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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