Wrecked Car Damaged Vehicle Blog

RSS Grab DamageMAX RSS Feeds

Diminished Vehicle Value – The Perfect Storm for Insurance Companies

- Wednesday, March 12, 2014

Diminished Value is probably the dirtiest thing you can say to an insurance adjuster. Just say it and watch them get weird…Insurance adjusters are trained to be neutral and generally stoic by nature. It's pretty hard to "rattle their cage" unless you say the magic words "Diminished Value" or DV.

Diminished Value occurs when an automobile is involved in an accident, vandalism, storm or some other type of event where physical damage occurs.

There are three levels of diminished value:

  1. Stigma DV – the insurance companies involved will report your claim along with the settlement amount to data providers that will feed the information subsequently to CARFAX and AutoCheck. The vehicle will have a score that is impacted by this history and the value of the vehicle will depreciate up to 15% just because the vehicle was previously damaged.
  2. Frame / Structural DV – when there is physical evidence that a vehicle has been repaired extensively and the structure of the vehicle was compromised. The quality of the collision repair work is not in question, it is the fact that significant structural repairs were made to the vehicle. A good benchmark for the potential of structural DV would be collision repairs totaling to greater than $3500.00
  3. Sub-standard Repairs – physical evidence of poor quality repairs would significantly impact the value of the repaired vehicle. This compounds the DV effect as corrective repairs will be required before any estimate in DV can be ascertained.

Vehicle Data reporting sources like CARFAX & AutoCheck have created tremendous awareness, even fear and the american consumer is possessed with knowing vehicle history before they consider purchasing a vehicle. Great for CARFAX & AutoCheck, bad for insurance companies! Why? Because there are new businesses sprouting up every day to ride the Diminished Vehicle Value wave. There are companies like WreckCheck and TrueFrame that inspect previously damaged vehicles for repair quality in an attempt to restore a portion of the vehicles diminshed value. This comes at a price however, and the consumer must pay a few hundred dollars to get a certification that their vehicle was repaired properly. Sound fair to you? WRONG! You are sitting at a stoplight minding your own business and you get blasted from behind by a "texting teeny bopper" in mommy's Expedition. You are not at fault, and mommy's insurance company is quick to tell you they will be handling the repairs, but what about Diminished Value? Your vehicle is going to take a big hit in the value department and you won't be getting compensated for it?

CARFAX just announced that they will begin a classified listing service for automobiles. This will create more awareness as vehicles will only be listed "with" history reports visible for the consumer to peruse.

So if you're the victim of an accident and you believe you are not at fault, ask about being compensated for the Diminshed Value.

For more information on diminished vehicle value or to sell a previously damaged vehicle, please visit damagemax.com.

Recent Posts


buy your wreck vehicle values Sell your wrecked vehicle buy your wrecked vehicle Sell your wreck fix your car wrecker services damaged vehicle broken vehicle car into cash used vehicle accident with no insurance car accident with no insurance administrative fees value selling any vehicle repairing the vehicle Branded title vehicles car's value selling your damaged vehicle immediate cash offer car parts sell online repair a vehicle Body shops sold sell car parts cash for the car damaged cars repair the wrecked car cash offer high mileage vehicle owner retained vehicle Maximum Value for damaged vehicle settlement check old junker sell junk cars sell your damaged collision repair repair orders selling their wrecked cars sell your vehicle as-is pre-cash value sell your damaged vehicle DamageMAX.com buy damaged vehicles retained by the owner liability only repair bills Inoperable vehicles free quote trade-in value buys any car free price quote Honda buy any wrecked vehicle selling their damaged car Chicago trade-in CarBUYERUSA.com recycle car buyers value for your Damaged vehicle sell your old car damaged by collision CarFax CarbuyerUSA sell junk car retail value tow charges buy wrecked cars cars for cash storage or tow yard buy your car for cash repair check wrecked car experts Collision damaged vehicles wrecked vehicle damaged vehicle for cash leaking fluids selling your wrecked car selling a damaged vehicle auto insurance coverage sell a car cash only flood damaged cars towing company repaired buy damaged cars car for top dollar DamageMAX Difference value of the vehicle problem truck CAR-Diologist cash out cash offer on any damaged vehicle buy any car repairing your wrecked car wreck your car flood vehicles Diminished Vehicle Value Sell your car FAST vehicle for cash fast We buy damaged vehicles problem vehicle Top Dollar repair the vehicle inoperable cars fix the vehicle DamageMAX un-repaired collision Donate Your Wrecked Vehicle repairs car is not totalled diminished value repair your wrecked vehicle sell it online car is wrecked damaged vehicles vehicle for trade-in replacement vehicle vehicle's value sell damaged vehicles Sell DamageMAX your wreck buy a car money for damaged vehicles sell the vehicle old car car for sale buy the damaged vehicle insurance company selling a wrecked car 12% in diminished value buy vehicles cash out of your wrecked vehicle junk damaged vehicle replacement buyer of damaged vehicles repair providers Used vehicle values car buyer buy your car selling flood damaged cars post-crash value vehicle wrecked consumer awareness Dr. Harrington wrecked your car legal for less owner retained sell your wrecked car online car parts and components wreck we buy any car damaged vehicle world sell a damaged car buyer of wrecked cars High mileage vehicles how much it costs sell your Honda for Top Dollar wrecked your vehicle sell your car wrecked vehicles repairing the wrecked car selling totaled vehicles Trade-in Program buy your wrecked car wreck your vehicle sell your Honda how to sell a damaged car auto body collision repair sell your wrecked car Damaged Car trade in selling a damaged car salvage value wrecked auto buying a used car Call DamageMAX now! buy salvage title vehicles call DamageMAX sell vehicles sell damaged cars We Total Any Car repair your car negative carfax reports buys your wreck selling flood damaged vehicles junk cars Clean-Break TIP repairing the car diminished value trends industry insider sell the car trade their damaged car sell to damageMAX trade CarFax Reports sell your vehicle repair your vehicle vehicle value selling a vehicle top dollar for your damaged vehicle D.J. car buying business cash for your wrecked vehicle damaged vehicle purchases Problem vehicles cash for your vehicle collision repairs AAA sell your high mileage vehicle Selling your wrecked vehicle wrecked vehicle, problem vehicles reduction of resale value E15 engine damaged vehicle damaged vehicle to sell average tow & storage bill wrecked car repair an old or worn out vehicle Dr Harrington DJ Harrington sell a wrecked vehicle insurance check broken vehicles check for your wreck title processing procedures car parts for cash sell the wrecked vehicle buys wrecked cars buys any wrecked car salvage title vehicle buy your vehicle value of your vehicle sell wrecked truck buy a broken vehicle



    Does your car have body damage ?

    Number of airbags blown?

    Do you have a collision estimate?

    What is your insurance deductible?

    Is your car drivable?

    Do you have the car’s title?

    Does the vehicle have a salvage or rebuilt title?

    Does the vehicle motor run?



    Fair market value prior to accident $

    Sell my damaged vehicle
    Check for my vehicle AS-IS

    This represents a cash offer for the vehicle as described by the seller.

    Net Repair Check

    Proceeds for repairs that can be used for purchasing a replacement vehicle.

    Deductible Payment

    Amount you save if you sell the car now

    Cash Toward a New Vehicle
    Out of Pocket Expenses