Trust DVAC to
Recover the True Value of Your Vehicle.
Statute of Limitations to File:
File First Party Claim:
File Third Party Claim:
Diminished Value Through Uninsured Motorist Coverage:
Small Claims Max Filing:
OUR PROVEN PROCESS
Start the process with a FREE consultation when you call us at (877) 879-0101 or fill out our Appraisal Form and we will contact you within minutes!
We analyze data to determine your vehicle’s true diminished value and deliver a quick, accurate appraisal that insurance companies can’t ignore.
We don’t stop at a report. We advise and support you through negotiations every step of the way until you receive your rightful compensation.
Diminished value in Connecticut is a critical but often overlooked factor after a vehicle accident, especially for high-end models like the BMW M440i. Even after a professional repair, an accident history can significantly lower a vehicle’s market value. For Connecticut drivers, recovering that lost value requires clear documentation, expert valuation, and a proactive approach. In […]
Read More
Diminished value of your vehicle is recoverable in third-party cases only. You can only recover from third-party at fault insurance companies and you cannot make a claim under your own uninsured motorist insurance. All drivers must carry minimum liability insurance, and the statute of limitations is 2 years from the time of the accident.2007-R-0011.
Plaintiff is entitled to recover the reasonable repair costs and any residual diminution in value.
Connecticut Case Law Proving Diminished Value:
Littlejohn v. Elionsky, 36 A.2d 52 (Conn. 1944); Stults v. Palmer, 141 Conn. 709 (1954); Damico v. Dalton, 1 Conn. App. 186 (1984); Alexander v. Bailey, 55 Conn. L. Rptr. 653 (2013); Chenevert v. Turek, 2013 WL 6671512 (Conn. 2013); Corridino v. Kovaks, et al., 2013 WL 8118969 (Conn. 2013); Sheldon v. Soucy, 2014 WL 1814279 (Conn. 2014); Bartnick v. Stehr, 2014 WL 5094332 (Conn. 2014); Muckle v. Pressley, 2017 WL 1429932 (Conn. 2017).
The true rule is that the measure of damages is the difference between the fair market value of the car before the collision and its fair market value afterwards … However, if the automobile damage may be repaired and the repairs will restore the car to substantially its former condition, the cost of repair will ordinarily furnish proper proof of the loss. Although the plaintiff’s vehicle could be driven after it was repaired, it still had diminished value because of the accident, and consequently, the vehicle was not restored to its former condition of ‘full’ fair market value.
Even after repairs, your car may lose resale value due to its accident history—known as diminished value. Many buyers avoid damaged vehicles or expect a discount, but you have the right to file a diminished value claim. Some insurance companies won’t inform you of your right to an independent appraisal and often minimize payouts. With accurate data and a strong claim, DVAC ensures you get the compensation you deserve.
You should pursue a diminished value claim once your vehicle is fully repaired to pre-accident condition. Experts calculate diminished value based on the nature of the damage to your vehicle and overall evidence of repairs. A thorough review of the final bill from the bodyshop, a visual inspection of the vehicle after repairs, and a review of the Carfax are a few important factors in determining diminished value.
Recovering diminished value from the at-fault insurance company can take as little as a few days. However, some claims may take weeks—and in rare cases, months. The timeline depends entirely on the insurance company’s diminished value policy. One thing remains constant: DVAC will stay involved throughout your DOV claim, offering advice and support.
If your vehicle has been totaled in an accident, how do you determine a fair settlement? The insurance company has their figure, and you have yours. DVAC helps bridge that gap by guiding you to a realistic, mutually agreeable number backed by comprehensive market research. We compile a total loss report that includes all of our findings and your vehicle’s actual cash value.
We equip each diminished value appraisal report with a vAuto market analysis, NADA Archival Valuation, and a complimentary Carfax. vAuto captures 100% of all U.S. sales data for any vehicle. Using this powerful tool, we compile an extremely accurate pre-accident value and assess diminished value based on the nature of your vehicle’s repair records. We also include a detailed photo file and the final bill from the body shop. Once everything is compiled, we email you a comprehensive 20–30 page diminished value appraisal report.
The IRS requires a professional appraisal for any vehicle worth more than $5,000 if you want to claim a tax write-off. While vehicles under $5,000 don’t need an appraisal, we still recommend getting one to help avoid a potential audit.
Insurance companies rely on appraisals to determine the fair market value of your collectible vehicle. A certified appraisal from a licensed appraiser strengthens your claim and helps ensure the insurer pays you the full compensation you deserve in the event of a collision.
The requirements can vary depending on your lender. Some institutions may ask for an independent appraisal to verify the true market value of the vehicle you plan to purchase.
What about “Certified Used Vehicles”?
Many dealerships now offer “Certified Used Vehicles” on their lots, but each one sets its own policies and standards for certification. In many cases, dealers look closely for even minor damage history to disqualify your trade-in from meeting their “certified” criteria. As a result, they may offer you less than if your vehicle had a clean title. DVAC can help you recover that lost value through a diminished value claim.
If an accident has damaged your vehicle and you’re concerned about its true value, call DVAC Diminished Value Appraisal Claims at 877-879-0101 for a FREE consultation. If you’re ready to start the process, start your appraisal now! You can also check out our blog for more case-specific information.
Think the Damage Was “Minor”? You Could Be Owed Thousands in Diminished Value After a collision, most vehicle owners focus on getting repairs done and moving on. But even after repairs are completed, your vehicle’s value rarely returns to its pre-accident worth—especially if structural damage is involved. This is where
Understanding Diminished Value in Nevada: A Corvette Owner’s Case After an accident, your car may never be worth what it was—no matter how perfect the repairs look. This drop in resale value is called diminished value, and it affects thousands of vehicle owners every year across Nevada. One recent case
Why Diminished Value in Kentucky Matters When a high-end vehicle like a 2023 BMW X5 is involved in a collision, even repairs performed to factory standards can’t restore its market value. In Kentucky, vehicle owners often discover that insurance settlements overlook this loss—known as diminished value. This case study reveals
