Homepage Garage Wiki Register Members List Social Groups Calendar Search Today's Posts Mark Forums Read
#Camaro6
Go Back   CAMARO6 > CAMARO6.com General Forums > 2016+ Camaro: 6th Gen Camaro general forum


Emblempros


Post Reply
 
Thread Tools
Old 02-15-2018, 10:34 PM   #1
Giri
Soon to be Millionaire
 
Giri's Avatar
 
Drives: Blue 2016 Camaro
Join Date: May 2016
Location: Gainesville, FL
Posts: 283
Diminished Value Claim

So a little under a year ago I had a minor incident where a flying piece of plywood hit me on the interstate. Car lost coolant and car got towed to dealer. 2 weeks later, comp claim on insurance for 3,500 damage. $500 deductible. Sucks but whatever, Atleast my insurance didn't go up.

Should I have looked into a diminshed value claim? I don't want my rates to go up but my carfax does show an incident now.
__________________
My Video and Live Streaming Company
My Aerial Services and Drone Photography Company
Please like us on Facebook if you like'd to help me out!
Giri is offline   Reply With Quote
Old 02-15-2018, 10:43 PM   #2
z2f2ss
 
Drives: 2017 Camaro 2SS Hyper Metallic Blue
Join Date: Jul 2017
Location: Kansas City, MO
Posts: 31
yes, if you can find the person it came from? i just did it on a recent accident when someone hit me and settled on $2500.
z2f2ss is offline   Reply With Quote
Old 02-16-2018, 06:20 AM   #3
crosive
 
Drives: 17 2ss camaro
Join Date: Aug 2017
Location: central alabama
Posts: 263
I literally didn't know this was a thing until just now. I'll be looking into this for sure for something that happened to my car recently
crosive is offline   Reply With Quote
Old 02-16-2018, 06:49 AM   #4
Billabongi

 
Billabongi's Avatar
 
Drives: '17 2LT/RS 50th Camaro
Join Date: Apr 2012
Location: Tampa, Florida
Posts: 815
Diminished value is completely state by state. Some states don't let you recover it at all others only let you recover when you were not at fault. Best thing is to look up your individual states rules.
__________________
2017 50th Anniversary 2LT\RS - #1583 SOLD
2017 50th Anniversary 2SS - #3410
Billabongi is offline   Reply With Quote
Old 02-16-2018, 06:59 AM   #5
Joe's_cool_1le

 
Drives: Black 2017 Camaro SS 1LE
Join Date: Dec 2016
Location: Virginia Beach
Posts: 1,268
And I believe you cannot use your own insurance to claim diminished value.
__________________
2017 1LE SS Black - Mods - Forged - lowered compression - BTR custom Cam - Whipple, 3.125 pulley, Roto-Fab, 1 7/8 Kooks headers, off road pipes, & 3" Kooks full exhaust. LT4 fuel system with Alky single nozzle running 100% meth.
Joe's_cool_1le is offline   Reply With Quote
Old 02-16-2018, 07:03 AM   #6
Tenfive
 
Tenfive's Avatar
 
Drives: 2017 SS camaro and 67 camaro SS
Join Date: Dec 2017
Location: West palm beach
Posts: 455
Quote:
Originally Posted by Joe's_cool_1le View Post
And I believe you cannot use your own insurance to claim diminished value.
Correct .
Tenfive is offline   Reply With Quote
Old 02-16-2018, 07:14 AM   #7
Mr. Wyndham
I used to be Dragoneye...
 
Mr. Wyndham's Avatar
 
Drives: 2018 ZL1 1LE
Join Date: Jan 2007
Location: Buffalo, NY
Posts: 31,847
Send a message via AIM to Mr. Wyndham
Quote:
Originally Posted by Billabongi View Post
Diminished value is completely state by state. Some states don't let you recover it at all others only let you recover when you were not at fault. Best thing is to look up your individual states rules.
Yeah, I found that out the hard way...
__________________
"Keep the faith." - Fbodfather
Mr. Wyndham is offline   Reply With Quote
 
Post Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 12:49 PM.


Powered by vBulletin® Version 3.8.9 Beta 4
Copyright ©2000 - 2018, vBulletin Solutions, Inc.