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Reimbursed for future loss of value?

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kbc10

Junior Member
What is the name of your state? CA

I was in T-bone accident where the body shop was close to totalling my car (2005 BMW 325i) - it is instead going to be fixed. The shop told me I should go after the person at fault (or the insurance company???) for the value that I am losing for future resale since I now need to disclose that I was in an accident. Does anyone have experience with this? How do I go about this? Who do go after? Her or her insurance company?

Thank you.
 


moburkes

Senior Member
What is the name of your state? CA

I was in T-bone accident where the body shop was close to totalling my car (2005 BMW 325i) - it is instead going to be fixed. The shop told me I should go after the person at fault (or the insurance company???) for the value that I am losing for future resale since I now need to disclose that I was in an accident. Does anyone have experience with this? How do I go about this? Who do go after? Her or her insurance company?

Thank you.
You sue the person that caused the accident. In CA, most insurance companies exclude coverage for diminished value claims.
 

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