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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.

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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified insurance lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local insurance attorney to discuss your specific legal situation.

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