Do You have a Diminished Value Claim?
April 13, 2009
In automobile collision events, diminished value means that the car is not worth as much following the collision as it was before the collision. In Oregon the measurement of diminished value is value of the vehicle before the collision minus the value of the vehicle following repairs after the collision. In Oregon, if the other party is at fault, a person is entitled to recover any diminished value that they suffered due to an automobile collision from the at-fault party. (more…)
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