[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.kregerbrodish.com\/blog\/north-carolina-diminution-of-value-claims-north-carolina-diminishment-of-value-claims\/#BlogPosting","mainEntityOfPage":"https:\/\/www.kregerbrodish.com\/blog\/north-carolina-diminution-of-value-claims-north-carolina-diminishment-of-value-claims\/","headline":"North Carolina Diminished Value Claims Explained","name":"North Carolina Diminished Value Claims Explained","description":"Under North Carolina law you can recover for the loss of value to your vehicle after a\u00a0North Carolina Auto Accident.\u00a0This is true even if your car has been fully and completely prepared.\u00a0People inside the insurance industry call this type of...","datePublished":"2011-01-25","dateModified":"2026-02-16","author":{"@type":"Person","@id":"https:\/\/www.kregerbrodish.com\/blog\/author\/tom\/#Person","name":"Tom Kreger","url":"https:\/\/www.kregerbrodish.com\/blog\/author\/tom\/","identifier":37,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/989ba622d7f3c2ae5baa2975686fdc6764e9eecb9e659bfdafb16f9a6b9000f6?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/989ba622d7f3c2ae5baa2975686fdc6764e9eecb9e659bfdafb16f9a6b9000f6?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Kreger Brodish LLP","logo":{"@type":"ImageObject","@id":"https:\/\/www.kregerbrodish.com\/wp-content\/uploads\/2021\/10\/Kreger-Brodish-LLP-Logo.png","url":"https:\/\/www.kregerbrodish.com\/wp-content\/uploads\/2021\/10\/Kreger-Brodish-LLP-Logo.png","width":417,"height":225}},"image":{"@type":"ImageObject","@id":"https:\/\/www.kregerbrodish.com\/wp-content\/uploads\/2021\/12\/Attorney-team.png","url":"https:\/\/www.kregerbrodish.com\/wp-content\/uploads\/2021\/12\/Attorney-team.png","width":774,"height":373},"url":"https:\/\/www.kregerbrodish.com\/blog\/north-carolina-diminution-of-value-claims-north-carolina-diminishment-of-value-claims\/","about":["Personal Injury Law","Traffic Law"],"wordCount":678,"keywords":["diminishment of value claims","diminution of value claims"],"articleBody":"Under North Carolina law you can recover for the loss of value to your vehicle after a\u00a0North Carolina Auto Accident.\u00a0This is true even if your car has been fully and completely prepared.\u00a0People inside the insurance industry call this type of a claim a DOV claim, which stands for Diminution of Value or Diminishment of Value.You may be wondering why you would be paid money if your car has already been fully repaired. The answer is that you are being paid because your car has a blemish on its history (e.g., your accident will show up on a Carfax report) that had caused the fair market value of your car to drop (e.g., people will pay more for a comparable car with no accident history).Oftentimes the amount of your\u00a0North Carolina diminution of value claim\u00a0or\u00a0North Carolina diminishment of value claim\u00a0is quite minimal, especially if you own a vehicle that is very old or has been in several accidents. However, if you have a newer vehicle that has never been involved in a North Carolina car accident, the amount of your\u00a0North Carolina diminution of value claim\u00a0or\u00a0North Carolina diminishment of value claim\u00a0can be in the thousands.\u00a0If you would like a free evaluation on the value of your claim, contact our Durham Injury Lawyers or Greensboro Injury Lawyers.If you had a choice between two identical cars, and one car that had been in a North Carolina auto accident and one car that had never been in a North Carolina car crash, how much of a discount would you have to receive in order to be induced into buying the car with the damage history?\u00a05%, 10%, 15%, etc.\u00a0The answer will vary depending on the type of damage, the type of car, your etc., but everybody would pay less for the car that had been in the North Carolina auto wreck.\u00a0To setup a free consultation to discuss the merits of your case, you can contact a Durham Injury Attorney or Greensboro Injury Attorney.In valuing a\u00a0North Carolina diminution of value claim\u00a0or\u00a0North Carolina diminishment of value claim, many factors are considered, including:the location and severity of the damage to the automobile;the cost of the repairs to the vehicle;the age and condition of the car;the prior accident history of the automobile; andwhether the car is a collector\u2019s item or a limited or special edition.If your car has been involved in a North Carolina auto accident, you need to be sure to properly document your\u00a0North Carolina diminished value claim\u00a0or\u00a0North Carolina diminution of value claim.\u00a0To do this be sure to obtain the following information to give to your Durham Accident Attorney or Greensboro Accident Attorney:photos of the damage on the car;a copy of the final repair estimate of the damages;pictures of the repaired vehicle (after repairs are finished);Trade-in quotes from local dealerships (this is optional); andAutomobile appraisal (this is optional).A couple important aspects of\u00a0North Carolina Diminishment of Value Claims\u00a0and\u00a0North Carolina Diminution of Value Claims:You can not generally make a claim if you are at fault for the accident (e.g., your own insurance company will not pay you for the diminished value that you causedyou can only make the claim if someone else caused your accident).The insurance company that you are dealing with will almost never notify you of your North Carolina Diminution of Value Claim North Carolina Diminishment of Value Claim\u00a0(or your loss of use claim); if you want to make a claim you will have to specifically request so to the North Carolina claims adjuster.Kreger Brodish LLP\u2019s Durham Personal Injury Attorneys and Greensboro Personal Injury Attorneys handle\u00a0North Carolina Diminution of Value Claims\u00a0and\u00a0North Carolina Diminishment of Value Claims\u00a0for clients on every North Carolina accident case we handle.\u00a0Other than the cost of a North Carolina auto appraiser, there is typically zero cost to you in bringing the claim."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.kregerbrodish.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"North Carolina Diminished Value Claims Explained","item":"https:\/\/www.kregerbrodish.com\/blog\/north-carolina-diminution-of-value-claims-north-carolina-diminishment-of-value-claims\/#breadcrumbitem"}]}]