First Party Diminished Value Claims in Texas

November 7, 2009By Justin Petty No Comments

first party diminished valueOkay guys listen, it is possible to file a diminished value claim against your own insurance company.

In Texas, there are still some courts that will hear a case under the collision portion of your policy, and there is at least one case in Dallas where the trial court agreed that diminished value was part of the damage calculation that should be used under the collision portion of a policy.

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Texas Diminished Value Claims

September 1, 2009By Justin Petty 18 Comments

Where do some of these “diminished value experts” people get off?

I agree that insurance companies are not so inclined to pay diminished value, and people sometimes get dollar signs in their eyes when they are involved in an accident that is not their fault.  The reality is that diminished value exists, but it is definitely hard to prove. There are arguments that adjusters use all the time to try and dismiss a valid claim and save a few bucks.  The problem is that most of the “diminished value experts” out there have never actually been adjusters.  Through a little research of my own, I have found that at least four of the companies that heavily advertise diminished value services have never even had an adjuster’s license, much less actual experience adjusting.

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