Скачать или смотреть Colorado Diminished Value Claims Explained

After a Colorado crash, your vehicle can lose market value even after quality repairs. That loss is called diminished value (DV). This video covers when DV is recoverable in Colorado, the evidence you need, a step-by-step filing process (with deadlines), and why a professional appraisal helps you settle faster and for the correct amount.

Quick answers (Colorado):

Third-party DV (at-fault driver’s insurer): Yes, recoverable when documented with market evidence.

First-party DV (your collision/comprehensive): Usually not covered unless your policy expressly includes it.

Statute of limitations: 3 years for motor-vehicle property damage (incl. DV).

Small Claims Court cap: Up to $7,500 (or file in County/District Court for more).

Comparative negligence: Your recovery is reduced by your fault and barred at ≥50% fault.

What you’ll learn:

CO law recognizing DV and how it’s measured (pre-loss vs. post-repair value)

What to collect: crash report, repair file, photos, comps, and a DV appraisal

Exact steps to file and negotiate with the liability carrier

How to respond to “formula” methods (e.g., 17c) with real market comps

When to escalate to the Division of Insurance or Colorado courts

Get a professional appraisal (built on Colorado market comps):
Order a SnapClaim Diminished Value Report → https://app.snapclaim.com/get-report/...
DV overview → https://snapclaim.com/diminished-value/
Total loss (FMV) appraisals → https://snapclaim.com/fair-market-value/
Money-Back Guarantee → https://snapclaim.com/money-back-guar...
DV laws by state → https://snapclaim.com/diminished-valu...