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      12-09-2023, 10:32 AM   #9
BlkGS
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Drives: BMW X5 M50i
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Quote:
Originally Posted by puckybadger View Post
"Diminished Value" is rarely paid by insurance companies.

That's not true. They just rarely pay it without a lawyer to force the issue. This is common practice in vehicles like Corvettes, Vipers, 911s where it makes a big difference in the value for these quasi collector cars. Some companies will pay when you threaten to get a lawyer, others you have to actually follow through.

Some states don't have provisions for diminished value though.
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