Quote:
Originally Posted by fmzip
The car was parked in a residential lot without a single car in the lot. It got hit while the guy was backing in "half drunk" while parking his car.
I am miffed by the comments. If you bought your car <90 days ago at $80K and the same cars are selling for that exact same price today with similar mileage give or take a few grand, and you took your car in for trade in and were offered $61K from Carmax and $53K from Carvana, $4K reimbursement seems reasonable?
To reitterate, every counter, every email, every correspondence substianting data to the insurance company has been responded with "no other offers are forthcoming"
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I stumbled across this site trying to find some info on this very topic. It doesn't look like many of you read this from start to finish.
The car was hit by a DRUNK & he shouldn't be reimuburshed fully? Because he has a so-called lavish lifestyle & expensive car, WTF really? This isn't totally about money if you read the entire post.
Good luck guy, I hope your attorney gets you exactly what you deserve and it isn't $4,000 from the sounds of it. Please post an update at some point, would love to hear the end result. Insurance companies are pure evil and everything they do should be monitored competely!
DV by state, retained this law firm for this very same issue. It's not ficticous
https://www.mwl-law.com/wp-content/u...-50-STATES.pdf
New Jersey:
Measure of damages, when auto is damaged, is the difference
between the reasonable market value of auto before and after the
tortious injury and the cost of repair and the depreciated value of
vehicle because of having been in an accident, is the appropriate
measure of damages, so long as total does not exceed the diminution
in market value and does not exceed the pre-accident market value of
the vehicle. Fanfarillo v. E. End Motor Co., 411 A.2d 1167 (N.J. Super.
1980). In Fanfarillo, the value before the theft was $7,900 and after
the theft $5,000, a difference of $2,900. There was also evidence that
the vehicle as repaired was worth only $7,500, so that the jury could
have found total damages to the vehicle of $2,313 ($1,913 for the cost
of repair and $400 depreciated value).