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re: Anyone made a diminished value claim on a vehicle?

Posted on 10/6/15 at 10:17 am to
Posted by mikelbr
Baton Rouge
Member since Apr 2008
47538 posts
Posted on 10/6/15 at 10:17 am to
quote:

Anyone have experience dealing with a diminished value claim and how that worked out for you?
Not sure if it matters or not, but my insurance is State Farm.


I successfully had my commuter car's value diminished for bankruptcy. They had it at KBB and I simply paid a mechanic $70 to write up all the shite wrong with it. Cut the value in half(you have to pay to keep a second car in Ch 7).
I would assume you could do the same by going to a body shop and getting a legit estimate on repairs. Then, give that to the State Farm rep.
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