How to Win Your Diminished Value Claim and Get Paid What You Deserve

After an accident, your car’s value drops—even after repairs. This hidden loss, known as diminished value, can cost you thousands when you go to sell or trade in your vehicle. But here’s the good news: you can file a claim to recover that lost value. The problem? Insurance companies don’t make it easy.

What Is a Diminished Value Claim?

A diminished value claim is a demand for compensation from the at-fault driver’s insurance company for the loss in market value your car suffers after an accident. Even with flawless repairs, a history of damage makes buyers hesitant, reducing resale value. Without a claim, that money comes straight out of your pocket.

How Much Can You Recover?

The average diminished value claim is around $4,000, but some owners—especially those with newer or luxury cars—can recover $5,000 or more. The final amount depends on factors like your car’s age, condition, and the severity of the damage.

How to File a Diminished Value Claim

Filing a strong claim is key to getting the maximum payout. Here’s what you need to do:

1. Get a Certified Diminished Value Appraisal – Insurance companies require documented proof of your car’s lost value.

2. Submit Your Claim Properly – Provide the appraisal, accident details, and repair history to support your case.

3. Negotiate with the Insurance Company – Insurers often lowball offers or deny claims, so having experts on your side helps.

4. Take Legal Action If Necessary – If the insurance company refuses to pay, legal support may be needed to force a fair settlement.

   
   

   

   An accident can take seconds—but the lost value lasts forever. Don’t settle for less—claim what you’re owed!

   
   

Why Work with CrashMoney?

Insurance companies won’t hand you money easily—but at CrashMoney, we fight to get you every dollar you’re owed. Our experts handle everything from appraisals to negotiation, ensuring you get the highest possible payout. Plus, we work on a contingency basis, meaning you don’t pay unless we win your case.

Start Your Claim Today!

Don’t leave money on the table. If your car lost value after an accident, you deserve compensation.

📞 Call us now or Get Your Free Estimate in less than 24 hours! 🚗💰