My 2009 Odyssey was rear-ended last year by a GEICO insured. Around $3,900 worth of damage, new tailgate, new bumper skin, new bumper, paint. All cosmetic, no structural damage.
I'm ready to trade, so I get in touch with GEICO, who paid for the damage, about a diminished value claim. They assign an adjuster to it, who tells me over the phone that GEICO doesn't report to CARFAX. I didn't follow-up with him about whether this was below a particular threshold, but I thought it was odd.
Just to get an idea of what diminished value I might be able to claim, I went to the Toyota dealer to get appraised, with full disclosure that the car had been rear-ended and what had been fixed. They pulled the CARFAX, which was excellent because the car has below-average miles and has been maintained only by the Honda dealer. Since the CARFAX is clean, they didn't seem to care, and the appraisal value came out in line with multiple sources. Bottom line, I'm not seeing any diminished value.
I find it odd that GEICO wouldn't report to CARFAX. Anyone have insight as to why they don't? Maybe so it won't influence diminished value claims?