File a Diminished Value Claim for Your Vehicle

Was your vehicle involved in an accident within the past five years? You may be eligible to pursue a diminished value claim, which seeks compensation for the loss in your car’s market value caused by the accident—even after it has been fully repaired. This claim is typically filed with the insurance provider of the driver who was at fault.

When a vehicle is involved in a collision, its resale value often decreases simply because it now has an accident history. Even if repairs restore the car to excellent condition, buyers and dealerships generally value it less than a comparable vehicle that has never been damaged. As a result, your car may sell or trade for a lower price than it would have before the accident.

File a diminished value claim with a local lawyer today!

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Claim Form

Click Here to Submit a Claim

Important Reminder: By submitting a claim for this class action settlement, you certify that all information provided is accurate and truthful under penalty of perjury. Claims containing false, misleading, or fraudulent details will be denied.

If you are unsure whether you meet the eligibility requirements, please visit the class action administrator’s website listed above to confirm before filing. Do not submit a claim if you are not eligible for this settlement.

If this settlement does not apply to you, feel free to explore our other active class action settlements that you may qualify to join.

Who Is Eligible?

Residents of the United States may qualify if they meet the requirements outlined below.

Proof of Purchase

Valid proof of purchase is required to submit a claim.

Settlement Overview

Additional Information

You may be eligible to recover up to $10,000 through a diminished value claim if you meet the following conditions:

• The other driver was responsible for the accident.
  The at-fault party must accept liability. If you caused the accident, diminished value compensation is typically not available.
• You know the at-fault driver’s insurance policy limits.
  Insurance limits determine the maximum amount an insurer is required to pay. Understanding this coverage helps determine whether the policy can fully cover the loss in your vehicle’s value or if additional legal options may need to be considered.
• You have a repair estimate.
  A written repair estimate should outline labor, parts, taxes, and related costs. This document provides clarity on the scope and cost of repairs before work is approved.
  The estimate should reflect that the at-fault party’s insurance is responsible for covering the repairs.
• Your vehicle is higher in value.
  Vehicles that are newer (generally under seven years old) and had no prior accident history are more likely to qualify for diminished value claims.
• Your vehicle has a clean title.
  Cars with salvage or rebuilt titles are not eligible for diminished value recovery.

A diminished value claim helps compensate for the loss in a vehicle’s market value after an accident. Even when repairs restore a car to excellent condition, its resale or trade-in value often drops simply because it now has an accident history. This loss can be especially noticeable with newer or high-end vehicles.

By filing a diminished value claim, you can seek reimbursement for this reduced value from the at-fault driver’s insurance provider. Doing so helps offset the financial impact of the accident and protects the long-term value of your investment.

Start Your Diminished Value Claim with a Local Attorney

Wondering if you qualify? If you believe you’ve been impacted by a similar issue, explore our current class action lawsuits and open settlements you may be eligible to join.

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