Legal Question in Insurance Law in Florida

automobile

i was recently t-boned in my new 2006 corvette. only had 2,000 miles on it. what course of action do i have to sue for depreciation valu of vehicle to receive a new one. car has almost $7,000 with most of it being in the suspension. car was bought as an investment. now the investment is lost due to the depreciation on the vehicle after the accident.


Asked on 9/14/06, 10:07 pm

1 Answer from Attorneys
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Re: automobile

Assuming you have no fault, you are entitled to recover the cost to repair the car, the value of its lost use during the repair, and the amount of lost value because of the accident. You are not entitled to a "new" car. If you have any fault, your recovery is reduced by the percentage of your fault.

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Answered on 9/14/06, 11:00 pm


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