How to File a Diminished Value Claim in Florida
Oct 24, 2025
If your car has been in an accident, even after it’s repaired, its value often drops. This loss is called diminished value, which means your car is worth less now than it was before the accident.
The good news is that in Florida, if the accident wasn’t your fault, you may be able to recover that lost value by filing a diminished value claim.
Let’s talk about what that means, how to do it, and how real drivers have successfully recovered thousands with help from My Fair Claim.
What Is a Diminished Value Claim?
A diminished value claim helps you recover the difference between your car’s market value before an accident and after it has been repaired.
Even if your car looks brand new again, buyers can see its accident history on Carfax or other vehicle history reports, and that lowers its resale or trade-in value.
For example, if your SUV was worth 30,000 before the accident and now it’s valued at only 25,000 because of its accident record, the 5,000 loss is your diminished value. That’s what you’re entitled to claim from the at-fault driver’s insurance company.
Can You File a Diminished Value Claim in Florida?
Yes, Florida law allows you to file a diminished value claim, but there are a few conditions.
You must not be at fault for the accident.
The other driver’s insurance must cover the damages.
Your car’s market value must have actually dropped because of the accident.
You must file your claim within Florida’s four-year statute of limitations for property damage.
If you were the one at fault, or if you’re filing under your own collision coverage, your insurance won’t cover diminished value. These claims only apply in third-party situations.
Step-by-Step Guide to Filing a Diminished Value Claim in Florida
Gather Your Documentation
Start by collecting all your documents related to the accident and repair. This includes the repair invoices, before-and-after photos of your vehicle, the police or accident report, your VIN number, and proof of your car’s pre-accident value, such as comparable vehicle listings.
This evidence forms the foundation of your claim.
Get a Professional Diminished Value Appraisal
This is where most people turn to experts like My Fair Claim. A professional appraiser evaluates your vehicle’s make, model, age, mileage, and the extent of damage to determine how much value your car has actually lost.
You’ll receive a detailed diminished value report that shows exactly how much money you’re entitled to recover.
File the Claim with the At-Fault Driver’s Insurance
Once you have your report, contact the at-fault driver’s insurance company. Tell them you want to file a diminished value claim for your vehicle.
They’ll ask for supporting documents such as your appraisal report, repair receipts, and accident report. Submitting these documents promptly helps speed up the process.
Negotiate the Settlement
Insurance companies may initially offer a lower amount or try to deny your claim. Stay calm, provide your evidence, and use your appraisal report to support your claim.
This is another stage where My Fair Claim’s expertise can make a huge difference. Their team knows how to present your case effectively and negotiate fair compensation on your behalf.
Get Paid for Your Loss
Once your claim is approved, the insurance company will issue payment for your vehicle’s lost value. It’s not just about the money, it’s about getting back what you rightfully deserve after someone else caused the loss.
How My Fair Claim Helped a Florida Driver
Let’s look at a real experience from a My Fair Claim customer in Florida.
Maria from Tampa was hit at a red light, and although the other driver’s insurance paid for all her repairs, her dealership later told her that her car’s trade-in value dropped by about $6,000 because of the accident history. She had no idea she could claim that loss.
After contacting My Fair Claim, she received a professional diminished value report within a few days. Their team handled all communication with the insurer, and within three weeks, Maria received a check for $5,800.
She said, “I didn’t even know diminished value was a thing until I found My Fair Claim. They made the process simple and got me back what I truly lost.”
Here Are Some Common Mistakes You Need to Avoid
Avoiding these common errors can help you maximize your payout.
Not getting a professional appraisal.
Filing too late.
Accepting a low initial offer.
Trying to claim under your own insurance when you were at fault.
Why Choose My Fair Claim?
My Fair Claim has helped countless Florida drivers recover thousands in lost vehicle value. They understand the state’s laws, handle all the paperwork, and negotiate directly with insurers so you don’t have to.
Their appraisers use proven valuation methods and know how to build claims that stand up to scrutiny. Whether your car is a luxury model or a daily driver, they can accurately assess your true loss and fight for your full compensation.
Our Key Takeaway
Filing a diminished value claim in Florida doesn’t have to be confusing or stressful. With the right documentation, a professional appraisal, and guidance from My Fair Claim, you can recover the value your car truly lost.
If you’ve been in an accident in Florida within the last few years and weren’t at fault, you may still qualify for a diminished value claim.
Contact My Fair Claim today to find out how much your car’s value has dropped and start your claim before it’s too late.