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Oregon Supreme Court supports Diminished Value claims

The Oregon Supreme Court strengthened Diminished Value claims with a ruling against Insurance Companies. An excerpt from the ruling:

Cases decided October 23, 2008

Jose Gonzales v. Farmers Insurance Company of Oregon, et al., (TC 9910-11479) (CA A128598) (SC S054486)

On review from the Court of Appeals in an appeal from the Multnomah County Circuit Court, Frank L. Bearden, Judge. 210 Or App 54, 150 P3d 20 (2006). The decision of the Court of Appeals is affirmed. The judgment of the circuit court is reversed, and the case is remanded to the circuit court for further proceedings. Opinion of the Court by Justice Robert D. Durham.

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Autoloss vs. Automated Diminished Value Sites

What is the difference between an automated diminished value appraisal and a diminished value appraisal completed by Autoloss? So much…

There are many automated websites selling so-called diminished value appraisals. Many of these so-called diminished appraisals are not signed and give no customer service if the client has problems. Autoloss believes the automated sites are good for information on Diminished Value but truly give little help with regards to successfully claiming diminished value.

Oregon's high court backs pickup owner over insurer

The "diminished value" lawsuit might end up including most insurance-covered auto repairs in the state since 1993

Friday, October 24, 2008
The Oregonian Staff

The Oregon Supreme Court on Thursday sided with an automobile policyholder who said his insurance company should pay not only for repairs, but also the loss in value his vehicle suffered as a result of an accident.

The class-action lawsuit could end up including most insurance-covered auto repairs in Oregon since 1993, said Dan Gatti, the lead plaintiff's attorney.

"It's huge," Gatti said.

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