Readers are encouraged to consult specialists in these fields who have an understanding of legal and insurance issues on a local, state, and national level. Diminished value is a reality, even in cases where repairs eliminate all visual evidence of damage. Georgia Supreme Court Justice Robert Benham wrote the following November 28, 2001, recounting the testimony of State Farm’s witnesses and documents it presented during discovery:. The insurance company will also want to know information about your current Texas car insurance, information about your vehicle such as make, model, year, and vehicle identification number (VIN), and information about the people who also drive your car. Rather, diminished value is an element of recoverable damage in the same claim that occurred at the same time, during the same event. If you have been involved in a car accident, one of the most important things you can do to benefit your car accident claim is contact an experienced car accident attorney to help you file your claim and recover the compensation you deserve. If you have been involved in a car accident, one of the most important things you can do to benefit your car accident claim is contact an experienced car accident attorney to help you file your claim and recover the compensation you deserve. – Call a Car Accident Attorney An experienced car accident attorney will help you deal with the insurance companies and their adjusters, they will speak with the other drivers, and they will help you identify what injuries you have suffered from the car accident. For a quicker resolution, you can always forgo the diminished value claim with an insurer and take the loss against income taxes you owe. Second, many believe one must sell his/her car to collect a diminished value claim from an insurer. 498, 501; 556 SE2d 114 (11/28/2001), a lawsuit that caused insurers to begin paying diminished value claims as a normal course of business in the state of Georgia, State Farm provided testimony under oath confirming that the potential for diminished value exists in every claim, even when cars appear properly repaired. If you are a retired senior and can not afford to pay for medical expenses, much less an individual medical insurance policy, consider applying for Medicare. Insurers simply keep this myth alive to stall claims payouts for as long as possible, knowing the statute of limitations will eventually run out preventing a consumer from ever pursuing a recovery. Cheap Texas Car Insurance Get the lowest home owners insurance estimates and quotes in any state This is our recommended provider of health insurance for all states. It may also occur when sufficient payment isnt made to allow shops to perform repairs as a carmaker intended. – Take Pictures You should have a disposable camera in your car that you can use to take pictures of the car accident. Mani, a Charleston, West Virginia car accident lawyer, the best thing to do is be aware of the different thing you should and shouldnt do after a car accident. However, neither of these solutions is feasible for many seniors who, in their Golden Years, have retired from working. Williams is neither an attorney nor public insurance adjuster, but is an expert, consultant, and writer specializing in the field of automotive collision repair and valuations. In support of those findings, the trial court relied primarily upon documents produced by State Farm during discovery and upon the testimony of State Farms witnesses. The first question, whether diminution in value occurs even when physical damage is properly repaired, is one of fact. Accident only coverage provides compensation for accidents, including those resulting in death, loss of vision, a limb, and medical costs. If you are a retired senior and can not afford to pay for medical expenses, much less an individual medical insurance policy, consider applying for Medicare.