Posted on 02/22/2006 3:05:32 PM PST by doodad
So sorry to post a vanity, but I am in an area that I have no experience. I was t-boned by a driver in my 1996 Camaro that was in perfect mechanical and cosmetic condition and has been modified in both areas for show and race. How do I argue diminished value and or loss of raceworthiness? I know about 17c and am in Georgia, but disagree that a 72 Ferrari that is hit has no diminished value due to age or mileage and ditto my poor chevy. Any advice on combatting what I think is coming for a 10 year old car that did not even have a door ding.
No. You got me curious though so I looked it up and it sounds like there are thirteen no fault states. These states include Colorado, Florida, Hawaii, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Pennsylvania, and Utah.
If you have all the receipts for the upgrades, you need to copy them and include that when you contact or are contacted by the claims dept. They should at least consider the value of the car because of the upgrades.
Thanks for the info I talked to Steve today. Not sure it makes as much sense for a 10 yr old Chevy as a Boxter, but it was worth the coaching he gave me. We will see. He can argue DV and ACV so that is something.
I understand completely that I am not entitled to betterment. I do realize a diminished value though and will try to document even for a 10 yr old Chevy. I do not race for $ just for fun. I am just not sure I can trust a car that has been tboned at speeds over 100 mph though. My guts are saying no.
Thanks though. I hope you are right that I just get a fair shake. What is the industry "feel" on Allstate?
Good luck on it all.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.