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Ohio Court Ruling Could Impact Auto Damage Claims

Midwest News • August 27, 2007
An Ohio couple whose vehicle was wrecked are entitled to more than just the money it will cost to repair it, according to a state appeals court ruling that found the couple also should be ...

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Subject: A Crock

Posted On: August 27, 2007, 3:05 pm CDT
Posted By: Claims Guy
Comment:
"diminution in value" has been argued since I settled my first PD claim in 1970. Some people have deluded themselves into thinking that they deserve a perfect vehicle and that if an accident occurs, the car is no long safe. Not true. Does it lose value becaue it's been repaired? Depends. Anytime you get behind the wheel you assume the risk you'll cause or be involved in an accident.

The personal auto policy is clear on the insuring agreement. It has the option to pay for repairs, or the cost of an LKQ vehicle. It does not insure the resale value of the car. Like anything else, if people want diminution in value coverage, let carriers offer an endorsement to those who want it.
Subject Posted By Posted On
RE: A Crock wudchuck
Sep 12, 2007, 11:05 am
RE: RE: A Crock JBURLY
Sep 12, 2007, 10:33 am
RE: A Crock emmons
Sep 11, 2007, 10:23 pm
RE: Diminished Value emmons
Sep 11, 2007, 10:17 pm
RE: RE: Value emmons
Sep 11, 2007, 10:10 pm
RE: Value wudchuck
Aug 29, 2007, 1:39 pm
RE: RE: RE: Value JCB
Aug 29, 2007, 12:29 pm
RE: RE: Value wudchuck
Aug 28, 2007, 1:09 pm
RE: Value Another View
Aug 28, 2007, 12:30 pm
RE: RE: RE: RE: RE: Diminished Value Chuck
Aug 28, 2007, 9:32 am
Value wudchuck
Aug 27, 2007, 5:04 pm
RE: Diminished Value -- Stop Whining & Sell Insurance Anon
Aug 27, 2007, 4:05 pm
RE: Diminished Value: Not New to Rental Cmpanies. Auto Man
Aug 27, 2007, 3:21 pm
Diminished Value: Not New to Rental Cmpanies. Jeff
Aug 27, 2007, 3:08 pm
A Crock Claims Guy
Aug 27, 2007, 3:05 pm
Diminished Value -- Stop Whining & Sell Insurance Umpiire
Aug 27, 2007, 2:49 pm
RE: RE: RE: RE: Diminished Value Anon
Aug 27, 2007, 2:40 pm
RE: RE: RE: RE: Diminished Value steve
Aug 27, 2007, 2:15 pm
RE: RE: RE: Diminished Value Anon
Aug 27, 2007, 2:13 pm
RE: RE: Diminished Value Ratemaker
Aug 27, 2007, 1:36 pm
RE: Diminished Value Mark
Aug 27, 2007, 11:26 am
Diminished Value Anon
Aug 27, 2007, 11:09 am
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