Last updated: August 18, 2025

Diminished Value & Total Loss Auto Appraisals in Missouri: What You Need to Know

Missouri drivers can recover losses for both diminished value (DV) and fair market value (FMV) claims after a car accident. Whether your vehicle was repaired or declared a total loss, state law allows you to pursue compensation for its true pre-accident value. This page explains how Missouri diminished value appraisals and total loss auto appraisals work, what laws apply, key filing steps, and how a professional SnapClaim report can help you negotiate a fair insurance settlement. For city-specific information, visit our Missouri Diminished Value Appraisal page.

Does Missouri Allow Diminished Value and Total Loss Claims?

Diminished Value (DV)

Yes. Missouri recognizes diminished value claims when supported by market evidence. If your car was repaired after an accident and you were not at fault, you may be entitled to compensation for the loss in market value between the vehicle’s pre-accident and post-repair condition. Although Missouri has no specific DV statute, courts have allowed recovery under general property damage laws when proven with credible appraisal data and repair documentation.

Fair Market Value / Total Loss (FMV)

Yes. When repair costs exceed your vehicle’s actual cash value, Missouri insurers must settle based on its fair market value before the accident. If the insurer’s offer is too low, you can request an independent Fair Market Value Appraisal using verified Missouri market data and dealer quotes.

Key Missouri Laws & Regulations

• DV recognition: Permitted under Missouri tort law when supported by evidence of diminished market value.
• FMV requirement: Missouri Code of State Regulations 20 CSR 500-1.400 — insurers must use comparable vehicles to determine actual cash value.
• Statute of limitations: RSMo § 516.120 — 5 years for property damage, including DV and FMV claims.
• Comparative negligence: Missouri follows a pure comparative fault system — your recovery may be reduced by your percentage of fault.
• Small claims: Missouri Small Claims Courts handle claims up to $5,000 (Missouri Courts).
• Insurance complaints: File with the Missouri Department of Commerce & Insurance.

What You Should Document

• Accident or police report: Obtain from the Missouri State Highway Patrol or local police department.
• Repair invoices and supplements: Include all parts lists, calibration data, and photos.
• Vehicle photos: Before and after repairs, showing VIN and odometer.
• Comparable sales data: Missouri dealership and private listings from your area (Kansas City, St. Louis, Springfield, Columbia, etc.).
• Certified Diminished Value or FMV Appraisal from SnapClaim.

Step-by-Step Claim Process

1. Confirm your claim type: Diminished Value (DV) for repaired vehicles or Fair Market Value (FMV) for total loss.
2. Gather documentation: Collect your police report, repair invoices, and vehicle photos.
3. Order a professional appraisal: SnapClaim reports use verified Missouri comparables and USPAP-compliant valuation methods.
4. Submit a demand letter: Include your appraisal and cite RSMo § 516.120 (5-year property damage statute) to support your claim.
5. Negotiate or escalate: If the insurer undervalues your claim, use your report to pursue arbitration or file in small claims court.