State Farm - Notice regarding changes to car policy!!!

[Birvini]

"The following is added to the definition of loss:

Loss does not include any reduction in the value of any vehicle...after it has been repaired, as compared to its value before it was damaged."

Time to find a new insurance company!!

 

[1TONY1]

Diminished value....that *****. I believe it is law in Georgia, at least until the insurance companys pay off the legislators.

 

[jimandela]

no notice of that here in NY yet...
********!!!
i have SF for everything .. if anything ever happens they better not give
me S H I T !!!!

 

[ViperJohn]

I am glad I just left State Farm. I guess you could always hire and lawyer and file suit if you had to.

 

[Birvini]

no notice of that here in NY yet...
********!!!
i have SF for everything .. if anything ever happens they better not give
me S H I T !!!!

I also use SF for everything. This will not go into effect until Feb 2004, which is not that far off.

 

[jimandela]

i will call tomorrow on this.
but i have recieved no notice of a change yet . dont i have to get a notice of policy change??????

 

[Birvini]

<font color="yellow"> Yes, they have to notify you. Doesn't mean it won't be in really small print that's hard to see! </font>

 

[b3rndtt0ast]

cause that was typed in yellow, did you type it faster? :-D
-dan

 

[Birvini]

<font color="blue">Come on now, we all know that blue or</font> black is the fastest!

 

[JGK95]

Tracy,
<font color="blue">You know that typing in Blue will add an additional 25 to 40 wpm! </font>

Jay K.

 

[Ulysses]

States that have auto insurance policy language that "excludes" diminished car-value payments:

Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Idoho, Indiana, Iowa, Kentucky, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Utah, West Virginia, Wisconsin, Wyoming.

I believe that there were 5 more states added since this list was compiled.

 

[Hoosier Daddy]

Nationwide sent me the same policy update last quarter. No diminished value can be claimed.

 

[Big Medicine]

from the insurer. what about the owner? sue his a$$.

 

[94 RT/10 Black MAMBA]

Use Grundy http://www.grundy.com/ for your Viper

and Progressive https://www.progressive.com/home1PolicyAccess.asp for everything else.

You can get quotes for free online.

 

[VIPERESS]

no notice of that here in NY yet...
********!!!
i have SF for everything .. if anything ever happens they better not give
me S H I T !!!!

I also use SF for everything. This will not go into effect until Feb 2004, which is not that far off.

So do I! That's interesting, I'll have to look into it.

 

[Vipersrule]

Lease and make sure you have "GAP" insurance from the leasing company. Then it just doesn't matter...