Disclaimer: This article is for informational purposes only and does not constitute legal advice. Consult a qualified attorney for guidance.
Detailed Answer
When you file a diminished value claim in Connecticut, you ask your insurer to compensate you for the loss in market value after repairs. To succeed, you must prove the difference between your vehicle’s pre-accident value and its post-repair value. Strong evidence strengthens your claim. Key evidence includes:
1. Pre-Accident Valuation
- Vehicle valuation reports from Kelley Blue Book or NADA Guides.
- Comparable sales listings from dealers or online marketplaces near the accident date.
2. Post-Repair Appraisal
- Professional appraisal by a certified vehicle appraiser.
- Analysis of structural integrity, repair quality, and residual defects.
3. Repair Invoices and Photos
- Detailed repair invoices and parts receipts showing OEM parts.
- Before-and-after photos documenting the damage and repairs.
4. Vehicle History Report
- Carfax or AutoCheck report showing the accident history and severity.
5. Comparable Market Analysis
- Listings of similar vehicles without accident history for price comparison.
Connecticut Statutory Basis
Insurance companies in Connecticut must handle claims in good faith under Conn. Gen. Stat. §38a-816, which prohibits unreasonable claim denials or delays. A well-documented claim helps support your position with your insurer: Conn. Gen. Stat. §38a-816.
Helpful Hints
- Hire a licensed appraiser familiar with diminished value claims.
- Organize repair documents and photos by date.
- Gather comparables within the same geographic area and timeframe.
- Submit your claim promptly to avoid weakening evidence.
- Consider consulting an attorney if your insurer undervalues or denies your claim.