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re: Question about diminished value claim

Posted on 9/18/14 at 2:41 pm to
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3816 posts
Posted on 9/18/14 at 2:41 pm to
This is confusing.

The insurance company is offering $500 in addition to the $800 for the bumper replacement?

$500 seems a little low if the DV claim for the $4500 damage. However, it's a few year old car and I assume not major chassis/frame/unibody damage (ie. just panels and parts). I wouldn't expect more than $1000.
Posted by West Monroe
west Monroe, la
Member since Jan 2005
1009 posts
Posted on 9/18/14 at 2:53 pm to
Sorry to be confusing. First wreck was in 2013 was $800 for a bumper replacement. The most recent wreck was back during the summer and was $4500 in damage. The insurance company is offering $500 for diminished value. You are correct there was no frame damage. The insurance guy said they normally wouldn't offer anything due to there being prior damage. This is the first time I have dealt with this. I just figure they low balled me on the first offer.
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