Does insurance owe for 3rd party diminution of value?

Answer it depends on the diminshed value laws of the state where the loss occurred.

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Life Insurance: Face Value vs. Cash Value?

Cash value life insurance is permanent insurance. It pays a death benefit no matter how long you live, provided you keep the policy in force. Life insurance is unique among forms of insurance, in t... Read More »

How does insurance value totaled cars?

Insurance companies value totaled cars based on the fair market value of the vehicle before an accident. In addition to this data, the insurance adjuster might revise the value based on local marke... Read More »

How does the insurance rate the value of a wrecked vehicle?

Answer Typically they go by what the same year make and model sells for in your area. Please note that they do not go by what the list price is on vehicles listed in the newspaper as that is not u... Read More »

Does Allstate Insurance have to pay dimished value on a 2004 Colorado in Georgia?

Answer Since you are asking the question I will assume that Georgia law does not require it. Even so being you can certainly make a claim for additional compensation although you may not get any. ... Read More »