How to file a car accident diminished value claim?

by Guest » Mon Jun 02, 2008 03:18 pm
Guest

I was in an accident 2 months ago. A guy ran a red light in Downtown Houston doing 40 and hit my truck in the side (front end). I was in my 2006 GMC 2500HD. It is a loaded out CC with the duramax diesel and allison transmission. The sticker was $45k when I bought it. It is not my DD and that is why it only has 15k miles and is over 2 yrs old. I am anal and maintain my vehicles very carefully. The repair bill is about $12k so far and is not done. There was minor frame damage according to the body shop. I am going to pursue a car accident diminished value claim. I was not looking to involve attorneys and make a big mess of it. From doing internet research it appears that the true "car diminished value" is more of a ghost figure and I need to employ a firm to assist in this. Is that the case? I am not trying to be difficult to the insurance company and would just assume have a reasonable conversation with some good information and be fair. I just can't find anything regarding how this value is determined.

What is the best way to handle this? TIA

Total Comments: 23

Posted: Wed Jul 07, 2010 03:21 am Post Subject:

what can you do to be sure you have the best replacement parts?



Authorize the use of only new OEM parts. Check your policy to see if it covers OEM parts, some policies state and you have agreed to use the of non-OEM parts. Pay the difference to make sure you are only recieving OEM parts.

Posted: Wed Jul 07, 2010 06:45 pm Post Subject:

what can you do to be sure you have the best replacement parts?


Buy insurance from a carrier that sells new oem parts endorcement, they pay for that endorcement, or move to Minn.

Posted: Mon Sep 06, 2010 08:43 pm Post Subject: Diminished Value

Hello,

I had my BMW rear ended by a semi and sustained $17,591 in damage and repairs. The insurance company didn't total my car so I was referred to a company called Houston Auto Appraisers. The are good because I got a $2,100 check. They are located in Baytown, Texas.

Add your comment

Image CAPTCHA
Enter the characters shown in the image.