Diminished Value Desk Appraisal Request 2025

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How Much Will I Pay for a Diminished Value Appraisal? Generally, you can expect to pay from $350- $699 for a diminished value report. If you have a solid case, its well worth the expense; not getting an expert DV report can cost thousands of dollars in the long run.
How Much Does an Accident Devalue a Car? A car can lose 10% to 30% of its value after an accident, with potential losses as high as 50%. For example, if your vehicle was worth $20,000 before the collision, you could lose between $2,000 and $6,000 in value due to the diminished value claim.
Dear [Insurance adjusters name], I am writing to formally request compensation for the diminished value of my vehicle, a [Vehicle Year, Make, and Model], with the Vehicle Identification Number (VIN) of [VIN]. This vehicle was involved in an accident on [Date of Accident] at approximately [Time] at [Location].
As a general rule, you should expect to recover 10% to 20% of the fair market value of your vehicle in most cases when filing a diminished value claim.
Without a diminished value appraisal, car owners may miss out on rightful compensation for the value their car has lost. Having an appraisal in hand strengthens your case when negotiating with insurance providers, ensuring you receive the full amount youre owed.
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Diminished value represents the difference between the pre-accident value of the vehicle and the value after repairs have been made. Diminished value occurs when a post-accident car no longer has the same value on the market as an accident-free vehicle.
Most insurance companies use a formula called 17c to calculate diminished value. It starts by capping the loss at 10% of your cars pre-accident value. So, lets say your car was worth $20,000 before the accident. The most you could claim in diminished value would be $2,000, or 10% of that amount.

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