Diminished Value

Diminished Value Reports
Certified Reports in Minutes, Not Days

Get fast, accurate, and court-ready Diminished Value report.
No guesswork, No delays. Trusted by insurers and legal professionals.

Get Started

Request a demo

Free Estimate - No credit card required.

Diminished Value (DV) refers to the reduction in a vehicle’s market value after it has been involved in an accident, even after professional repairs. This loss occurs because a car with an accident history is typically worth less to buyers than a similar vehicle with a clean history. For example, if your car was worth $30,000 before a crash and only $25,000 after repairs, the diminished value is $5,000.

This loss in value can be significant, and if the accident was caused by another party, you may be entitled to compensation for this financial impact. Diminished Value claims help you recover the difference between your car’s pre-accident value and its value post-repair.

Why It Matters

Even with high-quality repairs, a vehicle’s accident history can deter potential buyers, affecting its resale value. Dealerships and private buyers often offer less for vehicles with reported accidents, as reflected in reports like Carfax or AutoCheck. A Diminished Value claim ensures you’re fairly compensated for this loss, which insurance companies may not automatically cover.

At SnapClaim, we simplify the process by providing certified appraisal reports in minutes, helping you recover the true value of your vehicle with a free estimate and no delays.

How SnapClaim works?

SnapClaim makes it easy to recover your car’s lost value after an accident. We provide a free estimate, a fully certified appraisal report, and a ready-to-send demand letter — all within minutes. No guesswork, no waiting.

“I had no idea my car had lost that much value after the crash. SnapClaim gave me everything I needed to file the diminished value claim — I got the report in less than an hour.”

Mark

Vehicle Owner, Colorado

Frequently asked questions:

What is a Diminished Value (DV) claim?

Diminished Value is the loss in market value a vehicle suffers after an accident, even after repairs. If your car has been in an accident caused by someone else, you may be entitled to compensation for this loss.
What Does Diminished Value Mean for My Vehicle?

Diminished Value (DV) refers to the reduction in your vehicle's market value after an accident, even after repairs are completed. If the accident was caused by someone else, you may be eligible to claim compensation for this loss, helping you recover the true value of your car.
How Is a Diminished Value Claim Assessed?

A Diminished Value claim is assessed by comparing the vehicle’s Fair Market Value (FMV) before the accident to its value after repairs. This involves a detailed analysis of market data, vehicle condition, and accident history. At SnapClaim, expert appraisers evaluate these factors to determine the reduction in value, helping ensure your claim is fair, accurate, and well-documented.
I’m a personal injury lawyer or appraiser. Do you offer partnership opportunities?

Yes! SnapClaim partners with personal injury lawyers and appraisers to support their clients’ diminished value claims. We offer tailored services, including expert reports and streamlined processes, to enhance your partnership and maximize client outcomes.
What Steps Should I Take to File a Diminished Value Claim?

To get started, gather your accident report, repair receipts, and vehicle details. go to https://app.snapclaim.com/eligibility-check for a free estimate, where you will guided through the process, including obtaining report and submitting your claim to the at-fault party’s insurance.
Will My Insurance Rates Increase if I File a Diminished Value Claim?

Filing a diminished value claim against the at-fault party’s insurance typically won’t affect your rates, as it’s not your insurance company paying out. SnapClaim ensures the claim is directed appropriately to protect your policy status.
What If the Insurance Company Denies My Diminished Value Claim?

If your claim is denied, SnapClaim can assist by providing a detailed appeal with supporting evidence. Our experts are experienced in negotiating with insurance companies to help you secure the compensation you deserve.
What is your refund policy?

If you recover less than $1000 from your claim using our report, we offer a full refund of the report cost—no questions asked. Terms and conditions apply.
How Can I Contact SnapClaim for Immediate Assistance?

You can reach SnapClaim by visiting our website at snapclaim.com or email [email protected]. Our team is ready to assist you with any questions or to start your claim process today.