The point of car insurance is to make you whole again after an accident. But no matter how expertly repaired, a car with an accident history will likely be worth less than one without -- even if the ...

Diminished value is the difference between your car’s value before an accident and after, even if it’s repaired. Filing for a diminished claim may help you earn back some of your car’s lost market ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

A brand-new car has a high market value at the time of purchase. It may lose value once you drive it off the showroom. Your car's value may decrease as it ages and has more miles driven on it. Even if ...