Wreckx Information

Every year the insurance industry fails to pay more than $30 billion in diminished value obligations. Wreckx is changing that. We help drivers that have been hit by another car collect what is owed. Diminished Value (DV) is the difference between the market value of your car immediately before the wreck and after it has been fully repaired. DV depends on many factors including year, make, model and severity of damage. The loss in value is the market’s response to the risk of latent failures, faulty repairs and after factory parts. It also includes the loss in value from voided warranties, lost eligibility to be certified at trade in and the general sense the car will never be the same. All 50 states recognize the right of the not at fault driver to collect diminished value. If you were hit by another driver it is almost certain their insurance carrier owes you. The statue of limitations depends on the state but averages 3.5 years. According to census data there are 11 million auto accidents per year involving an estimated 22 million vehicles and 10.4% of all the licensed drivers on the road . Diminished value typically ranges from 10% to 25% of the pre-accident value. Wreckx services all 50 states. We start the process by giving a free no obligation assessment of your diminished value claim and walking you through your options. Call to find out how much you're owed - 855.5WRECKX