Applies when a vehicle is repaired (not totaled) after an accident, but is still worth less on resale simply from having an accident history.
How it works
Pre-accident value minus post-repair market value gives the diminished value claim amount.
What this does not include
This computes the dollar gap only — actually recovering a diminished value claim typically requires a professional appraisal and, depending on the state and insurer, may involve a formal claims process beyond simply calculating the amount.
How to use this calculator
- Enter the vehicle’s pre-accident value and post-repair market value.
Frequently asked questions
Is diminished value always recoverable?
It varies by state — some states have well-established diminished value claim processes, especially for accidents caused by another driver, while others make recovery more difficult.
Does diminished value apply to my own insurance claim?
Typically diminished value claims are filed against the at-fault driver’s insurance; claims against your own insurer for your own fault accident are less commonly successful.
How is post-repair value determined?
Often through a professional vehicle appraisal comparing the specific repaired vehicle against comparable vehicles without an accident history in the current market.
