Vehicle Diminished Value Calculator
Calculate your vehicle's diminished value after an accident.
$
Fair market value before the accident
Diminished Value = (Vehicle Value * 10%) * Damage Multiplier * Mileage Multiplier
Example: $30,000 car with moderate damage (20% factor), 10% base loss = $600 diminished value claim
What is diminished value?
Diminished value is the loss in market value of a vehicle after it has been in an accident and repaired. Even with perfect repairs, accident history reduces resale value.
What is the 17c formula?
The 17c formula is a method used by insurers: Start with 10% of vehicle value as base, then multiply by damage severity (0-1) and mileage modifier (0-1).
Can I claim diminished value?
In most states, you can claim diminished value from the at-fault driver's insurance. Georgia is the only state requiring insurers to pay DV claims from your own policy.
📐 Formula
Diminished Value = (Vehicle Value * 10%) * Damage Multiplier * Mileage Multiplier
📝 Example Calculation
Example: $30,000 car with moderate damage (20% factor), 10% base loss = $600 diminished value claim
❓ Frequently Asked Questions
What is diminished value?▼
Diminished value is the loss in market value of a vehicle after it has been in an accident and repaired. Even with perfect repairs, accident history reduces resale value.
What is the 17c formula?▼
The 17c formula is a method used by insurers: Start with 10% of vehicle value as base, then multiply by damage severity (0-1) and mileage modifier (0-1).
Can I claim diminished value?▼
In most states, you can claim diminished value from the at-fault driver's insurance. Georgia is the only state requiring insurers to pay DV claims from your own policy.