98 Isuzu Rodeo hit my 2005 Toyoto Tacoma Doublecab 4X4 head on and caused frame damage, is the at fault insurance company responsible by law to pay me a premium for the lesser resale value of my truck now?
2007-02-17 00:18:44 · 3 answers · asked by Shawn W 1 in Cars & Transportation ➔ Insurance & Registration
Diminished Value claims are excluded by policy in Arizona.
2007-02-17 02:19:15 · answer #1 · answered by ohso_quiet 4 · 0⤊ 0⤋
I am surprised by the number of states that have bought in on NOT paying diminished value.
I can look at any vehicle and tell you if it has been in much of a wreck, and so can any good used car appraiser.
It is very difficult to put everything back as it was
before a wreck and not many bodymen and painters take the time needed to do it on every wreck. Believe me.
2007-02-17 11:29:33 · answer #2 · answered by Anonymous · 0⤊ 0⤋
They are required to return the vehicle to pre-loss condition; if it's not possible, they owe you the actual cash value.
2007-02-17 23:52:40 · answer #3 · answered by bundysmom 6 · 0⤊ 0⤋