Diminished Value Claim Percent Estimate Calculator
Evaluate caller explicitly calibrated severity×mileage diminished-value scenario in exact minor units, no universal 17c rule, valuation appraisal or claim entitlement.
Description
A calibrated diminished-value scenario scales pre-loss value by severity and mileage factors.
A calibrated diminished-value scenario scales pre-loss value by severity and mileage factors. Both factors are explicit user inputs.1
The returned values include Caller modeled diminished value minor. The How section below explains the calculation, input rules and interpretation.
When to use Diminished Value Claim Percent Estimate Calculator
Use Diminished Value Claim Percent Estimate Calculator when you need to evaluate the supplied records under the calculation and evidence rules below. No universal 17c rule, appraisal or claim entitlement is supplied.
Prepare the observed policy, claim or quote evidence and independently verified policy tables. Monetary fields use integer minor units in one currency: for a currency with 100 minor units per major unit, enter 12345 for 123.45. One basis point is 0.01 percentage points, so 10000 basis points represents 100%.
How to use Diminished Value Claim Percent Estimate Calculator and understand its results
- Prepare the observed policy, claim or quote evidence and independently verified policy tables. Monetary fields use integer minor units in one currency: for a currency with 100 minor units per major unit, enter 12345 for 123.45. One basis point is 0.01 percentage points, so 10000 basis points represents 100%.
- Enter callerIndependentlyEstablishedPreLossValueMinor, callerMatchedSeverityBasisPoints, callerMatchedMileageBasisPoints using the field table and calculation rules, then run the tool.
- Read callerModeledDiminishedValueMinor. The explanation below defines the units, signs, ordering and any flags or placeholder values.
- If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.
| Input field | Meaning | Value type; see rules below | Requirement |
|---|---|---|---|
| callerIndependentlyEstablishedPreLossValueMinor | Caller independently established pre loss value minor | number | Required |
| callerMatchedSeverityBasisPoints | Caller matched severity basis points | number | Required |
| callerMatchedMileageBasisPoints | Caller matched mileage basis points | number | Required |
Enter integer pre-loss value 0–10¹² and integer factors 0–10000 basis points each. Multiply using exact integers and round once, with half ties away from zero. Return modeled minor currency units.
value=roundMinor(preLossValue×severityBps×mileageBps/100000000) Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.
| Output field | Meaning | Value type |
|---|---|---|
| callerModeledDiminishedValueMinor | Caller modeled diminished value minor | number |
{
"input": {
"callerIndependentlyEstablishedPreLossValueMinor": 10000,
"callerMatchedSeverityBasisPoints": 2000,
"callerMatchedMileageBasisPoints": 5000
},
"output": {
"callerModeledDiminishedValueMinor": 1000
}
}Limitations and assumptions
No universal 17c rule, appraisal or claim entitlement is supplied.
Numeric inputs, where present, must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors.
Alternative or Complementary methods
Use Salvage Title Recovery Value Percent Calculator: Salvage recovery compares bids net of disposal cost with independently valued ACV. Negative net bids should remain visible. For a complementary task, use Total Loss ACV vs Repair Threshold Checker: A total-loss threshold scenario compares repair evidence with a fraction of independently established actual cash value. Salvage inclusion is an explicit policy choice.
References
Similar or alternative tools
- Salvage Title Recovery Value Percent Calculator
Salvage recovery compares bids net of disposal cost with independently valued ACV. Negative net bids should remain visible.
- Total Loss ACV vs Repair Threshold Checker
A total-loss threshold scenario compares repair evidence with a fraction of independently established actual cash value. Salvage inclusion is an explicit policy choice.