Welcome to Tea with DidiJul 22, 2019
How to calculate the value loss calculation, you can find in our article about the issues you are wondering as what are the requirements of the application loss of the vehicle. If your vehicle is involved in a damaged accident and the accident is on the opposite side, you can claim a loss of value. Requesting a loss of value for your car is a right that you are granted by law. However, there are some conditions for you to use this right.
If your vehicle has been damaged in an accident, it will inevitably result in a loss of value in the second-hand market, for which a depreciation calculation is required. The value of your vehicle will be reduced according to the damage found in the records when it is traded. You can ask the insured for the compensation of your vehicle’s loss of value.