Check this out folks, this may save you some money in the future...
Diminished Value (D/V) after an accident:
If your vehicle was substantially damaged in the current accident and has no
history of significant collision involvement, you probably have sustained a
post-repair reduction in the resale value of your vehicle. In most states
you are entitled to be compensated, by the other party's insurance company
(if the other party were at fault), for any reduction in the resale value of
your repaired vehicle. In some states, you can even collect for this damage
from your own collision carrier.
This may mean the difference between getting my beat up 4x4 back and getting
my new R/T!!! I will be informing both the Insurance company and the leasing
company that I want a D/V appraisal done before we agree to settle.
Signifigant damage means a lower resale and that translates to $$$$.
Wish me luck!
===============================================
Preacher
Webmaster: http://www.bastaards.org
Owner: http://www.onelist.com/community/BASTAARDS
Columnist: http://www.wfthecoliseum.com
===============================================
----- Original Message -----
From: <Hemikota@aol.com>
To: <dakota-truck@buffnet.net>
Sent: Wednesday, March 22, 2000 8:35 PM
Subject: Re: DML: R/T Update
> In a message dated 3/22/00 7:28:13 PM Eastern Standard Time,
> preacher@carolina.rr.com writes:
>
> << Funny thing is, I used to get really pissed at people making bullshi*
> claims
> against insurance companies...
> Now, given the chance to do it again, I almost wish I would have....
>
> Try to do the right thing and get screwed....
> >>
> ME TOO! The system is so full of screwed up crap, oh miss the deer and
hit a
> rock, your at fault, they give you the money under collision
coverage...your
> rates go up...BUT, if I hit the deer its covered under "comprehensive",
where
> my rates wont gp up. Yeah but I hit the deer, it could have gone over the
> hood and through the windshield, still covered. A direct quote from my
> former insurance company, "Next time, hit the deer." WTF!
> Its the bottom line, you cost them too much money, they will drop you like
a
> rock.
> Dosent matter how long you have been with them....or how good you have
been...
> Hell you could have ran over Joe Palchinsky, still your rates would go up.
> Its a friggin game, a money game.
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