What Is The Law Regarding Diminished Value?

Maine Insurance Laws do not specifically address diminished value. We do know that many insurers honor these claims when they can be documented, such as when a consumer sells the vehicle that was damaged fairly soon after an accident and the loss in value can be established.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

Additional Insurance Articles

Search LawInfo's Insurance Resources

Lead Counsel Rated Law Firm

Click Here to Learn More