Diminished Value Claims

Diminished value is the loss in market value that occurs when a vehicle is involved in an accident and is repaired. Even if a vehicle was repaired by a reputable collision repair center where any evidence of a wreck is undetectable, the vehicle would still carry a history report that it has been involved in an accident, which may lead to a diminished value claim.

Imagine you are shopping for a late-model used vehicle. You find two identical vehicles that are what you are looking for. These vehicles are the same year, make, and model. They have the same mileage and options. One was involved in an accident and properly repaired, and the other has a clean vehicle history report with no reported accidents.

Which one would you buy? How much cheaper would the one with an accident history have to be to consider purchasing it? Or you are trading your vehicle in, and the dealer offers you substantially less than KBB, NADA, or other book values. That's diminished value.

Auto Claim Consultants works on behalf of vehicle owners to ensure they receive proper compensation for the loss in value of their vehicle. Never trust the opinion of an insurance carrier when determining the vehicle’s loss in value. Contact Auto Claim Consultants for help with your diminished value claim.

We Use Several Proven Methods

To determine value before and after an accident. Auto Claim Consultants will handle the entire process to ensure you receive fair compensation for your loss through diminished value claims.

Requirements

You must be a 3rd party claimant (not at fault)
Own or finance the vehicle (not lease)
The vehicle typically must be a late model (5 years old or newer) with no accident history
Less than two years since the loss