Indemnity I was involved in an accident in Tx.

Posted on by

Indemnity
I was involved in an accident in Tx. My vehicle is only 8 months old and the damage was extensive; 50% of the vehicle. Due to services like CARFAX, the resale value of this vehicle will be greatly reduced. Is the insurance company or the at-fault driver required to indemnify this loss?

One thought on “Indemnity I was involved in an accident in Tx.”

  1. Re: Indemnity
    The other driver’s insurance company should pay your loss for repairs to the vehicle. There is no compensation for the alleged loss of value, because it is not known as of today. Who knows all the vehicles of your type may fall into a hole and yours be the last one left. That is more likely than receiving any compensation for the loss of future value of your vehicle.

    James Grissom
    Law Office of James P. Grissom
    3507 West Alberta Rd.
    Edinburg,, TX 78539

Comments are closed.