Diminished Value Appraisals

Diminished Value is the decrease in market value as it relates to a vehicle that has experienced a collision. There are three classifications or types of Diminished Value: 
 
    • Immediate: The decrease in value immediately following a collision. Although you cannot calculate this immediately, once there is an impact, there is a decrease in value. 
 
    • Repair-Related: A decrease in value occurs when a vehicle isn’t repaired/returned to its pre-collision condition.
 
    • Inherent: After a collision, a vehicle has a damage history. This could cause a decrease in market value. This is assuming that the repaired vehicle is now in pre-loss condition. 
 
DCI Solution’s Diminished Value Appraisal determines the Inherent Diminished Value. This diminished value is the most common and widely-used form as related to insurance claims.

What is Diminished Value?

How We Determine Diminished Value

Our Diminished Value Appraisal process is accepted nationwide. Each claim is handled by a specially trained Valuation Specialist.

1. Determine Pre-Loss Value

The first step of our Diminished Value process is determining the pre-loss value of the vehicle. Our Valuation Specialist will verify all options and information about the vehicle using our Valu-Verification technology.

3. Determine Post-Loss Value

After reviewing the repair estimate and other supporting documents our Valuation Specialist will then determine the post-loss value of the vehicle and if there is any diminishment of value.

2. Review Repair Estimate

Next, we scrutinize and review the damage repair estimate along with any other photographs or documents specific to the vehicle in question. We also review the AutoCheck® Vehicle History Report.

4. Deliver Valu-Rite® Report

When it’s all said and done, you will receive an easy-to-read Valu-Rite Report from DCI Solution. This report will clearly show what diminished value there is and how we got to that number.

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2800 Jackson Blvd, Rapid City, SD 57702

clientservices@dcisolution.com

(855) 324-5465

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