What is diminished value?

“Diminished value” refers to the loss in a vehicle's market value after it has been damaged and repaired. Even if a car is fully restored to pre-accident condition, it’s often worth less than it was before the incident simply because it now has an accident history. This loss can be significant, especially for newer or high-end vehicles. Insurance companies don’t always volunteer this information, but as a vehicle owner, you have the right to pursue compensation for this loss. At TrueValue Experts, we specialize in accurately assessing and recovering that lost value, helping you get what you’re truly owed.

We provide you with a quality, certified appraisal report in order to recover the value lost on your vehicle after its accident and will help you get the compensation you deserve. We will consult you free of charge. To see if you qualify for diminished value, visit our “What’s the Process?” page or contact us at 702-587-7952 or contact@truevalueexperts.com. We will be happy to assist you and answer any questions you may have.