A Basic Overview
| Is there a statutory basis controlling diminished value claims ? | NO |
| Is there favorable Reported case law for Diminished Value Claims ? | NO |
| Can my Collision Coverage cover the Diminished Value of my vehicle ? | NO |
| Can my Uninsured Motorist cover my Diminished Value ? | NO |
| What is the small claims court authority limit ? | No Limit |
| What is the Statute of Limitations to recover my diminished value ? | 3 years |
| Are “iCan” appraisals accepted into evidence ? | YES |
Expanded Narrative
An Objective Overview of
Diminished Value Laws
in Massachusetts as reviewed by
J. D. Howard
MASSACHUSETTS IS NOT A DIMINISHED VALUE RECOVERY STATE …
Massachusetts case law precedent has held that Post-Repair Residual Diminished Value is NOT owed to a third party on a repaired vehicle. That case is entitled Martins v. Vermont Mutual Ins. Co (unpublished) circa 2019.
NOTE: Check with your tax advisor. You may (operative word “may”) be able to deduct your Post-Repair Residual Diminished Value from your income taxes as an “Uncompensated Casualty Loss”.
Truth . . . MATTERS !
FYI . . .
DRP (Direct Referral Program) Agreements do exist (in writing). Under the terms of a DRP agreement, a body shop surrenders virtual control of their facility, to an insurance company, in exchange for that insurance company’s promise to promote that body shop to their insureds and claimants. All decisions as to method of repair and parts to be used are dictated by the insurance company. We’ve actually read one State Farm DRP agreement that stated “the vehicle owner shall remain ‘Blind’ as to any difference of opinion that may arise between State Farm and [this] shop”.
Your FREE Estimate comes direct from … J. D. Howard.
You can view J. D. Howard’s BIO-CV for information on Our Founder.
To read how J. D. Howard learned about Diminished Value Law, see Ohio.
read why J. D. Howard became a Consumer Advocate, see Arizona.
