Loss of Use Claims in California
If your vehicle has been damaged or totaled in an accident, you are entitled to recover Loss of Use damages from the responsible driver’s insurer. Loss of Use claims are often made in conjunction with Diminished Value claims, but can also be pursued separately.
An owner is entitled to recover the Loss of Use of their vehicle from when the vehicle is wrecked until it is repaired or settled as a total loss. Damages are determined by the reasonable cost to rent a similar vehicle for the amount of time necessary to repair or replace the vehicle.
DimValLaw.com can provide the direction and expertise you need when facing Diminished Value or Loss of Use cases in California.
Loss of Use and Diminished Value Attorneys in California
Our dedicated team of attorneys will represent you through the claim process, and offer you our expert guidance throughout.
We will help you file the claim, and get the you the value back on your car after your accident.
Professional representation matters. If you are unsure where to start or need to file a claim, our lawyers know exactly what to do.
How is Loss of Use Calculated?
Damages for Loss of Use can be significant. Most new, luxury or exotic cars, trucks or RV’s rent for hundreds of dollars a day. Repairing these vehicles can take weeks or more to complete. For example, a Ferrari’s comparable rent is about $1,000 per day. If repairs took thirty days to complete, the Ferrari’s Loss of Use would be $30,000.
Insurers often provide lesser quality rental cars as a substitute. Don’t be fooled; unless it is a comparable rental vehicle, you are still entitled to Loss of Use less a credit for whatever amount the insurer paid for the economy rental.
Get a Free Loss of Use Claim Evaluation
The diminished value attorneys at DimValLaw.com are here to help you. If you are a driver in California with a diminished value claim Russell S. Kerr and Jeffrey S. Sheldon have you covered. Don’t let insurance companies take advantage of you. Get the compensation you deserve.