Diminished Value Claims in Georgia


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Related to the "Mabry vs. State Farm (State Farm Mutual Automobile Insurance Company v. Mabry et al., 274 Ga. 498 (2001))" case, Georgia Insurance Commissioner John W. Oxendine issued a news release about his Directive No. 01-P&C-1 ordering insurance companies to "cease using any language which implies the Department has endorsed a particular formula or method to determine diminution of value."

Diminished Value Georgia Facts
First Party Covered YES
Third Party Covered YES
Statute of Limitations 4 YEARS


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