OT-Diminished Value Claim on Car Wreck

[yoshi121374]

I was recently in a wreck where I was at no fault. The car has been repaired, but I know that I will have diminished Value to my vehicle when I go to trade it or sale it in the future. I have filed a claim, but the insurance company is saying that I need to provide documentation showing the loss in value.

Has anyone here done this before?

 

[XCUDB]

Generally they want offer it if your car is more than 3 years old. Then they will run a calculation based on 3 years or less, mileage, and damage to make you an offer. Many people will tell you 10% of the damage not the case. When they say prove it, it sounds like more to the story than what you have given.

 

[Game Well]

Depends on the state. Georgia sends checks automatically or at least they did in 2003

 

[VinVinny187]

The State of SC has no diminished value law, so technically insurance companies in SC do not have to offer anything.

I generally offer 10% of estimate if the vehicle is less than 3 years old and no more than 35k miles on it.

 

[yoshi121374]

Thanks for the replies. The Insurance company has suggested I go to a dealership for a statement that my vehicle has less value due to the wreck. I just wonder2d if anyone knew if a dealership would do this?