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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. Diminished value - Wikipedia

   en.wikipedia.org/wiki/Diminished_value

   Unlike depreciation, which is an anticipated and predictable loss in value over time, ‘Inherent Diminished Value’ is a loss in value due to a specific, sudden and unexpected negative occurrence. Diminished value of an automobile following an accident may occur in one of two ways (or a combination thereof):

4. Car depreciation: What it is and how it works - AOL

   www.aol.com/finance/car-depreciation-works...

   Depreciation can reduce your car’s value by between 10 and 15 percent each year. ... Condition: If your car has been in an accident, or received scratches and other damage along the way, ...

5. Total loss - Wikipedia

   en.wikipedia.org/wiki/Total_loss

   Diminished value is the reduction in a vehicle's market value occurring after a vehicle is wrecked and repaired, otherwise called accelerated depreciation. To collect diminished value after a car accident, insurance companies usually ask for a diminished value report.

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

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

   ACV is calculated using the car’s current market value minus depreciation on the vehicle. ... Determine other factors that can raise or reduce your car’s value, such as location, accident ...

7. Diminution in value - Wikipedia

   en.wikipedia.org/wiki/Diminution_in_value

   After car accidents, the right to claim diminution in value depends on the country or state [2] and who is at fault. [3]Major car rental companies do charge their renters for diminished value after accidents, unless the renter pays for a Damage waiver (Avis, [4] Budget, [5] National, [6] Thrifty [7]).