03/11/2026
For the most part, these claims are filed with the at-fault insurance company. If that is the case, it cannot have any affect on your insurance policy. There are, however, some instances where the claim will need to be filed under your own policy. For instance, in the event you are hit by a driver that does not have insurance or if it was a hit-and-run situation.
In these cases, the claim can be filed on your policy if you have Uninsured Motorist Coverage. Another option is filing the Diminished Value Claim on your Underinsured Motorist Coverage if the at-fault driver does not have enough coverage to cover all your damages and any other vehicles that may have been involved that they are liable for.
Keep in mind that rental car expenses also come out of the at-fault party's liability insurance coverage so the costs associated with that will also reduce the amount of coverage available to you for a Diminished Value Claim.
To get more information, you can visit us at www.dvadiminishedvalue.com or call us at 832-699-2881.
