Diminished Value Claim
Document the loss in market value that can remain after collision repairs are completed.
What This Appraisal Addresses
A diminished value appraisal compares the vehicle’s market position before the accident with its position after repairs. It considers the severity and location of damage, repair documentation, vehicle specifications, history, and comparable-market evidence. The analysis is specific to the vehicle rather than based on a generic percentage.
Evidence Considered
- Accident severity and components affected
- Repair estimate, final invoice, and repair information
- Mileage, trim, options, and prior history
- Comparable vehicles and market demand
What To Send First
- Repair estimate and final repair invoice
- Accident date and claim information
- Vehicle year, make, model, VIN, and mileage
- Current and pre-loss photographs when available
- Relevant reports, invoices, receipts, and correspondence
Do not delay a policy or legal deadline while gathering documents. ProValue provides valuation services and does not give legal or tax advice.
Questions About Diminished Value Claim
Does Every Repaired Vehicle Lose The Same Amount?
No. Vehicle type, history, damage, repair quality, and the available market evidence all matter.
When Should I Request The Appraisal?
Begin once the repair information is available. Do not wait past an insurance, policy, or legal deadline while collecting documents.