AFTER THE ACCIDENT
Clear answers to help you prepare for a diminished value assessment.
Diminished value is the loss in your car’s market value after an accident, even after repairs. Buyers may pay less for a vehicle with an accident history. The amount depends on the individual vehicle, its damage, repairs, and the market.
Yes, you can ask whether the loss in resale value has been considered. Repair costs and diminished value describe different losses. A repair payment does not by itself establish that the lost resale value was paid. Whether a claim is recoverable depends on the facts, state rules, coverage, and any settlement you signed.
Usually, yes. You may be able to seek compensation from the at-fault party’s insurer. Eligibility depends on your state, the facts of the accident, and applicable coverage. Payment is not automatic.
Do not assume your own policy covers diminished value. Review the policy and ask your insurer about its coverage and exclusions. Your state and the circumstances can also affect your options.
An online valuation can be a useful starting point. ValueBack Auto’s certified appraisers inspect your car in person to examine its individual condition, accident damage, and repairs and document the loss in market value.
Start with your VIN, mileage, accident date and location, repair status, and insurance details. Repair estimates, final invoices, damage photos, and claim correspondence can support a later review.
There is no charge to submit your request. We review your information and confirm whether we can help. We explain the scope and fees before you decide to proceed. You will not be charged until we confirm we can serve you and you agree to move forward.
For state-specific information, use the official California, Arizona, and Washington insurance resources below. An appraisal documents value; it does not guarantee insurance payment.
Request an assessment