Am I eligible for a diminished value claim in Florida?
A few days ago, I parked in a shopping plaza, and I’ve since reviewed my car’s footage. I suspect that a white SUV may have scuffed my bumper while trying to maneuver. Unfortunately, I couldn’t confirm the vehicle’s details or prove what happened. I’m considering filing a claim with my own insurance to cover the repairs. My question is, since this incident wasn’t technically my fault, can I still claim diminished value on my car through my policy? I know it will be repaired, but I’m concerned about the loss in value due to the damage reflected on Carfax. I appreciate any advice!
In Florida, you can pursue a diminished value claim even if you were not at fault for the accident. However, since you were unable to identify the other vehicle or prove liability, it might complicate the process a bit. Here are a few points to consider:
Your Own Insurance: If you choose to have your own insurance cover the repairs, they may compensate you for the damage, but they might not automatically address diminished value claims.
Diminished Value Claim: Diminished value refers to the loss of resale value due to the accident, even after repairs are made. In Florida, you may need to prove the diminished value to potentially receive compensation for it.
Documentation: Maintain all documentation related to the incident, including repair estimates and any evidence you have from your car’s footage. This can be helpful in making your case for diminished value.
Consult Your Insurer: Reach out to your insurance company to ask if they cover diminished value claims and what the process would be in your situation. They may have specific requirements or procedures for handling such claims.
Legal Assistance: If you face difficulties or your claim is denied, consulting an attorney who specializes in insurance claims may be beneficial. They can provide guidance based on your specific situation.
In conclusion, while it may be a challenge to claim diminished value without clear fault, it’s worth discussing with your insurance carrier and exploring your options.