The number of accidents is increasing day by day. People are always in a hurry to get to places and end up having an accident. An accident causes severe damages to the car. A person after an accident is irritated and gets into a fight with the other driver. The owner of the damaged car will ask the other driver to pay for the damages. If the driver refuses to pay for the damages, he can be taken to court. When taken to court, the judge hires an expert witness to listen to both sides of the story. The expert witness is important in such cases as he listens to both sides of the story and makes his decision. The witness has to be objective, has to honest when testifying and help the court make a decision easily. The decision made is made in favor of the person whose car has been damaged. Once the vehicle is repaired, it will never be of the same market value before its accident. After a while, people may want to sell the car. In order to know its value, they will ask an auto appraiser to inspect the vehicle and calculate its market value. The appraiser will calculate the value based on the model, the status of the car and the year it was bought. Once the vehicle is inspected, a diminished value report is sent by the insurance company. The report is an important document that has to be kept carefully as the buyer whose buying the car will want to see it. Based on the report, the buyer will offer a price that will be lower that the market value of the similar cars present in the market. It is important to drive carefully and not be reckless. It is also important to have the car insured. Insurance is important when the car has had an accident, as the insurance people pay for the damages or when it is stolen. You can also read: https://thechicagoautoappraisers.wordpress.com/2015/05/20/dealing-with-the-insurance-company-after-the-vehicle-is-totaled/.
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