Recover Your Vehicle's Lost Value with a Diminished Value Claim
Even after perfect repairs, your car is worth LESS because of the accident history. Don't let insurance companies keep that money - you're entitled to it.
💰 The Hidden Loss Insurance Doesn't Tell You About
Example: Your 2022 Honda Accord was worth $28,000 before the accident. After $8,000 in repairs, it's now worth only $23,000 - even though it's "fixed."
That's a $5,000 loss you can recover through a diminished value claim.
How Much Can You Recover?
- • Minor accidents: 10-15% loss in value ($2,000-$5,000)
- • Moderate damage: 15-25% loss ($5,000-$10,000)
- • Severe damage: 25-40% loss ($10,000-$20,000+)
Note: Newer vehicles (0-3 years old) typically have higher diminished value claims than older vehicles.
How to File a DV Claim in Utah
- Get a Diminished Value Appraisal - Professional appraisers calculate your vehicle's pre- and post-accident value
- Submit to the At-Fault Driver's Insurance - NOT your own insurance (unless you have collision coverage)
- Negotiate the Settlement - Insurance will likely lowball you. Be prepared to negotiate or hire an attorney
- Consider Small Claims Court - If they refuse to pay, Utah small claims handles up to $15,000
⚠️ Important Utah DV Rules
- • You must NOT be at fault for the accident
- • You must file within the statute of limitations (4 years in Utah)
- • Some insurance policies exclude DV claims (check your policy)
- • The vehicle must have been worth more than $10,000 before the accident
Get Your DV Claim Evaluated
Free consultation to see if you qualify for a diminished value claim.
Free Evaluation📞 (801) 458-2478⚖️ Lawyer Can Help
Insurance companies routinely deny DV claims. An attorney can force them to pay.
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