When your vehicle is damaged in an accident, even after repairs, its market value may drop. This drop is called diminished value—and it can mean real financial loss.
If the accident was not your fault, you may be entitled to file a diminished value claim. This claim can help you recover the difference between your car’s pre-accident and post-repair value.
What is a Diminished Value Claim?
A diminished value claim refers to the loss in resale value of a vehicle after it has been in a crash and repaired. Even high-quality repairs do not erase a car’s accident history. Buyers often pay less for a vehicle that has been in an accident.
There are three common types of diminished value:
-
Inherent Diminished Value: The most common type. It refers to loss in value simply because the vehicle has a crash history.
-
Repair-Related Diminished Value: Occurs when repairs are done poorly or with non-original parts.
-
Immediate Diminished Value: The difference in resale value before and right after the accident.
Each type may affect your claim depending on the damage and repair quality.
When Can You File a Diminished Value Claim?
You may be able to file a diminished value claim if:
-
You were not at fault in the accident
-
The vehicle was repaired
-
The repairs did not restore full value
-
You live in a state that allows these claims
Both California and Arizona allow diminished value claims. However, insurance companies may not offer this information upfront. It is important to act quickly and understand your rights.
How to Prove Diminished Value
Insurance companies often deny or minimize these claims. You may need:
-
A professional appraisal
-
Pre-accident and post-repair vehicle valuations
-
Repair invoices
-
Evidence of loss in value
This process can be complex, especially when insurers push back. That is why having strong legal guidance matters.
Why Legal Help Matters
Filing a diminished value claim often involves negotiation and proof. Insurance companies may try to undervalue your claim or deny it altogether. A skilled attorney understands how to build your case and present the right evidence.
Why Choose Fielding Law
Fielding Law knows how frustrating it can be to deal with insurance after an accident. You deserve someone who cares about your loss and knows how to recover it. Our team approaches every case with compassion, clarity, and capability. We understand diminished value claims and will fight to help you recover what you are owed.
At our firm, we do not just settle for less. We take time to understand the damage—financial and emotional—and pursue the full value of your claim.
Call us today at 833.88.SHARK or fill out the contact form here.
Note: Information provided is for educational purposes and does not constitute legal advice. Always consult with a qualified attorney for legal concerns.
