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Subject: diminished value check from State Farm
Hi, Monica -- wanted to thank you! I received a check from State Farm for $5,514. for diminished value of my car! Again, thanks because I couldn't have received that without your able assistance.
Hugs, Anne Reed

Insurance Industry News

Appraisal Group of America vs. Automated Diminished Value Sites

Useful advice if you were in an accident:

An error on the State of Missouri Department of Insurance website demonstrates how widespread mis-information is about diminished value. This Kansas City Star article tells how the state's web site forgets to mention the difference between first-party and third-party diminished value claims. An expert quoted in the story says that "They're the insurance department. They should know better. It's like a mechanic not knowing the difference between a spark plug and a lug nut." Fortunately, the Missouri DOI has updated the information in it's "Understanding Your Auto Claim" article. Now the document informs consumers that "Missouri courts have included diminished value as recoverable damages" for third-party claims. To learn about the differences between first-party and third-party diminished value claims, see our article.

Modern sports utility vehicles and trucks with full frames still present diminished value issues.

Odometer fraud or "Clocking" is a huge problem for consumers. Find out how we can help you protect yourself

Is the adjuster lying about diminished value? Read about common ploys used by insurance companies to avoid paying what they owe you.

Settling Diminished Value Claims:
Here are some strategies to help you get paid!

What the International Risk Management Institute says.
Expert commentary and legal background on "perceptual diminished value."

Insurance companies use an underhanded tactic to avoid paying for diminished value.

Whistleblowers Say State Farm Cheated Katrina Victims:

ABC News coverage of State Farm Insurance Fraud. Insiders say State Farm cheated Katrina victims. This page also has blog comments from viewers.

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