On November 28, 2001, the Georgia Supreme Court made a decision regarding automobile diminished value. In short, the court's decision, made it the law that all insurance companies doing business in Georgia must assess and pay for any loss in market value for vehicles damaged in a wreck and repaired, as part of the damages of the claim. This loss in value is known as Diminished Value or DV. The above case was settled and the parties agreed to the use of a "formula" referred to as the "17C Formula".

It is important to know that the 17C "formula"
only applied to the parties of THAT court case.

Most of the insurance companies doing business in Georgia are trying to use this "formula" to settle all diminished value claims. The "formula" was written and designed by insurance companies in a way that always minimizes the amount of diminished value they will have to pay.
The "17C Formula" has no realistic basis and is completely wrong.

If you accept a diminished value payment
based on the 17C formula,
you are being ripped off!

Collision Claim Associates will provide you with information and documentation that will determine the correct amount of diminished value as well as provide detailed instruction and assistance to help you get paid.

To find out what you may be entitled to start with our free claim review.