Diminished value, in the context of insurance, refers to the reduction in a vehicle's market value after an accident, even if the vehicle is repaired to its pre-accident condition. It is the loss of value due to the vehicle having a history of being in an accident, regardless of the quality of the repairs. This loss in value can affect the vehicle's resale or trade-in price.
Our team has been conducting DV Appraisals for insurance clients, attorneys, and the general public for over two decades. The methodology we use to determine Diminished Value has been adopted by other independent appraisers across the country. We have managed numerous Diminished Value claims over the years, including providing expert witness testimony.
If you have been in an accident that was not your fault, you might have a claim for DV. Our industry leading DV reports start at $295.00. If you believe you have a claim for Diminished Value, please contact us, and a licensed adjuster will review your case free of charge.
After the vehicle repairs are completed, please email the repair estimate to claims@iasclaimsnetwork.com to check if you qualify for a DV claim.