From the at-Fault Party's Insurance Company
YES: in Every State except Michigan
•Arkansas• Alabama• Colorado• California• Connecticut• Florida• Delaware• Georgia• Idaho• Indiana•
Illinois• Kentucky•Kansas• Louisiana •Maryland•Maine•Massachusetts•Mississippi•Minnesota•Missouri•Montana•Nevada•
New Jersey•Nebraska•New York•New Hampshire•New Mexico•North Dakota•North Carolina•Oklahoma•Oregon•Rhode Island
•Pennsylvania•South Dakota•South Carolina•Tennessee•Texas•Utah•Virginia•Vermont•Washington•Wisconsin•West Virginia•Wyoming
If the at-Fault Party has No Insurance
YES: under your own policy's Uninsured Motorist Coverage, but only in the following states:
• Alaska • Arkansas • California • Delaware • District of Columbia • Georgia • Hawaii • Illinois • Indiana • Louisiana • Maryland • Mississippi • New Jersey • New Mexico • North Carolina • Ohio • Oregon • Rhode Island • South Carolina • Tennessee • Texas • Utah • Vermont • Virginia • Washington • West Virginia.
From My Own Policy's Collision CoverageYES: in Georgia, Kansas, North Carolina and Washington
In Kentucky, the at-fault driver's insurance company is generally responsible for paying the diminished value of a car that has been in an accident. However, Kentucky law does not explicitly address diminished value claims, so it may be necessary to negotiate with the insurance company to seek compensation for diminished value. It is recommended to consult with a legal professional for guidance on how to pursue a diminished value claim in Kentucky.
In Kentucky, if your car has been in an accident that was not your fault, you may be entitled to receive compensation for the diminished value of your vehicle. The amount of compensation you can receive will depend on factors such as the age of your car, the extent of the damage, and the pre-accident value of your vehicle. It's recommended to consult with a legal professional for specific guidance on diminished value laws in Kentucky.
In Illinois, car owners can seek compensation for diminished value after an accident through a third-party claim with the at-fault driver's insurance company. However, there is no specific statute or law in Illinois that outlines diminished value claims. It's essential to provide evidence, such as repair records and professional appraisals, to support your claim.
Arkansas does not have a specific statute providing for diminished value claims. However, Arkansas courts have recognized the right to seek damages for diminished value as part of a property damage claim in certain circumstances. It is advisable to consult with a legal professional for guidance on pursuing a diminished value claim in Arkansas.
West Virginia Supreme Court, in Ellis v. King, 400 S.E.2d 235 (1990), found as a method of determining recoverable damages: "If the vehicle looked and operated substantially the same after the accident but its market value had been diminished by the fact of being in an accident, then to be adequately compensated, the injured party must receive, in addition to the cost of repairs, the diminution in market value stemming from the injury."
Michigan is the only state that does not allow diminished value
Nebraska is a diminished value state, which means you may be entitled to the diminished value of your vehicle after an auto accident. The statute of limitation on diminished value claims in Nebraska is 4 years, and Nebraska does not have uninsured motorist coverage for diminished value. You can't submit a Nebraska diminished value claim if you were the at-fault party in an accident, or if the damage was caused by something other than a collision.Nebraska Statute Of Limitations: 4 YearsUninsured Motorist Coverage: NODiminished Value For At Fault Party: NO
Texas Statute Of Limitations: 2 YearsUninsured Motorist Coverage: YESDiminished Value For At Fault Party: NO
Kentucky Statute Of Limitations: 5 YearsUninsured Motorist Coverage: NODiminished Value For At Fault Party: NO
Pennsylvania Statute Of Limitations: 2 YearsUninsured Motorist Coverage: NODiminished Value For At Fault Party: NO
Illinois Statute Of Limitations: 5 YearsUninsured Motorist Coverage: YESDiminished Value For At Fault Party: NO
Pennsylvania Statute Of Limitations: 2 YearsUninsured Motorist Coverage: NODiminished Value For At Fault Party: NO
In Kentucky, the at-fault driver's insurance company is generally responsible for paying the diminished value of a car that has been in an accident. However, Kentucky law does not explicitly address diminished value claims, so it may be necessary to negotiate with the insurance company to seek compensation for diminished value. It is recommended to consult with a legal professional for guidance on how to pursue a diminished value claim in Kentucky.
North Carolina Statute Of Limitations: 3 YearsUninsured Motorist Coverage: YESDiminished Value For At Fault Party: NO
Not at fault Alabama Statute Of Limitations: 6 YearsUninsured Motorist Coverage: NODiminished Value For At Fault Party: NO
In Kentucky, if your car has been in an accident that was not your fault, you may be entitled to receive compensation for the diminished value of your vehicle. The amount of compensation you can receive will depend on factors such as the age of your car, the extent of the damage, and the pre-accident value of your vehicle. It's recommended to consult with a legal professional for specific guidance on diminished value laws in Kentucky.
New Mexico Statute Of Limitations: 4 YearsUninsured Motorist Coverage: YESDiminished Value For At Fault Party: NO