The following states have unique laws pertaining to diminished value claims. If you reside in one of these states, or are curious about your state laws, feel free to contact us!
Florida
In the state of Florida, if you are in a wreck and the accident was not your fault you are entitled to file a claim for Diminished Value. If you live in Florida and have been involved in an auto accident then our Diminished Value claim experts in Florida can help you.
Oregon
In the state of Oregon, if you are in an auto wreck and the accident was not your fault you are entitled to file a claim for Diminished Value. Simply Call NOW for a FAST FREE Consultation about your Diminished Value Claim (877) 655-1661
The following cases are pertinent to the State of Oregon and Diminished Value:
- Jose Gonzales v. Farmers Insurance Company of Oregon
- Dunmire Motor Company v. Oregon Mutual Fire Insurance Company
- Millers Mutual Fire Insurance Co. v. Wildish Construction Co.
Texas
In the state of Texas, if you are in an auto wreck and the accident was not your fault you are entitled to file an insurance claim for Diminished Value. The statute of limitations on filing an claim in Texas with your insurance is two years from the date of loss. In order to recover the losses, you must have a diminished value appraisal completed by a professional automobile appraisal company, such as Autoloss. Also, if the other party in Texas does not have auto insurance and you carry uninsured/ underinsured motorist coverage you may be able to claim diminished value under your policy. . . You can also file a claim in small claims court in Texas for as much as $10,000. Autoloss can help the Texas consumer in many ways with their diminished value claim. We also have local Texas auto appraisers standing by to complete a diminished value inspection on your vehicle as well. Call 877-655-1661 so Autoloss can help you recover your losses today.
Washington
In the state of Washington, if you are in a wreck and the accident was not your fault you are entitled to file a claim for Diminished Value. The following cases are pertinent to the State of Washington and Diminished Value:
- Heaphy v. State Farm Mutual Automobile Insurance Company
- Certification From United States District Court for Western District of Washington v. Aetna Casualty and Surety Co.
- Thompson v. King Feed & Nutrition Service, Inc.
- Kurtis R. v. Sto Industries, Inc.
Georgia Kansas & North Carolina
It is universally accepted that in every state Diminished Value is owed to the claimant by the at-fault party. In Georgia, North Carolina, and Kansas the insurance companies owe Diminished Value to their policyholders as well. This is great news for consumers in all three states.
The Supreme Court of Georgia, in “State Farm Mutual Automobile Insurance Company v. Mabry et al., 274 Ga. 498 (2001),” ruled that insurers owed their insured for Diminished Value of their vehicle following an accident. In response, insurance companies in Georgia have attempted to utilize a Diminished Value formula referred to as “Rule 17c.” Rule 17c is actually a fallback method of measuring Diminished Value in the absence of any other documentation determining Diminished Value. A Diminished Value Appraisal from Autoloss is a documented measure of Diminished Value that prevails over the Rule 17c method. We at Autoloss feel that Rule 17c is unfair to consumers. Typically, “Rule 17c” pays pennies to the dollar of what is really owed to consumers for Diminished Value. Autoloss works hard to educate consumers so they can get a fair Diminished Value Settlement.
Related to the “Mabry vs. State Farm” case, Georgia Insurance Commissioner John W. Oxendine has issued this news release about his Directive No. 01-P&C-1 ordering insurance companies to “cease using any language which implies the Department has endorsed a particular formula or method to determine diminution of value.”
If you are a resident of Georgia, North Carolina, or Kansas — give Autoloss a call today at (877) 655-1661. You will talk to a licensed public adjuster that will inform you of your rights free of charge. If you are not being offered a fair amount for Diminished Value we can help you dispute the settlement amount by asserting the “Appraisal Clause” in your policy. Information is power, and during the free consultations, we will inform you of your rights and how we can best serve you. We at Autoloss want to help you get what is due to you.
