dimished value

by Darrin Tharp
(Baytown Texas)

Insurance company telling me that because my truck had a claim on it for hitting a deer in 2008 that i can no longer claim the diminished value for my truck on a recent wreck i was hit by and uninsured motorist and i have uninsured coverage there telling me that my 2005 f250 diesel truck is to old and dose not warrant coverage any more is this true.

Answer:

We have not seen any law or statute that would bar your diminished value claim because of a prior claim.

The argument would be that you would not be entitled to as much money with 1 claim that if you had none, however, you are still entitled to something. It's going to be a matter of how much.

Good Luck