Diminished Value
Our solution for diminished value was created by an industry veteran after spending over 20 years at a top 5 insurance carrier researching and refining their Diminished Value process, ultimately bringing tremendous value by providing loss in value amounts, if any, based on current retail market conditions for vehicles damaged and subsequently repaired; the results offer improved severity and additional defense strategies. Over the last year, he has worked with a talented team of other industry experts and developers to automate the process creating accuracy, efficiency and improving productivity in the diminished value space for the industry.
