A common statement I hear at my law firm about Texas diminished value claims is the insurance company insists they will not pay diminished value claims. In fact, this is probably the #1 statement I hear from people looking for help settling their diminished value claim. Insurance companies are experts in defending against car wreck claims. […]
Most insurance companies use a diminished value calculation known as “17c”. This diminished value calculation was developed by Infinity Insurance and first implemented in a court by State Farm in a Georgia lawsuit in which State Farm submitted this calculation method as a way to calculate diminished value. The court in that case (Mabry v.
When you own liability insurance, whether it is home insurance or auto insurance, your policy undoubtedly possesses a clause that allows you to turn the claim over to the insurer when the claim is covered under the policy. The insurance company then has a duty to defend you from lawsuits for those claims. Typically insurers
Subrogation in a personal injury claim is the right of an entity who paid on your claim to seek repayment by another person or entity either by contract or by law. In the majority of Texas personal injury cases one or more subrogation claims arise. Addressing subrogation claims is a critical part of the work
What is subrogation in a Texas personal injury claim? Read More »
A personal injury lawsuit in Texas is definitely not a fast process in most cases and depends upon the particular facts and even which county the injury occurred in. The speed a case can go to trial in Tarrant County can be different from Dallas County. However, the process is typically similar. Your first step
What happens in a personal injury lawsuit? Read More »
In yesterday’s post I explained how to open negotiations with the insurance company about your diminished value claim. If you did not succeed negotiating your diminished vlue claim (sometimes called a DV claim) then you sent a demand letter. This letter should begin more serious negotiations with the insurance company. The insurance company will work
Filed a demand letter for diminished value claim, now what? Read More »
Yesterday I discussed how to evaluate your diminished value claim. Today we’ll discuss how to assemble and submit your diminished value claim to the insurance company. You can hire a lawyer, like myself, to assemble your claim and negotiate with the insurance company. However, unless your car is a luxury vehicle or you also have injury
How to submit a diminished value claim Read More »
Yesterday I posted the first part of this series on diminished value, explaining diminished value and the types of diminished value. Today’s post will deal with how to evaluate your diminished value claim. Recovering diminished value claims is informational warfare with the insurer to prove that you: (1) lost value on your car; (2) what amount you have
How to evaluate a diminished value claim Read More »
Today’s post is about diminished value under Texas law. Future posts this week will discuss: (1) how to evaluate a diminished value claim; (2) how to file your diminished value claim; and (3) what steps you will need to take after you file your diminished value claim. Diminished value is a form of monetary relief
What is diminished value? Dallas employment lawyer explains Read More »
Aftersome technical issues at the office Thursday I decided to head home mid-day. I almost made it home in Keller, Texas when I drove into some unusual traffic at the intersection of 377 and Golden Triangle. This intersection in Keller is a critical juncture because it is the main thoroughfare from Interstate 35-W to Southlake and Grapevine, where
Keller, Texas Car Accident at 377 and Golden Triangle Read More »
This unbelievable car wreck occurred on I-30 just south of downtown Fort Worth at I-30 and Henderson. One Ferrari and one Lamborghini involved in the car wreck. No other cars appear involved in the damage. To the left you can see the two cars. The red Ferrari is seriously damaged on the left and the
Ferrari and Lamborghini car wreck in Fort Worth, Texas Read More »
If you have been in a car accident, an insurance company will become involved in settling claims. In Texas, the insurance companies have a strong lobby and the law often benefits them more than the drivers. Unless the accident was minor and the responsible driver offered to pay out of pocket, you will most likely
I have been in a car accident. What Should I do? What Shouldn’t I do? Read More »
Most personal injuries, such as car accidents and premises injury claims involve an insurance company to settle an injury claim. In Fort Worth or Dallas, a claim may settle with the adjuster or the insurer may hire local Texas lawyers. The time and complexity involved in settling an injury claim or suit depends upon the injuries, the
How long will it take to settle an injury claim? Read More »
Vehicle accidents are an unfortunate result of our automobile-driven transportation system in Texas. In Tarrant County alone, there are over 20,000 traffic accidents each year. With over 1.8 million people in the county, that is one accident per ninety people each year. (Although this is somewhat inaccurate because non-Tarrant County residents also get in accidents
Common places car accidents occur Read More »
In Texas the value of a personal injury is the result of a complex array of factors including the insurance company, the insurance policy, the type of injury, where the injury occurred, the severity of injury, lost wages and other personal financial costs, the expected future medical expenses and lost wages, the incentive to the
How do I calculate the value of a personal injury claim? Read More »
Injuries can lead to serious and long term physical, emotional and financial harm. If you have been injured in Texas then you should speak with a lawyer soon after the injury. Lawyers can assess the merits of your case and help obtain relief owed to you under Texas law. Recovering for an injury with the
Top Five Personal Injury Questions in Texas Read More »
You may have insurance claims through many events in your life. You may have been in a car accident in Texas where you filed against an insurance policy. Your home may have been damaged by weather and you have to file against your homeowner policy. As a renter, you may need to file a claim when
Do I need a lawyer to negotiate an insurance claim? Read More »
If you have truly minor damage to your vehicle, such as paint scratches or minor dents, then as long as the insurance company pays for all of the damage and restores your vehicle to its pre-accident condition then you may not need an attorney. If the damage to the vehicle was slight you likely did
Just got into a car accident, do I need a lawyer in Fort Worth or Dallas? Read More »