How to Prove Diminished Value After Your Car Accident

Once your accident shows up on a CARFAX report that anyone can see, the record of your accident will reduce your car's value. Take two identical cars, one with a clean CARFAX and an another with a bad CARFAX, Potential buyers will choose a car that's never been damages.

In order to attack buyers, you'll have to drop your asking price, possibly by thousands of dollars. This reduction in price, caused by the accident record is called Diminished Value.

But it doesn't have to be your financial loss. The insurance company of the at-fault driver will pay for your loss of value, if you can prove it. That's where DVCHECK can help. As licensed appraisers with decades of experience, we provide the documentation you need to prove your car's diminished value. Our court approved appraisal reports will prove your lost value and meet the documentation requirements of insurance companies. The insurance companies need this documentation to support their payout.

The process is quick and easy. You simply submit your diminished value appraisal to the at-fault insurance company and they will send you a settlement check for your vehicle's lost value.