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RECOVERING DIMINISHED VALUE AFTER A ACCIDENT

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Old 11-27-2007, 11:33 PM
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Chaos
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Default RECOVERING DIMINISHED VALUE AFTER A ACCIDENT

Franklin county court of common pleas awarded diminished value to a car owner in addition to the cost of repair.
Rakich v. anthem Blue Cross & Blue Shield
172 Ohio App.3d 523, 2007-Ohio-3739

You may not recover damages in excess of the difference between the market value of the car right before and right after the accident.
Scott E. Smith of Smith Phillips & Assoc won the case.

This should be helpful to all those who wreck there P cars.
Old 11-28-2007, 12:26 AM
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Thanks for the info Gregg, although hopefully it will never be of use to me
Old 11-28-2007, 07:25 AM
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good information.
Old 11-28-2007, 10:03 AM
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Default Ohio law?

Originally Posted by Gregg Lewis
Franklin county court of common pleas awarded diminished value to a car owner in addition to the cost of repair.
Rakich v. anthem Blue Cross & Blue Shield
172 Ohio App.3d 523, 2007-Ohio-3739

You may not recover damages in excess of the difference between the market value of the car right before and right after the accident.
Scott E. Smith of Smith Phillips & Assoc won the case.

This should be helpful to all those who wreck there P cars.
Greg,
It looks like you are an atty. Do you know if this is an Ohio law only? Thanks. Andy T



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