Trust DVAC to
Recover the True Value of Your Vehicle.
Trust DVAC to
Recover the True Value of Your Vehicle.
Statute of Limitations to File:
File First Party Claim:
File Third Party Claim:
Diminished Value Through Uninsured Motorist Coverage:
Small Claims Max Filling:
Diminished value is recoverable in third-party cases and through your own uninsured motorist coverage. Minimum liability coverage is required and the statute of limitations to file a claim is 3 years from the date of the accident. Title 56-Chapter 9.
Newman v. Brown, 228 S.C. 472, 477, 90 S.E.2d 649, 652 (1955)
The cost of repair plus the remaining diminution in value of the property will be the proper measure of damages.
If your vehicle is repaired, you’re legally entitled to the cost of repairs, loss of use, AND diminished value compensation for any reduction in market value.
If the insurance company does not pay after numerous steps being taken, prior to filing a small claim, there is a step called South Carolina Property Damage Arbitration which takes place in the Court of Common Pleas. To file: $10 and it is a form of legal action one can take to settle a dispute with the at-fault insurance company.
To file for arbitration, a claim and property damage form must be submitted in the Court of Common Pleas in the county where the driver resides within South Carolina. A licensed DVAC appraisal contains all materials needed to submit the claim.
Experiencing a vehicle accident is a distressing event that can leave lasting effects. It’s crucial to handle the aftermath with composure and a clear plan of action to safeguard yourself and others involved. Whether it’s a minor bump or a major collision, understanding the steps to take can significantly impact your recovery process. In addition […]
Read MoreOUR PROVEN PROCESS
Start the process with a FREE consultation when you call us at (877) 879-0101 or fill out our Appraisal Form and we will contact you within minutes!
We analyze data to determine your vehicle’s true diminished value and deliver a quick, accurate appraisal that insurance companies can’t ignore.
We don’t stop at a report. We advise and support you through negotiations every step of the way until you receive your rightful compensation.
Even after repairs, your car may lose resale value due to its accident history—known as diminished value. Many buyers avoid damaged vehicles or expect a discount, but you have the right to file a diminished value claim. Some insurance companies won’t inform you of your right to an independent appraisal and often minimize payouts. With accurate data and a strong claim, DVAC ensures you get the compensation you deserve.
Call DVAC at 877-879-0101 for a FREE consultation or Start your Appraisal now!
