Calculate your vehicle's diminished value instantly using the industry-standard 17c Formula
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Everything you need to know about diminished value claims
Diminished value is the difference between your vehicle's market value before an accident and its value after repairs. Even with proper repairs, a vehicle with an accident history is worth less than an identical vehicle with a clean history.
The 17c formula (also known as the Georgia Diminished Value Formula) is the industry-standard method used by insurance adjusters. It calculates: Base Value × 10% Cap × Damage Multiplier × Mileage Multiplier to determine the diminished value of a vehicle.
Generally yes, if you're not at fault for the accident. Requirements vary by state, but if another driver's insurance is covering your repairs, you typically have the right to claim diminished value. Consult with a qualified attorney for your specific situation.
This calculator uses the same 17c formula used by insurance adjusters nationwide. However, actual diminished value can vary based on market conditions, repair quality, and other factors. For a formal appraisal, consult a certified vehicle appraiser or attorney.
While not always required, an attorney experienced in diminished value claims can significantly increase your settlement. They understand negotiation tactics and can ensure you receive fair compensation. Many work on contingency, meaning they only get paid if you win.