PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Can I file a diminished value claim with my insurance company for my brand-new car?
"I was hit by an uninsured driver and had to file the claim through my own insurance. My car is only five weeks old. Will my insurance cover the diminished value of the car now that it has been in an accident?
"
Shannon Martin · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“It is unlikely that you will be able to file a claim for diminished value with your own
auto insurance
company, though you may be able to present a claim if you have uninsured motorist property damage (UMPD) coverage on your insurance policy.It is up to you to prove your car’s diminished value, and you will not be able to present this type of claim if your policy excludes diminished value claims.
If you do not have UMPD coverage on the policy, or if this coverage is inapplicable, you may be able to pursue the at-fault party directly for the diminished value.
Some insurance companies offer new car replacement coverage, but stipulations apply to this coverage as well.
The best course of action will be to choose a reputable repair shop that will guarantee the repairs for as long as you own the vehicle.
“
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance for Your Car
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies