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).

*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).

*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).

*On average an accident damaged vehicle sustains approximately 15-30% loss in 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.


LossPay Car Accident

Diminished Value Coverage

“LIVE in Arizona!” “Coming to Texas Soon”

Protection against the loss of resale value your vehicle suffers following accident repairs.

Accelerated Total Loss Coverage

“Launching in 2024”

Allows policyholder to replace their accident damaged vehicle for a non-damaged vehicle after a loss of value has occurred. 

LossPay Car Accident

Diminished Value Coverage

“LIVE in Arizona!” “Coming to Texas Soon”

Protection against the loss of resale value your vehicle suffers following accident repairs.

Accelerated Total Loss Coverage

“Launching in 2024”

Allows policyholder to replace their accident damaged vehicle for a non-damaged vehicle after a loss of value has occurred. 

LossPay Car Accident

Diminished Value Coverage

“LIVE in Arizona!” “Coming to Texas Soon”

Protection against the loss of resale value your vehicle suffers following accident repairs.

Accelerated Total Loss Coverage

“Launching in 2024”

 Allows policyholder to replace their accident damaged vehicle for a non-damaged vehicle after a loss of value has occurred.

Why Choose Us?

  • Premier Diminished Value Provider 
    No other company offers protection against Diminished Value.  We are the only provider that protects car owners from losing money after accident repairs.

  • Protection of Assets
    Our coverage shields the policyholder from suffering a financial loss when the vehicle is accident damaged.

  • Save Time and Money
    After your car is repaired it will lose resale value. Avoid costly and risky lawsuits attempting to recoup the lost value of your vehicle.

  • We Accept Most Cars and Drivers
    If your car is valued over $50,000 and you are over 30 years of age, we will – with a few exceptions – be able to offer coverage. For Arizona and Texas, this should be available very soon, with other states to follow.

  • Convenient Payment Options
    We combine our budget-sensitive coverage plans with monthly, quarterly, semi-annual or annual payment options.

Why Choose Us?

  • Premier Diminished Value Provider 
    No other company offers protection against Diminished Value.  We are the only provider that protects car owners from losing money after accident repairs.

  • Protection of Assets
    Our coverage shields the policyholder from suffering a financial loss when the vehicle is accident damaged.

  • Save Time and Money
    After your car is repaired it will lose resale value. Avoid costly and risky lawsuits attempting to recoup the lost value of your vehicle.

  • We Accept Most Cars and Drivers
    If your car is valued over $50,000 and you are over 30 years of age, we will – with a few exceptions – be able to offer coverage. For Arizona and Texas, this should be available very soon, with other states to follow.

  • Convenient Payment Options
    We combine our budget-sensitive coverage plans with monthly, quarterly, semi-annual or annual payment options.

Why Choose Us?

  • Premier Diminished Value Provider 
    No other company offers protection against Diminished Value.  We are the only provider that protects car owners from losing money after accident repairs.

  • Protection of Assets
    Our coverage shields the policyholder from suffering a financial loss when the vehicle is accident damaged.

  • Save Time and Money
    After your car is repaired it will lose resale value. Avoid costly and risky lawsuits attempting to recoup the lost value of your vehicle.

  • We Accept Most Cars and Drivers
    If your car is valued over $50,000 and you are over 30 years of age, we will – with a few exceptions – be able to offer coverage. For Arizona and Texas, this should be available very soon, with other states to follow.

  • Convenient Payment Options
    We combine our budget-sensitive coverage plans with monthly, quarterly, semi-annual or annual payment options.

Do you have questions?

Would you like to speak with a representative?

Do you have questions?

Would you like to speak with a representative?

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.”