*On average an accident damaged vehicle sustains approximately 15-30% loss in resale value.
Diminished Value Insurance
When a vehicle is damaged in an accident and repaired, its resale value may be less than that for a comparable vehicle that has not been damaged. It’s called Inherent Diminished Value (or vehicle Loss of Resale Value).
Diminished Value Insurance
When a vehicle is damaged in an accident and repaired, its resale value may be less than that for a comparable vehicle that has not been damaged. It’s called Inherent Diminished Value (or vehicle Loss of Resale Value).
About Us
LossPay, Inc. provides automobile coverage that addresses the Inherent Diminished Value a vehicle suffers following an accident once repairs are completed. Most car owners are not aware their car insurance policy doesn’t cover them for loss of value. We are the world leader in addressing this global phenomenon for vehicles valued at $50K and higher.
About Us
LossPay, Inc. provides automobile coverage that addresses the Inherent Diminished Value a vehicle suffers following an accident once repairs are completed. Most car owners are not aware their car insurance policy doesn’t cover them for loss of value. We are the world leader in addressing this global phenomenon.
Why Choose Us?
Why Choose Us?
Why Choose Us?
What Car Owners Are Saying
“It wasn’t until after my car accident that I realized my car would not sell for as much as it would have if it had not been accident damaged…”
“I have been driving for over 10 years and never knew my car insurance didn’t fully cover me (financially) if there was an accident. “
“I never thought about losing value in my car in case of an accident. I am lucky to have heard about this product before I actually needed it.”
What Car Owners Are Saying
“It wasn’t until after my car accident that I realized my car would not sell for as much as it would have if it had not been accident damaged…”
“I have been driving for over 10 years and never knew my car insurance didn’t fully cover me (financially) if there was an accident. “
“I never thought about losing value in my car in case of an accident. I am lucky to have heard about this product before I actually needed it.”
What Car Owners Are Saying
“It wasn’t until after my car accident that I realized my car would not sell for as much as it would have if it had not been accident damaged…”
“I have been driving for over 10 years and never knew my car insurance didn’t fully cover me (financially) if there was an accident. “
“I never thought about losing value in my car in case of an accident. I am lucky to have heard about this product before I actually needed it.”