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Diminished Value Claim

Diminished Value Appraisal

Inherent Diminished Value is the sudden and unforeseen  loss in value”,  as a result of a vehicle being involved in an accident and subsequently repaired.  Inherent DV is the difference in the resale value of a vehicle immediately before the loss and then immediately after the repair.  In spite of an optimal collision repair, DV is the amount that would need to be taken off the retail value of your car resulting from the collision and repair.

The laws and regulations regarding Diminished Value vary by State.  Please consult a qualified attorney, your insurance representative, or the Office of the Insurance Commissioner for specific regulations.

If the answer is yes to any of the following questions, you may be entitled to Diminished Value.

Making a diminished value claim can be a difficult and lengthy process.  The Insurance Company will require proof that your claim did result in a loss of value of your vehicle before you gain any compensation.  To prove your loss in value, be sure to obtain a proper diminished value appraisal from a qualified diminished value expert.

IAS will take the time to explain the process and assist you in getting the compensation you are entitled to.