Eligibility
Who May Qualify?
There’s no universal guarantee. Eligibility depends on the facts of your specific accident, vehicle, and state. Here’s what tends to matter most.
Stronger Claims Often Involve
- Newer vehicles
- Lower mileage
- Higher vehicle value
- Moderate or major accident damage
- Clean pre-accident history
- Completed repairs
- A clear responsible party or applicable insurance coverage
May Have Little or No Measurable Diminished Value
- Older vehicles
- High-mileage vehicles
- Vehicles with prior damage
- Salvage-title vehicles
- Lightly damaged vehicles
It Varies by State
Rules Aren’t the Same Everywhere
Third-Party Claims
Filed against the at-fault driver’s insurance. This is one of the most common types of diminished value claims.
First-Party Claims
Filed through your own policy. Availability depends heavily on your state and your specific coverage terms.
Filing Deadlines
Time limits for filing a diminished value claim vary by state and by insurer, another reason to check sooner rather than later.
Not sure? Let us review it for free.
The only way to know if your vehicle has measurable diminished value is a free review. There’s no cost to check and no obligation to move forward.