# Diminished Value

_Glossary_

Canonical: https://www.claimspages.com/learn/glossary/diminished-value/

The reduction in market value of a repaired vehicle because it now has a significant damage history.

Diminished value claims seek compensation for lower resale value after quality repairs. Third party DV claims against at-fault insurers are recognized in some states; first party DV is often excluded or limited.



A luxury car with $25,000 in structural repairs sells for $8,000 less than an identical clean-title car; DV claim seeks that gap from liability carrier.