Value added is classically defined as the enhancement a company gives its services before offering those services to potential customers. It is used to describe instances where the company takes a ...

Diminished value is the difference between your car’s value before an accident and after, even if it’s repaired. Filing for a diminished claim may help you earn back some of your car’s lost market ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...