Just as with most human progress, Tiger DV was started out of
necessity and a personal problem. Simon, our founder and CEO had
an accident. His beloved and rare orange Mustang was rear-ended in
the early morning hours by a drunk stripper high on Xanax. As
Simon researched online about what should be done after an
accident he stumbled on one obscure article about something called
diminished value. He discovered that even if a car is properly
repaired its market value still drops substantially due to
accident stigma also known as the CARFAX stigma. This loss of
market value is called diminished value.
Simon asked the car accident lawyer handling his personal injury
case about diminished value – the lawyer wanted nothing to do with
it. The lawyer didn’t do property damage cases because unlike the
high-dollar personal injury claims, several thousand dollars in
diminished value were not “worth his time”. Well, they damn sure
were worth Simon’s time.
Simon then asked his mother about diminished value because someone
hit her car three years earlier. She’s never heard of it. Simon
kept asking… his friends and relatives, Uber drivers, his barber
and anyone who would listen. Almost every new person he met - he
asked. And NO ONE has ever heard of it. Yet, diminished value
claims are common law in all fifty states, and at-fault insurance
companies are liable to cover them just like they cover things
like repairs, personal injury, rentals, loss of wages and other
things.
The more Simon learned, the more outraged he got. This wasn’t
right! Insurance companies were quietly taking advantage of
everyday drivers to the tune of literally billions of dollars a
year. Most drivers don’t even realize they’re taking a big hit on
diminished value, let alone that insurance companies must make
them whole for it.
Simon decided to something about it and Tiger DV was born. He
became a certified auto appraiser and started helping car owners
and accident attorneys with diminished value claims by providing
them with fast, fair and accurate diminished value appraisals. Today, he's a respected expert on diminished value and a published author on the subject.
SIMON SAYS: “There are few things in life more satisfying than
helping people get what they deserve!”
Wanted to personally thank you. I followed your guide and now they are sending me a check for my DV claim. Thanks again man super helpful!!!
My 2017 Hyundai Ioniq hybrid was rear-ended in early July in San Antonio, which sent my front left corner into the divider wall. Just two 15 minute phonecalls alone net me $1800 for a nearly three year old Korean commuter car with 30k miles.
