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Has anyone ever filed a diminished value claim? Someone ran into my acura a few months ago. The car is fixed and now I want to file a diminished value claim with the violator's insurance company. Does anyone have any advice or tips to get the most money possible out of this?
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shoot, i'll just drive it in a lake if you want ... took care of my old car
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well.... then my insurance would probably skyrocket in price, it probably wouldn't be worth it. Its not a big deal because the car is paid off, but I know the diminished value claim exists.Originally posted by saturn
Sorry bro can't help you there but I do know a guy that will steal and torch your vehicle for a small fee so you can file an insurance claim.
--I in no way condone insurance fraud and make this statement only for entertainment purposes--
If you need his # let me know.Comment
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yes, it does exist, but from my understanding it's not ususally founded if complete repair was done ... but i could be wrong.Comment
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Yes, as CJ stated, most courts recognize such a cause of action. I am not an insurance attorney, but I would suspect you could file a small claims action against the other driver, or their insurance company (this depends upon the laws of your state, some do not allow a direct claim against the insurance company). If you file claim against the driver, he/she would bring the insurance company into it. Again, I do not know the specifics, but you would likely need some estimates that show the value of your car prior to the accident, and the value after the repairs were made (i.e., you would need to prove the value is diminished after repair, and that what you recovered from insurance did not make you whole).Comment
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