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Texas - Diminished Value Claim


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Posted

Does anyone know the rules of Diminished Value Claim in Texas? 
 

My friend car roof was hit a flying object during storm and car insurance company is fixing damages (roof change) for about 12,000$ as per Comprehensive Insurance Policy 

However the damage will be listed on Car Fax and so he is worried the car value will go down 

 

His insurance company said he is not eligible for Diminished Value Claim because this is not a collision claim where in a 3rd party was involved 

but it’s comprehensive claim where insurance company itself is settling 

 

did anyone face this issue? 

Posted

Aithe insurance tho cheyinchaddu ani cheppu and let him get it repaired for 12k if he’s worried 

  • Haha 2
Posted
1 minute ago, neneno1 said:

Aithe insurance tho cheyinchaddu ani cheppu and let him get it repaired for 12k if he’s worried 

Wow 12k is too high na 

We usually try to get it done if it’s around 2-3 k so that it does not get logged in carfax but 12k is high na 

Posted
5 minutes ago, neneno1 said:

Aithe insurance tho cheyinchaddu ani cheppu and let him get it repaired for 12k if he’s worried 

12k petti car repair cheyinche badulu kotha car konukkotam nayam

Posted
37 minutes ago, Kootami said:

12k petti car repair cheyinche badulu kotha car konukkotam nayam

His car is new 2023 Rav Hybrid 

so car value (as per insurance is 32k itseems) 

so insurance is fixing it and he is paying 750$ deductible 

Posted
3 hours ago, Armanii said:

His car is new 2023 Rav Hybrid 

so car value (as per insurance is 32k itseems) 

so insurance is fixing it and he is paying 750$ deductible 

Amminapudu padochule tension, RAV4 ante inko 10 years sangathi. Avva kavali buvva kavali ante ela? Alanti vatiki peddaga diminish avvadu so need not worry.

Posted
On 6/22/2024 at 1:05 AM, Pavanonline said:

Amminapudu padochule tension, RAV4 ante inko 10 years sangathi. Avva kavali buvva kavali ante ela? Alanti vatiki peddaga diminish avvadu so need not worry.

Ok bro will tell him 

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