Diminished Value

Diminished Value Reports
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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 is a Fair Market Value (FMV) report?

A Fair Market Value report estimates your vehicle’s current value based on verified market data. It’s commonly used for insurance negotiations, resale, legal cases, and total loss disputes.
What do I need to get started?

You’ll need your VIN number, mileage, repair document (if applicable), and your contact information. We’ll guide you step by step through the process.
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.
I’m a personal injury lawyer or appraiser. Do you offer partnership opportunities?

Yes! We work with attorneys, appraisers, and body shops nationwide. Partners receive access to discounted pricing, priority support, and white-labeled reports. Contact our sales team at [email protected] to learn more about how we can support your clients and streamline your valuation needs.