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  2. How to file a diminished value claim - AOL

    www.aol.com/finance/file-diminished-value-claim...

    Based on this example, an auto insurer would pay out a maximum of $1,500 for a diminished value claim on this vehicle. However, based on the damage and mileage, the final calculated estimate for a ...

  3. What is the actual cash value of my car? - AOL

    www.aol.com/finance/actual-cash-value-car...

    Edmunds car value appraisal tool enables you to see your car’s value and compare it with other car values from KBB. ... the reasons behind your car’s damage and the actual damages to determine ...

  4. How To Find the True Value of Your Car — and What ... - AOL

    www.aol.com/true-value-car-number-means...

    This can include frame damage, a branded title, or serious rust. Classic Cars. ... Some popular online car value calculators include the following: Carfax. Edmunds. Kelly Blue Book.

  5. Total loss - Wikipedia

    en.wikipedia.org/wiki/Total_loss

    In many jurisdictions a vehicle designated as a total loss is sold by insurance companies to general public, auto dealers, auto brokers, or auto wreckers. The metrics insurance companies use to make the decision include the cost of the repairs needed plus the value of the remaining parts, added to the cost of reimbursing the driver for a rental ...

  6. Diminution in value - Wikipedia

    en.wikipedia.org/wiki/Diminution_in_value

    Diminution in value is a legal term of art used when calculating damages in a legal dispute, and describes a measure of value lost due to a circumstance or set of circumstances that caused the loss. Specifically, it measures the value of something before and after the causative act or omission creating the lost value in order to calculate ...

  7. Diminished value - Wikipedia

    en.wikipedia.org/wiki/Diminished_value

    Repair-related Diminished Value is the loss of market value due to improper repair of the vehicle. This type of diminished value is rare. Usually, a vehicle with frame or structural damage cannot be resold as a "certified pre-owned vehicle." Frame damage results in high amounts of Inherent Diminished Value.

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