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Bronco wreck after a month!
- Thread starter Sethsquatch
- Start date
- Watchers 3
Gotcha...I'm used to the 'No-Fault' insurance here in Michigan, where your insurance takes care of your vehicle, regardless of fault.
Also, I think you are looking for "Diminished Value", not depreciation. Good luck with it!
That's generally not how it works though. They'll pay to make your car whole, assuming it's not ridiculously out of line to do so. But they won't pay you any extra for lost value.
Did the air bags deploy? Glad everyone is OK.Just wanted to share my experience after having a minor accident yesterday.
Girl ran a red light and ended up having an offset head on collision with my wife, pretty slow speed. Caught the brunt on the tow hook.
Basically just a plastic trim piece around the hook and the grille. Pretty significant damage to the offender though. Nice to see they're pretty burly in an accident.
Hit me up with questions if you're curious!
- Thread starter
- #20
There is an entire division for "diminished value" as a previous poster said.
If you're driving a 65k dollar car, and it's worth 75-80k on the open market, the insurance definitely owes you something if one of their clients causes damages that diminishes your value, and that goes back to cross shopping 2 cars, one has a clear car fax, one doesn't. There's definitely a different value between the two.
- Thread starter
- #21
No airbags, maybe if the fender got hit where the sensor is, not sure how that works.
Thanks for asking!
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