For those that have encountered an accident...
#4
If you're in a situation now, you need to ask for it and get your car's value established before the accident and what the market would pay for your car after even though the repairs have been made. Insurance companies having been fighting or even denying there is any dimunition of value after accidents. Many class action cases and lost. Depending on the state you're in, some will support it and others will not.
#5
It's too late if you have your car repaired (from a practical point of view), you've lost most of your negotiationg position. Get all of this sorted out before you let them (Insurance) touch the car.
It's probably best to forget you ever heard the term "diminished value". In California, anyway, it's a losing approach (due to precedent) for 1st party claims. There are other ways to "skin the cat" depending upon the facts and circumstances. Instead of making generalizations it's best to post specific situations and then get some input as to which direction to take; and nothing substitues for a good attorney...before they touch your car.
It's probably best to forget you ever heard the term "diminished value". In California, anyway, it's a losing approach (due to precedent) for 1st party claims. There are other ways to "skin the cat" depending upon the facts and circumstances. Instead of making generalizations it's best to post specific situations and then get some input as to which direction to take; and nothing substitues for a good attorney...before they touch your car.
#6
Hmmm....specifics huh? I did get my car repaired and I did receive payment for diminished value in 'California'. What other legal and ethical ways to 'skin the cat' ? One should not be so quick to pass judgement. The key is 3rd party for those that are interested.