need help on diminished value
Thread Starter
Racer
Joined: Aug 2003
Posts: 359
Likes: 0
From: sunrise fla
need help on diminished value
while in service the dealer smashed my vette
their ins co. liberty mutual is supposed to look
at it at my body shop. they say between 4000
to 5000 dollars in damage can i go after them
for diminished value. thanks for imput.
their ins co. liberty mutual is supposed to look
at it at my body shop. they say between 4000
to 5000 dollars in damage can i go after them
for diminished value. thanks for imput.
Burning Brakes
Joined: Oct 1999
Posts: 836
Likes: 0
From: Colorado Springs, Colo., USA
Originally Posted by jayzze
while in service the dealer smashed my vette
their ins co. liberty mutual is supposed to look
at it at my body shop. they say between 4000
to 5000 dollars in damage can i go after them
for diminished value. thanks for imput.
their ins co. liberty mutual is supposed to look
at it at my body shop. they say between 4000
to 5000 dollars in damage can i go after them
for diminished value. thanks for imput.
What I know of Liberty Mutual is that they use contract adjusters, rarely a staff adjuster, so you will want to be decent to the adjuster but insistent that through no fault of yours, your car will be worth less in the future. Especially if you have to complete a disclosure statement, as many states have instituted, that requires you to disclose damage to your vehiclle before you sell or trade it. Know whether there is such a statement before you meet with the adjuster.
Pro
Joined: Jan 2005
Posts: 569
Likes: 2
From: Corona CA
Show no hostilty towards the appraiser/adjuster and don't tip your hand. Find out what they'll offer and if it's not right right by you then play your hand. My past experience with their adjusters has been most beneficial to me by letting them do their job. IMHO
