Diminished Value in Georgia

After an accident and proper repairs, a vehicle may still be worth less than it was before the crash.

This reduction in market value is called diminished value. Georgia law allows vehicle owners to pursue this loss when another driver caused the accident, but the loss must be supported with evidence showing an actual reduction in value.

How Diminished Value Is Treated in Georgia

Georgia recognizes that a vehicle can lose market value after an accident even when repairs restore safety and appearance.

Diminished value is typically pursued as part of a property damage claim against the at fault driver’s insurance company.

In some situations, depending on policy language, diminished value may also be pursued under a vehicle owner’s own coverage, but it is not automatic.

What Diminished Value Means

Diminished value is the difference between what your vehicle was worth immediately before the accident and what it is worth after repairs are completed.

Accident history alone can reduce resale or trade in value, even when the vehicle has been properly repaired.

When Diminished Value Claims Are Most Likely

• Your vehicle was damaged in an accident caused by another driver
• The vehicle was repaired to pre accident condition
• Market data shows a measurable loss in value after repairs
• You can provide documentation supporting the loss

Challenges With Diminished Value Claims

Insurance companies often argue that repairs restore full value and may dispute diminished value unless strong evidence is provided.

Appraisals, comparable vehicle listings, and documented market analysis are commonly used to support diminished value claims.

Before You Pursue a Diminished Value Claim

Diminished value claims require proof and realistic expectations.

Understanding whether diminished value applies to your specific situation helps you decide whether pursuing the claim makes sense.

Need Help Evaluating Diminished Value in Georgia

EstiVerify helps determine whether diminished value may apply and whether pursuing it is worthwhile based on vehicle type, damage severity, and market conditions.

Related topics: Georgia Repair Rights | Georgia Total Loss