According to the holding in American Manufacturers Mutual Ins. Co. v. Schafer, once a vehicle has been damaged and repaired as a result, it is going to be worth less than a comparable vehicle that has not been in a wreck.
In light of said holding, in the situation where one's automobile is damaged as a result of another driver's negligence, the 'at fault' driver's insurance company (third party insurance) may be liable to the party not at fault for the diminished value of thier vehicle.
The aforementioned discussion is of a general nature and should not be construed as legal advice. Should you have a legal question, please consult a licensed attorney.
April 29 2008 08:59 AM
The Ross Law Group Texas Personal Injury Law Blog
By Administrator,
Welcome to our Texas Personal Injury Law blog. This is our first post in what we hope to establish as a dynamic and informative resource for both those who may require legal representation related to personal injuries and fellow personal injury law practitioners.
Blog entries on our Texas Personal Injury Law blog will be submitted only by attorneys of Ross Law Group, our Austin, Texas based civil litigation firm. This blog is just one facet of our Texas Personal Injury Law website. We hope that you find our entire website informative, and we encourage you to check back with our Texas Personal Injury Law blog often for discussion regarding the latest Texas Personal Injury Law trends and information for those who may be in need of personal injury legal representation.
