Nissan 370Z Forum - View Single Post - I've joined the wrecked Z club... [not as severe]

awfrazer · 03-20-2011, 08:08 PM

Make sure you follow up with a diminished value claim...this is very important to do and they (the insurance company) won't mention it. I had an no-fault accident in my Z about a month after I got it where there was about $6,000 in damage. I got $5,300 in the diminished value claim to pay off a chunk of the loan with in addition to the damage being fixed.

This is to cover the loss of value of the vehicle after the accident.

03-20-2011, 08:08 PM	#60 (permalink)
awfrazer Base Member Join Date: Oct 2009 Location: Houston Posts: 6 Drives: 09 370Z Sport M6 Rep Power: 16	Make sure you follow up with a diminished value claim...this is very important to do and they (the insurance company) won't mention it. I had an no-fault accident in my Z about a month after I got it where there was about $6,000 in damage. I got $5,300 in the diminished value claim to pay off a chunk of the loan with in addition to the damage being fixed. This is to cover the loss of value of the vehicle after the accident. Last edited by awfrazer; 03-20-2011 at 08:16 PM. Reason: Clarity