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re: Diminished Value Claim

Posted on 8/30/20 at 9:04 am to
Posted by Motorboat
At the camp
Member since Oct 2007
22741 posts
Posted on 8/30/20 at 9:04 am to
quote:


I’ve worked as an adjuster for one of the big insurance companies. Each state has different laws regarding DOV claims. In LA you can present one as a claimant. Vehicle can’t be involved in a prior accident and can’t be a leased vehicle you have to own it.
They will most likely come at you with a range. He will start at the bottom and wait for a demand from you. Then it’s just all negotiating from there. Be reasonable and any good adjuster would meet you somewhere in the middle.
Also, your not suing for a DOV claim. As least I hope you wouldn’t waste your time. People need to learn the different of a claim and a law suit. Most attorneys won’t bother with anything to do with property damage. Their expertise is being total pieces of shite and running up Injury claims


Great advice.
There is never anything wrong with pushing back on diminished value. Just be respectful (and thoughtful


Except it’s not good advice. A prior accident does not negate another DV claim. Also, I mess with property damage issues all day long. It’s part of the job, in addition to being a huge piece of shite, you self righteous a-hole.
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