If your vehicle has been in an accident, it is no longer worth what it was before the loss regardless of how well the repairs were. That drop in market value is called diminished value, and it’s one of the most overlooked aspects of auto insurance claims.
Most drivers don’t realize they may be entitled to compensation beyond just the cost of repairs. A diminished value claim allows you to recover the difference between your car’s pre-accident value and its post-repair market value. In many cases, this can amount to thousands of dollars left unclaimed and don’t expect the insurance companies to volunteer this information.
At Teak Claim Consultants, we help drivers across the country including Montana and the Mountain West states. We help you hold insurance companies accountable and recover the full amount you’re owed. Whether your claim was handled under your own policy or through the at-fault driver’s insurer, you still have the right to be made whole.
Why Diminished Value Matters
Even after high-quality repairs, a vehicle with an accident history is worth less in the eyes of dealerships and buyers. This loss in value becomes your financial burden unless you take action.
We create professional, data-backed diminished value reports that use real-time market comparisons to show the difference in value between damaged and undamaged vehicles of similar make, model, and mileage. These reports serve as a powerful tool in negotiating a fair settlement.
Don’t settle for less. If you’ve been in an accident, don’t assume your claim ends with repairs. Contact Teak Claim Consultants for a free, no-obligation review. We’ll help you determine the true value of your loss and fight to ensure you’re fully compensated.
“The information provided in this blog is for general informational purposes only and should not be
construed as legal or professional advice. Each insurance claim is unique, and individuals should seek
the guidance of a qualified professional for advice tailored to their specific circumstances. Additionally,
some content may have been generated with the assistance of AI. While we strive for accuracy, we
recommend verifying any information before making decisions.”
construed as legal or professional advice. Each insurance claim is unique, and individuals should seek
the guidance of a qualified professional for advice tailored to their specific circumstances. Additionally,
some content may have been generated with the assistance of AI. While we strive for accuracy, we
recommend verifying any information before making decisions.”