Diminished Value in Texas – How Does It Compare?

April 27, 2016Auto Accident, Auto Repair, Diminished Value, Diminished Value Resources, Insurance Claims, Luxury Vehicle Diminished Value, Texas Diminished Value

Dealing with Diminished Value in Texas

If you have a repairable collision claim in Texas, then you may be entitled to recover for your vehicle’s diminished value. In Texas, if you file a third-party auto claim, then if your claim meets certain standards, you would likely recover diminished value if the case went before a jury.

Diminished value in Texas compares to other states in this capacity through the negligence law rules.  

In Texas, if one is over 50% at fault for a loss, then they cannot recover damages from a less negligent party.

The kicker is that if they are only 10% at fault, then that 10% can be deducted from their damage amount. Some States have a law that applies negligence in a pure manner.

For example: if you are 10% at fault, then you owe 10% of the other person’s damages. If you are 61% at fault, you can still recover 39% of your damages.

The point, and to answer the question in the title of this article, is that YES you can get paid for diminished value in Texas.