I was in a hit and run and don’t have uninsured motorist coverage. My $40,000 car suffered $15,000 worth of damages. It is being fixed in Florida through my Allstate insurance. I am not at fault with my insurance company. I’ve read that it is possible to file a "diminished value claim" against the at-fault party’s insurance or using the uninsured motorist coverage. In this case, neither are available. Is there any way for me to file this claim successfully?

You would have to sue the driver who hit you to recover. Since you apparently don’t know who that is, you are out of luck.

2006 Honda CRV 4 wheel drive hit in rear and had to have $4300.00 in repair bills and the insurance offered $196.00.

There’s something missing here. Did you have normal collision coverage? What was it like? What were the limits? Did the other driver have insurance? Were you covered for under-insured drivers?

I put Wrecked car vs value in the URL address line and found this search page:

http://www.google.com/search?sourceid=navclient&gfns=1&ie=UTF-8&rlz=1T4GGIH_enUS249US266&q=wrecked+car+vs+value

Im an independent insurance adjuster and im needing a Dimished value form for the state of Texas. Does anyone know where I can find one of these forms?

Hmm. I don’t think it’s an accord form, I think it’s individually prepared by each carrier. I just had a DV claim for my personal auto . . . and it really just looked like a word document. They wanted to know milage on my car, year, make model, any existing damage, when it happened and what kind, that kinda stuff.

Sorry.

I was in an accident and I want the other party to pay what’s owed to me. Where can I get a DV report to provide to the other insurance company?

Almost 25! OMG!, There are tons of places where you can get an online quote. http://www.simpleautoquotes.com/Auto-Insurance.html It only takes 5 minutes to do.

I have a nice sports car, a 2004 model, but cannot disclose much more info than that as per agreement with my lawyer. This car has had the engine replaced twice and has died on me multiple times in the past year. It is under warranty and I have had it in the shop for the past several months and have been driving rental cars covered by the dealership.

My lawyer just came back and said that the manufacturer offered $3200 no strings attached. I still keep the car and let them continue trying to fix it, I don’t have to agree to anything or give them anything.

If you have any knowledge of this type of situation, I would appreciate your feedback. I just don’t know if this is a good deal or if I should use the money to sue the manufacturer.

I would take my attorneys advice. This sounds like an excellent offer but if you accept you will have to sign a contract that you can not sue the manufacture. They are offering you an out of court settlement. That means it is over and you can not come back and sue later. I would use the money as a down payment for another car.

How is it being calculated?

You can find the "used car" value for your undamaged car at most public libraries. Ask the reference desk for the Blue Book or Yellow Book and look it up. If the damaged car value is much less than this the car may be considered totalled and not cost effective to repair. Check with your inurance company if you have Comprehensive Insurance and they will help you arrange to have an adjustor evaluate your damage. If you do not have Comprehensive Insurance, an auto body shop may provide you with a repair estimate, often free of charge. They can explain the basis of their estimate including salvage value if any. Of course, if someone else caused your damage, you have the right to sue (even in small claims court) to recover damages in which case a professional repair estimate will help support your claim.

Broker Betty advertises that the famous architect Art Chitect designed Wanewright House. Peter Purchaser enters into a purchase agreement to buy Wanewright House. A further-approval contingency that allows the buyer to either confirm the broker’s representation or cancel the transaction is not included in the purchase agreement. The Betty Broker’s representation is considered fact.

Before closing escrow, the Peter Purchaser learns that no evidence exists to prove that Art Chitect designed Wanewright House. Betty Broker recommends the buyer cancel escrow, which the buyer refuses to do. After escrow closes, Peter Purchaser seeks to recover money from the broker for the diminished value of the home due to the misrepresentation concerning the design of Wanewright House.

Betty Broker claims that Peter Purchaser is not entitled to recover any money since he proceeded to close escrow with the knowledge that no proof existed that the architect designed the home.

Agents have been sued successfully over less, all material facts whether known or otherwise but could be known by a diligent search are under the passive fraud description. Betty was acting on or sharing unverified information. A decent agent would have made the owner provide proof of such a claim before using it to entice a buyer. Peter assumed he could close and go after recourse but will fail. Sort of like going on a green light before the last car clears the intersection and assuming its their fault for running a red light. Still it is unclear that Art Chitect did or did not design the house because you said no proof exists but did not state whether there is proof of who actually did design the residence. In closing I would point out that many real estate agents are over embellishes of the truth and are lucky people don’t go after them for the rampant fraud they do commit. A Realtor with decency would have cleared up this issue and protected themselves with proper contingency addenda. A typical real estate agent might not be so skilled however. There is big a difference between being an agent and a Realtor, besides the obvious membership in the NAR.

I was rear ended by a vehicle few months ago, and I want to know if I can take the insurance company at fault to court to fight for diminished value, thanks.

Sure you can take them to court… you can take anyone to court. The problem is, can you win and in this case, no… but even if you did it will cost you more that you will receive.

My 100th anniversary Harley was rearended which
resulted in damage. The other party insurance is paying for repairs. Can we also ask for seperate diminished value? What could we expect? Damage was light but do you want to buy a wrecked one or one that wasn"t.

Only if your state recognizes dimunition of value, and there are very few that do. And it’s VERY hard to prove.