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Even after repairs, a damaged vehicle loses value. We help you recover the diminished value from insurance companies.

What is Diminished Value?

Diminished value refers to the loss in a vehicle's market value after it has been damaged in an accident and subsequently repaired. Even if a vehicle is perfectly repaired to its pre-accident condition, it will almost always be worth less than an identical vehicle that has never been damaged. This is because potential buyers are often hesitant to pay full market price for a vehicle with a history of damage, regardless of the quality of repairs.

There are generally three types of diminished value:

  • Inherent Diminished Value: This is the most common type. It's the loss in value due to the vehicle having an accident history, even if repairs are perfect. The mere fact that it was damaged reduces its market appeal.
  • Repair-Related Diminished Value: This occurs when repairs are not performed to a high standard, or if there are visible signs of the repair, further reducing the vehicle's value.
  • Immediate Diminished Value: This is the difference between the vehicle's value immediately before the accident and its value immediately after the accident, before any repairs are made.

Many vehicle owners are unaware that they are entitled to claim diminished value from the at-fault party's insurance company. Insurance companies rarely offer this compensation proactively, making it crucial for vehicle owners to understand their rights and pursue a claim. Our experts specialize in accurately assessing this loss and helping you recover the compensation you deserve.

If your vehicle has been involved in an accident and repaired, it's highly likely it has suffered diminished value. Contact us for a professional assessment to understand your potential claim.

Do You Qualify for Diminished Value?

Determining if you qualify for a diminished value claim depends on several factors, primarily related to the accident, your insurance policy, and the vehicle itself. Here are the key criteria typically considered:

  • At-Fault Party: To claim diminished value, the other driver must be at fault for the accident. You typically claim diminished value from the *at-fault driver's* liability insurance policy. If you were at fault, claiming diminished value is generally not possible under your own collision coverage (unless you have a specific diminished value clause, which is rare).
  • Vehicle Type and Age: While any vehicle can suffer diminished value, newer, lower-mileage, and higher-value vehicles tend to experience more significant and recoverable diminished value. Luxury cars, sports cars, and trucks often have higher diminished value claims.
  • Severity of Damage: The extent of the damage plays a crucial role. Minor cosmetic damage might result in less diminished value than structural damage or damage requiring extensive repairs.
  • Quality of Repairs: Even if repairs are completed, if they are substandard or leave visible signs of damage, this can contribute to (or even be the sole cause of) diminished value.
  • State Laws: Diminished value laws vary by state. Some states have specific regulations or precedents regarding diminished value claims, while others are more ambiguous. It's important to understand the laws in your state.
  • Statute of Limitations: There's a time limit within which you can file a diminished value claim, known as the statute of limitations. This varies by state and typically starts from the date of the accident.

If you believe your vehicle meets these general criteria, we highly recommend getting a professional diminished value appraisal. Our experts can assess your specific situation, provide a detailed report, and guide you through the claims process to help you recover the compensation you are owed.

Don't leave money on the table. Even if your car looks perfect after repairs, its value has likely been impacted.

Our Services

Expert Valuation Reports

We provide comprehensive and accurate diminished value appraisal reports, meticulously researched to support your claim.

Insurance Negotiation Support

Our team assists you in negotiating with insurance companies, ensuring you receive the maximum compensation.

Legal & Expert Witness Testimony

If needed, we can provide expert witness testimony to support your diminished value claim in court.

Our Pricing

Self-Service Documentation

$59.99

We will provide you with all the necessary documentation and a comprehensive diminished value report for you to submit your claim directly to the insurance company. This option is perfect if you prefer to handle the negotiation yourself.

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Full-Service Claim Handling

20% of Claim

For 20% of what you receive in your claim, we will handle the entire process for you. This includes filing the claim, negotiating with the insurance company, and fighting for your maximum compensation. **No charge unless we get your claim approved and paid out!**

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About Diminished Pro

The Diminished Value experts

We are a team of dedicated automotive valuation specialists with years of experience in assessing and recovering diminished value for vehicle owners. Our mission is to ensure that you are fairly compensated for the loss in your vehicle's market value after an accident.

We understand the complexities of insurance claims and the nuances of automotive markets. Trust us to provide accurate appraisals and strong advocacy on your behalf.

Ready to Get What You Deserve?

Don't let insurance companies undervalue your claim. Contact us today for a professional assessment.

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Get in Touch

Or contact us directly via phone or email:

Phone: 970-930-1860

Email: info@diminishedpro.com