Vehicle Estimating Services

Private & Confidential Assessment Reports for the Consideration of Legal Advisors (Privileged)

Our vehicle estimating services will look at the ‘Diminished Value’ value of a vehicle post-accident. Diminished Value is defined as the perceived loss in value of a car following a car accident due to the fact it was in an accident, even after repairs have been done.

If your car is damaged in a car accident, even if it gets repaired and is “as good as new”, the fact that it has a damage history, or is considered a car that has been in an accident, will make its resale value lower in the eyes of prospective buyers.

A Diminished Value Insurance Claim is when you request an amount of money from your car insurance company to compensate you for the difference between your car’s value before the repairs (prior to the accident) and its current value now that it has been repaired. This value can easily amount to a few thousand dollars for newer vehicles.

You may be able to get compensated for the diminished value following a claim, depending on the circumstances. Each insurance company has different policies. Insurance companies don’t always pay for a vehicle’s diminished value but many consumers feel that it is the insurance company’s responsibility to pay for a diminished value claim. Insurance companies will consider who is responsible for the accident to decide if they will pay a diminished value.