Diminished Value Assessment
Vehicle Diminished Value in Massachusetts
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Introduction to Diminished Value in Massachusetts
Due to a recent Massachusetts Supreme Court ruling: diminished value claims are no longer viable in Massachusetts. This is because all auto insurance policies in Massachusetts are written and approved by the state for all insurance companies in Massachusetts to follow. Currently, the Massachusetts Auto Liability Policy contains a specific exclusion for “any reduction in value”. This exclusion is in the liability portion of the Massachusetts Auto Policy which is the coverage from which a claim for diminished value would be paid.
Note: You may still be able to receive compensation for the diminished value of your vehicle, however, it would require a claim being made directly to the at-fault driver and may require you to file a lawsuit. You should seek the advice of a licensed attorney for consultation.
Order Your Report Today
Option 1 – Basic
This basic, instant auto assessment will show you how much value your vehicle has lost. Your diminished value amount will be displayed on screen instantly. Then you will see your upgrade options.
Option 2 – Plus
This is our printable u003cstrongu003eDVASSESS u003c/strongu003eDiminished Value Assessment Report. This car report can be printed for submission to the at-fault party for payment.
Option 3 – Complete
This option includes the u003cstrongu003eDVASSESSu003c/strongu003e report as in option #2, PLUS you get claim instructions, a sample claim demand letter, negotiating points and other helpful information. u003cstrongu003eOption #3 is the best value.u003c/strongu003e
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