Marcari, Russotto, Spencer & Balaban
Free Consultations: (866) 866-8387
Blog

Property Damage in North Carolina

If your car was damaged in an accident, you’ll have a property damage claim against the responsible insurance company. If it can be repaired, the insurance company will be responsible for paying for the repairs as well as a comparable rental vehicle. The responsible insurance company should pay for each day you can’t drive your damaged vehicle. Even if you borrow a car from a family member or friend, you could still be compensated for the cost of a rental car.

Another point under property damage is loss of value. If the damage to your vehicle exceeds 25% of its total value, you are required to disclose this information when you sell or trade your car. However, with the inception of CarFax, your vehicle damage is now permanently tied to its history.

Your car’s value decreases even if it is repaired perfectly. This makes you vehicle worth less after the repairs than prior to the accident. As a result you have a “diminished value claim.”

If you've been in an accident, contact the experienced North Carolina personal injury lawyers at Marcari, Russotto, Spencer and Balaban. 

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

What our clients say
Reviews
Reviews
  • lawyers
    5.0/5.0

    I have worked with the firm for my daughter's case. Halima Sharif our paralegal and case coordinator was very helpful and available throughout the...

    Read more

    Client

  • google
    5.0/5.0

    Very friendly people. I had a hassle free , worry free experience with them. Thank you.

    Read more

    Clintin Bender

  • google
    5.0/5.0

    Very friendly people. I had a hassle free , worry free experience with them. Thank you.

    Read more

    Clintin Bender

  • lawyers
    5.0/5.0

    I am very pleased with the outcome of my case big thank you to Ms Mann and Ms Allie I appreciate all your hard work and yes I will recommend this...

    Read more

    Client

  • google
    5.0/5.0

    I have had nothing but a grand experience with @Zach Poole from Maracri, Russotto, Spencer & Balaban! He always gets back to me in a timely manner...

    Read more

    Karen Liendo

See all reviews
Get excellent legal representation at an office close to you.
  • This field is for validation purposes and should be left unchanged.
Call for free consultation

(866) 866-8387


Questions?

Our trained operators are ready to assist.

Start Chat
Offices serving North Carolina, South Carolina & Virginia

Available 24/7 — We’ll come to you

View all locations
back to top