Success Stories

  • Terry, I just wanted to thank you for all of your help. In small claims court the Judge awarded me the full amount of $5,000. The judge stated that because the report included local comparables and was so comprehensive it was a no brainer. He also awarded me the appraisal fee of $275.

    Jill Bell
    Houston, Texas

    Read more...
Even if you have a great auto body repair shop, a vehicle isn't the same after a crash. Unfortunately, many people don't realize they have a Diminished Value case until it comes time to sell the vehicle. Insurance companies will sometimes award a settlement even if a car has decreased value after it's been repaired. Doesn't sound fair, right?

Diminished Value is one of the auto insurance industry's best kept secrets. Some companies will automatically issue an amount for the repair, but never tell the consumer about diminished value. However, you can file a diminished value claim even after you've been awarded a settlement for the repairs. Here are a few things to keep in mind:

Always Talk to a Diminished Value Expert

Talking to a licensed diminished value expert will give you options. Most automobile appraisers work for the insurance company so it is important to have an auto appraiser that is objective and never works for the insurance company. Autoloss is a national company that has been in business for over 15 years. Autoloss never works for the insurance company so we can be objective regarding the loss in value of your vehicle. Knowing the intricacies of your diminished value claim is very important. The loss in value of your vehicle could be in thousands. Qualifications of a Diminished Value Claims

As long as you have a newer vehicle with over $500 damage you may have a diminished value claim. Smart shoppers will never purchase a wrecked vehicle unless they get a significant discount. The insurance company at fault may be legally bound to pay the diminished value but the consumer has the burden of proof to prove the loss. Diminished value legally is the value of the vehicle before the loss vs. after the loss.

The implications of collision damage might not appear until months, or even years, after the incident. Black mold hidden in the upholstery and corroded brakes that give out on the highway nine months after a storm pose serious health risks. If your vehicle has significant water damage, the diminished value might be the entire market price of the car.

Get Proactive Post-Accident

You have the right to choose your own auto appraiser. Call Autoloss today to get a free diminished value quote. Many times, the insurance company is giving the client penny's on the dollar on what their diminished value claim is really worth. It's up to you to determine the diminished value losses following an accident. Unfortunately, insurance companies have one job – to make money. They’re not going to be eager to write a check for a higher amount. Call us today so you don’t settle for less.

Terry M. Fisher, Owner, Autoloss.com
Terry M. Fisher
Autoloss.com Founder

Start Your Appraisal

Name (*)

Please enter your name.
E-mail (*)

Please enter your valid e-mail address.
Phone # (*)

Please enter your phone number.
Year/Make/Model of Vehicle (*)

Please enter the year/make/model of the vehicle.
Type of Appraisal (*)

Please select an appraisal type.
Amount of Damage (*)

Please select a range of damage.
Details / Comments (*)

Please provide details about your appraisal needs.
Re-type Number
Re-type Number
  Refresh Number
The numeric code you typed was incorrect.


Share Autoloss.com

Get your free Diminished Value Appraisal Quote now!