After a car accident, feeling shaken up and uncertain about what to do next is natural. You may be worried about the cost of repairs, the hassle of dealing with insurance companies, and the possibility that your vehicle’s value might never be the same.
We understand how you feel, but you’re not alone. DVGOAT is a team of expert appraisers with over 25 years of experience. We can help you determine the reduced value your vehicle has suffered and file a claim with the at-fault driver’s insurance company so that you get proper compensation for the damages.
Our money-back guarantee ensures that your recovery will at least match the cost of your report. If your recovery is less than what you paid for the report, we’ll refund 100% of the appraisal fee. Trust that our team is the indicated one to get compensation worth more than the repair damages costs.
Is Delaware a Diminished Value State?
Yes, Delaware is a diminished value state, which means that if another party is at fault for causing damage to your vehicle, you can claim against their insurance for the reduced value of your car. In other words, beyond just the costs of repairs, you can claim compensation for the loss in market value your vehicle may have suffered as a result of being in an accident. It is worth mentioning Delaware does have uninsured motorist coverage for diminished value.
However, many insurance companies have found a way to pay small, diminished value amounts by valuing post-accident vehicles incorrectly. DVGOAT provides an accurate and professional diminished value report that can be presented to the insurance company to ensure you receive the total amount of money you deserve.
What is an Example of a Diminished Value Claim?
Let’s say you own a 2022 Toyota Camry worth $20,000. You are in an accident that is not your fault. The other driver’s insurance company pays for the repairs to your car, but the repairs are not perfect, and there are still some noticeable damages.
When you go to sell your car, you will have to disclose the accident to potential buyers. This will likely lower the worth of your vehicle by a few thousand dollars. This is the reduced value of your car.
In this example, you could file a diminished value claim with the other driver’s insurance company. However, you must provide them with proof of the pre-accident value of your car, the cost of the repairs, and an appraisal of the reduced value. If the insurance company agrees that your vehicle has reduced value, they may be willing to pay you a settlement.
How Do I File a Diminished Value Claim Delaware?
1. Gather the Evidence
Start by gathering all the necessary information and documentation that will serve as evidence on your behalf. These include:
Accident report.
Photos of the damage before and after repairs.
Detailed repair estimates and final bills.
Any correspondence or communication related to the accident and subsequent repairs.
2. File a demand letter with the at-fault driver’s insurance company.
Submit a letter to the at-fault driver’s insurance company stating the amount you seek. The letter should state your decreased value and provide evidence to support your claim.
3. Get a Professional Appraisal
Connect with a reputable appraiser in Delaware to assess the post-repair value of your vehicle compared to its pre-accident value. This appraisal will be crucial in quantifying your reduced value claim.
4. Negotiate with the Insurance Company
Insurance companies often want to give you a lower amount than you request or even deny it. Be prepared to negotiate and use your documentation and appraisal as solid evidence. We recommend letting your appraiser advocate on your behalf, as we have strong negotiation skills to ensure the best compensation possible.
5. Settlement Agreement
Once an agreement is reached, ensure the terms are outlined in a written settlement agreement. Double-check before signing. After that, a deadline will be given to you to receive your payout.
Why Choose DVGOAT?
DVGOAT is a team of experienced appraisers who have helped thousands of vehicle owners in Delaware get successful compensation. We are confident that we can help you too.
Here are just a few reasons why you should choose DVGOAT:
We have over 25 years of experience handling Delaware diminished value claims. We know the ins and outs of the process and can help you get the compensation you deserve.
We have a track record of customer satisfaction. We are committed to providing our clients with excellent service and helping them get the best possible outcome.
We offer a risk-free experience with a money-back guarantee. We will refund your appraisal fee if you are unsatisfied with our services.
We will ensure you recover more than the cost of the appraisal report fee. We will work hard to get you the maximum amount of compensation possible.
If you have been in a car accident, contact DVGOAT today. We can help you get the compensation you deserve.
Satisfied Clients
“Within a week of contacting DVGOAT, I had a settlement with the insurance company. Gino at DVGoat did an outstanding job helping me navigate the DV claim process, and he put everything together for me to submit. Awesome company!”
Liam Trevino
CLIENT
“After getting T-boned in an intersection by someone who ran a red light, I was furious that my new Jeep had 1 accident on the report. DVGOAT helped recover the difference in market value. Appreciate you guys!!!!”
Emilie Terry
CLIENT
“When my Range Rover got in an accident, and it wasn’t my fault, I was researching diminished value and found DVGOAT. The process was simple and totally worth it. They walked me through the whole process and helped me get a check from the at-fault insurance company to recover my vehicle’s value.”
David Beck
CLIENT
Need Help with Delaware Diminished Value Claims?
Don’t let the overwhelming feeling of a car accident stop you from getting fair compensation for the damages! Rely on DVGOAT when seeking successful auto appraisals. You can access our in-depth local market knowledge and expertise with specific laws by selecting us. Contact us today and get a free estimate!
