Legal Question in Insurance Law in Iowa

I recently had my vehicle hit while parked. Before the accident, trade-in value was $9000. Now all anyone will give me for it is $7000. Am I entitled to the $2000 for the difference. Farm Bureau insurance won't pay the difference.


Asked on 3/26/12, 12:15 pm

2 Answers from Attorneys
Stephen Lombardi Lombardi Law Firm

You are entitled to loss of value.

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Answered on 3/27/12, 6:11 am
Stephen Lombardi Lombardi Law Firm

Yes, it's called loss of value.

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Answered on 3/25/13, 11:21 am


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