811

We offer many legal services, let's determine together

WHAT IS RIGHT FOR YOU

THE SILBER LAW GROUP CAN HELP YOU

ENSURE YOU ARE PROTECTED IF YOU ARE CHARGED WITH AN ALCOHOL OFFENSE

  • DUI
  • DWI
  • Minor in Possession (MIP)
  • Public Intoxication

An essential step in protecting your future if you are charged with an alcohol related crime is to contact a Maryland criminal defense attorney. Here at the Silber Law Group, we have the knowledge and experience to create such protection for you. With over 25 years of expertise in the Maryland judicial system, the Silber Law Group should be your number one choice for an attorney.

HAVE YOU BEEN INJURED AT THE WORKPLACE?

PERSONAL INJURY CASES

Accident victims may find that they are taken advantage of by insurance companies. Those who experience an injury are at their most vulnerable time following the incident. It is best after a traumatic incident to contact a law firm to handle litigation. Personal injury cases may fall under tort law including work injuries, automobile and other accidents, defective products, medical mistakes, and slip and fall accidents.

The Silber Law Group will protect your rights by immediately taking over all communication with the insurance companies. We will preserve evidence and document all facts of the case while they are still fresh. You will be in great hands.

Contact us and we will work with you to determine what is right for you.

IT MIGHT BE TIME FOR YOU TO GET HELP

WHEN SHOULD YOU HIRE AN ATTORNEY?

When it comes to workers’ compensation, hiring an attorney early in the process helps ensure that you have more options available to you than what might be available later in the workers compensation process. Not all injuries are covered by the Workers’ Compensation Law even if the injury happened “on the job.” In Maryland, in order for an injury to be covered,  the harm suffered by the employee must have been caused by an “accidental personal injury”. Contact the Silber Law Group today to make sure you are protected.