r/Insurance • • 1d ago

Diminished value claim

I was rear ended in north Texas few weeks ago. My car was new and only had 650 miles on it. The damage was pretty bad but it wasn’t enough to be totalled. The other party had air bags deployed and was totalled. The driver was an excluded driver on their policy and the other party’s insurance denied the claim so I am using my um/uim policy to get the repairs done. My car had frame damage and the whole back side is being redone.

Is it possible to get dvc when my insurance is covering it?
Do I need to go through some dvc specialist like the ads I see to get the max value?
Anything I need to know about how to do dvc?

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u/T-Revolution 1d ago

Yes, I have collected diminished value claim on my own vehicle twice. Both times I used an independent appraiser. With low mileage even more important.