The first question most people ask is, does diminished value exist? The answer is YES, in every state except for Michigan. It is the best kept secret in the insurance industry. In 1994 the state of Florida conducted a research study where they estimated 20 billion as the estimated amount of “uncompensated losses” of diminution of value, currently it is said that that amount could be between 60 to 100 billion dollars in 2014. When you approach any insurance company 9 out of 10 times asking about diminished value, the first response is that it doesn’t exist or we don’t do that. This is done so you don’t try to pursue the claim. When you approach the insurance company with an appraisal report for diminished value and a letter of claim, they accept and pay as the supreme courts of all states and insurance commissioners have mandated by law they must pay or will loose the ability to sell insurance in that state.

This is how it should be but how it is, now that is another story. The moto of the adjuster is Delay, Deny, Defend and this tactic makes people forget about the claim, loose patience, say something bad which they are being recorded saying or say something that can be used against them. This is why it is always better to do everything in writting, fax and or email. Be very careful of what you say to an insurance adjuster.

We service diminished value claims to all the insurance companies below and more.

Allied Insurance, Commerce Insurance Group, GAINSCO, Southern Aid and Insurance Company, Principal Financial Group, Liberty Mutual, Merchants Insurance Group, Chubb Corp., Hiscox Small Business Insurance, PEMCO, Encompass Insurance Company, Philadelphia Contributionship for the Insurance of Houses from Loss by Fire, Safeway Insurance Group, Westfield Insurance, Safe Auto Insurance Company, Applied Underwriters, RLI Corp., Protective Life, State Farm Insurance, American International Group (AIG), Kansas City Life Insurance Company, The Travelers Companies, Colonial Life & Accident Insurance Company, Auto-Owners Insurance, Lincoln National Corporation, West Coast Life, Amica Mutual Insurance, Infinity Property & Casualty Corporation, John Hancock Insurance, Western & Southern Financial Group, Selective Insurance, Modern Woodmen of America, The Regence Group, Aetna, American Family Insurance, Combined Insurance, Reliance Insurance Company, Unum, Gracy Title Company, HCC Insurance Holdings, Farmers Insurance Group, Mercury Insurance Group, Primerica, Northwestern Mutual, GEICO, Oxford Health Plans, Nationwide Mutual Insurance Company, Esurance, TIAA-CREF, Alleghany Corporation, Philadelphia Insurance Companies, Progressive, The Norfolk & Dedham Group, GMAC Insurance, Affirmative Insurance, IntelliQuote Insurance Services, Acuity, Bankers Life and Casualty Company, Chartis, Manhattan Life Insurance Company, ACE Limited, Allstate, Evergreen USA RRG, Trupanion, Guardian Life Insurance Company of America, Hanover Insurance, White Mountains Insurance Group, New York Life Insurance Company, First Insurance Company of Hawaii, CNA Financial, Cincinnati Insurance Company, Prudential Financial, Country Financial, Grange Mutual Casualty Company, National Life, West Bend[disambiguation needed], Penn Mutual, Sentry Insurance, Pacificare, Ameritas Life Insurance Company, 21st Century Insurance, OneBeacon, Jackson National Life, Sun Life Financial, Standard Insurance Company, Pacific Life, Western Mutual Insurance Group, American Automobile Association, Symetra, Knights of Columbus, MetLife, Arbella Insurance Group, Omega, The Hartford, Physicians Mutual, Erie Insurance Group, Markel Corporation, Safeco, Aflac, Kentucky Farm Bureau, FM Global, AXA Equitable Life Insurance Company, New Jersey Manufacturers Insurance Company, Shelter Insurance, Assurant, Berkshire Hathaway, K&K Insurance, American National Insurance Company,, Conseco, American Income Life Insurance Company, QBE, USAA, Mutual of Omaha, Federated Mutual Insurance Company, Assurity Life Insurance Company, Genworth Financial, General Re.

American Insurance Advocate Group – The Diminished Value Experts