2016 Ram 3500 Crash / Diminished Value Result
This is a follow up post regarding the crash I had with my 2016 Ram 3500 Mega Cab DRW. I was sitting at a red light in August of 2017, and was rear ended at 35 MPH by a Class C Motorhome towing a veh...
Forum Discussion
No vehicle that has been in an accident is ever worth as much as it was before the crash. The quality/skill of the repairs are totally irrelevant. Compared to another identical make and model the one with no accident in its history will be worth thousands more regardless of how it was maintained. The insurance industry hates diminition of value claims but fortunately for them very few folks have even heard of this issue and even fewer are smart enough to pursue it.
My SIL was Tee boned driving his Prius by a similar sized car doing 35, she ran the light as verified by multiple witnesses. I urged him to pursue his loss of value but the other driver... single mom, under insured, with a baby at home was his first concern and he did not pursue his lawful, rightful compensation from her insurance company. Arrrrg!
He now has a car with a bent frame {that is worth thousands less than it was pre accident}, no question, despite her insurance comany's assurances that his Prius is good as new. Funny thing, when he drives through standing water his car now leaves 4 separate tire tracks... hmmm, good as new? :h I don't think so. :S
If you cannot be fully insured you have no, none, zero, nada business being on the street. IMHO: Uninsured/underinsured drivers should go straight to jail and stay there until full compensation to their victims can be paid.
OK, Rant off for now, but having family members screwed, hell, he could have very easily been killed by this idiot {and partly out of their own ignorance as in not listening to dad... but I digress} makes this a touchy subject for me.
As always... Opinions and YMMV.
:M
My SIL was Tee boned driving his Prius by a similar sized car doing 35, she ran the light as verified by multiple witnesses. I urged him to pursue his loss of value but the other driver... single mom, under insured, with a baby at home was his first concern and he did not pursue his lawful, rightful compensation from her insurance company. Arrrrg!
He now has a car with a bent frame {that is worth thousands less than it was pre accident}, no question, despite her insurance comany's assurances that his Prius is good as new. Funny thing, when he drives through standing water his car now leaves 4 separate tire tracks... hmmm, good as new? :h I don't think so. :S
If you cannot be fully insured you have no, none, zero, nada business being on the street. IMHO: Uninsured/underinsured drivers should go straight to jail and stay there until full compensation to their victims can be paid.
OK, Rant off for now, but having family members screwed, hell, he could have very easily been killed by this idiot {and partly out of their own ignorance as in not listening to dad... but I digress} makes this a touchy subject for me.
As always... Opinions and YMMV.
:M
