Diminished Value Alliance

Diminished Value (DV) refers to the reduction in a vehicle’s market value after it has been damaged and repaired. Even with high-quality repairs, most buyers are unwilling to pay the same price for a previously wrecked vehicle, resulting in a loss of value.

 

Do You Qualify

For A Diminished Value Settlement?

At Diminished Value Alliance (DVA), we aim to help automobile owners recover the financial loss that occurred due to an accident. The majority of automobile owners don’t know that even if their car is repaired, its market value goes down significantly due to its accident history. The insurance companies don’t normally inform policyholders about diminished value (DV) claims, so car owners  lose money when they sell or trade-in their automobile.

At DVA we match vehicle owners with the experts who can help them navigate the  process of recouping their cars lost value. With our network of licensed appraisers, insurance negotiation specialists, law firms, and consumer advocacy groups, we ensure that our clients receive the compensation they deserve.

Whether you need a professional diminished value appraisal, assistance with the claims filing process, or legal representation to fight a denied claim, DVA is your partner in maximizing your potential for recouping any lost value you deserve. Our mission is to equip automobile owners with the tools, knowledge, and expert contacts necessary to work through the insurance company red tape and obtain fair compensation.

BENEFITS OF WORKING WITH US

How We Help You Recover Losses

At DVA, we provide guidance, expert referrals, and essential resources to ensure that car owners are not left absorbing the financial burden of an accident following repairs.

Our Expertise Include:

Certified Diminished Value Appraisers – We connect you with reputable industry professionals who determine the exact market depreciation of your vehicle.

Insurance Negotiation Experts – Claim specialists assist you in filing and negotiating diminished value claims, ensuring you receive a fair payout.

Legal Experts & Law Firms – If your claim is unfairly denied or undervalued, we refer you to attorneys who specialize in fighting for your rights.

Market Data – we provide customizable diminished value market data and custom analytics that allows for better, faster, and more informed decision-making.

We take the guesswork out of the process, helping you maximize your claim and assist you in recovering the funds that you deserve.

What Every Car Owner Should Know ABOUT DIMINISHED VALUE

When a vehicle gets into an accident, its market value is reduced—sometimes by a lot—even when it is restored to its pre-accident condition. Diminished value (DV), one of the least understood financial consequences of auto accidents, is overlooked by insurance companies that cover repairs but ignore the depreciation because of the difficulty of calculating the true post accident value.

Key Facts About Diminished Value:

  • Cars with an accident record depreciate by 10-30% relative to equivalent, undamaged models.
  • More than 50% of car buyers inherently devalue cars with previous accident records, believing they will have underlying problems or be hard to resell.
  • Third party buyers and dealerships pay substantially lower prices for cars with accident reports, regardless of the repair quality.
  • Insurance companies rarely inform customers of their right to recover diminished value, and most car owners are not aware of the possible settlement payments.
  • Accident-reporting companies permanently document crashes, so a car’s diminished value stays with it forever.
  • The majority of insurance claims include coverage for repair cost but disregard the vehicles’ market depreciation. 

The Hidden Cost of Accidents and Why You Should Care

Most car owners think that once their car is repaired, its value remains the same. Nothing can be further from the truth. Even after high-quality repairs, a car’s accident history is a public record that makes it less attractive to future buyers and dealers, reducing its value.

How Diminished Value Affects You:

Decreased Trade-In and Resale Value – Potential buyers of cars are apprehensive about vehicles with an accident history, meaning lower bids from private buyers and dealerships. 

Loss of Equity in Your Vehicle – If you have a loan on your car, you could end up owing more on the loan than the car is worth after an accident. 

Limited Insurance Payouts – Insurers are only concerned with repair costs, ignoring the long-term financial impact of a vehicle’s depreciation.

Potential Negative Equity for Lease and Loan Owners – Owners who lease a car may be liable for the loss in value at the end of their lease, and owners with a loan may have trouble refinancing or trading in their vehicle. It has been statistically established that over 60% of drivers are unaware of diminished value claims, so the insurers typically get away with not properly compensating vehicle owners for their losses.

Why Work with Us

Call for Free Consultation

1 (800) 619-6961

At Diminished Value Alliance, we are committed to helping you recover the true value of your vehicle after an accident. Unlike insurance companies that often overlook diminished value claims, we fight to maximize your compensation.

Get in touch

Have questions or need help with your diminished value claim? Our experts are ready to assist you! Contact us today for a free consultation and let’s get you the compensation you deserve.