Diminished Value (DV) is the reduction in your vehicle's market value after it has been involved in an accident—even if it has been repaired perfectly.

Think about it this way: if you were shopping for a used car, would you pay the same price for a vehicle with an accident history as you would for one that has never been in a collision? Most buyers wouldn't. That difference in value is called diminished value.

Your vehicle only loses value because it was involved in an accident. Had the accident never occurred, your vehicle would have retained its full market value.

This financial loss can range from hundreds to thousands of dollars, depending on the vehicle, the severity of the damage, and current market conditions.

If another driver caused the accident, you may have the right to recover your vehicle's diminished value from the at-fault driver's insurance company, depending on the laws in your state and the facts of your claim.

The purpose of liability insurance is to compensate people for losses caused by the insured driver's negligence. In many cases, that includes the loss in your vehicle's value—not just the cost of repairs.

Insurance companies collect premiums to cover valid claims arising from accidents caused by their policyholders. A properly documented diminished value claim is one type of damage that may be recoverable.

Many vehicle owners never realize they're entitled to pursue a diminished value claim, and insurance companies rarely volunteer this information.

At Auto Value Experts, we've helped thousands of accident victims determine the true loss in their vehicle's value and recover the compensation they deserve.

Request your FREE Diminished Value Evaluation today and find out how much your vehicle may have lost after your accident.

We are not lawyers, nor do we offer any legal advice.  However, we are happy to provide you with our expertise and knowledge that is based on training both in the field and by the Licensing entities in the States in which we operate.

Diminished Value is a real loss that is covered under the Federal Tort Laws.  These laws protect people from suffering a loss because of the actions of another person.  

According to the Second Restatement of Torts Section 928: “Compensation for damages to personal property can include the reasonable cost of repairs or restoration with due allowance for any difference between the original value and the value after repairs.”