
Fair Market Value Reports
Certified Reports in Minutes, Not Days
Get fast, accurate, and court-ready fair market value report.
No guesswork, No delays. Trusted by insurers and legal professionals.
Free Estimate - No credit card required.
Fair Market Value
A Fair Market Value (FMV) report estimates your vehicle’s current value based on verified market data, reflecting what it would sell for in the open market. This valuation considers multiple factors, including the vehicle’s make, model, year, mileage, condition, optional features, and regional market trends. Unlike a simple book value, FMV accounts for real-time market conditions, ensuring a precise and reliable estimate.
FMV reports are critical tools in various scenarios, such as insurance negotiations, vehicle resale, legal disputes, or when challenging an insurance company’s total loss valuation. They provide a data-driven foundation to ensure you receive fair compensation or make informed decisions about your vehicle’s worth.
Example: Total Loss Dispute
Suppose your 2020 SUV is declared a total loss by your insurer, who offers $20,000 based on their valuation. You believe the vehicle is worth more due to its low mileage and excellent condition. A SnapClaim FMV report, using current market data, shows your SUV’s value at $24,000. Armed with this report, you can dispute the insurer’s offer, potentially recovering the additional $4,000.
Why It Matters
Understanding your vehicle’s Fair Market Value empowers you in negotiations and protects you from undervaluation. Insurance companies may use outdated or generic valuation methods that don’t reflect your car’s true worth, especially for well-maintained vehicles or those with unique features. An accurate FMV report ensures you’re equipped to challenge lowball offers, invoke appraisal clauses, or navigate legal proceedings.
For example, in a total loss dispute, an FMV report can substantiate your claim that the insurer’s payout is insufficient, potentially increasing your settlement. Similarly, invoking an appraisal clause in your insurance policy allows you to request an independent appraisal if you disagree with the insurer’s valuation—our FMV reports are court-ready and designed for such scenarios. FMV reports are also invaluable for private sales, ensuring you price your vehicle competitively, or in legal cases, such as divorce settlements or estate valuations, where precise asset valuation is required.
Example: Invoking an Appraisal Clause
After an accident, your insurer estimates your car’s value at $15,000, but you suspect it’s worth more. You invoke the appraisal clause in your policy, which requires both parties to hire independent appraisers. A SnapClaim FMV report, showing a market value of $18,500 based on comparable sales in your area, supports your appraiser’s case, leading to a fairer settlement.


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.
Latest articles

Certified appraisal report in minutes.
Let us help you recover the true value of your car
Free Estimate, no credit card required.