What is diminished value?

Diminished Value is the difference in value between a vehicle with an accident history, and the same vehicle without an accident history. This is also known as "Loss of Value".

Other Diminished Value FAQs

Yes. The insurance industry would hope you didn't. However, our experience shows that if you have a professional company representing you in your claim, you will most likely end up collecting.

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Not if the other party was at fault. The money is collected from their insurance company, not yours.