Diminished Value in Ohio

Ohio has a diminished value statute of limitations of two years. If a claim is filed later than two years, the ability to recover diminishment of value is lost. You will be unable to submit a claim for DOV if you were the at-fault party or if your vehicle was damaged by anything other than an auto collision. Ohio does have uninsured motorist coverage for diminished value. As per Ohio Section 2305.10(A)“…an action for bodily injury or injuring personal property shall be brought within two years after the cause of action accrues…a cause of action accrues under this division when the injury or loss to person or property occurs.”