Legal Question in Insurance Law in California

Depreciation

Should an insurance company pay for depreciation of a vehicle that was hit in a DUI? My vehicle was less than a year old and now it's lost some value as I am obligated by law to report it was in an accident --even though it I was the victim of a DUI driver.


Asked on 7/31/06, 2:11 am

1 Answer from Attorneys
Jonathan Stein Law Offices of Jonathan G. Stein

Re: Depreciation

You are really asking about dimunition of value. While you can recover this, it is a bit difficult and depends on a variety of factors, including the make/model of the car. Proving this can be difficult. You may want to visit my blog, www.calpiblog.com, where I have discussed this. If you have questions about your car, feel free to send me an email.

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Answered on 8/02/06, 8:35 pm


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