Diminished Value in South Carolina
In South Carolina, the at-fault driver should have their insurance pay for the damaged vehicle’s repairs on top of the value lost from the incident. If there is no way to repair your vehicle, the insurance company must comply to meet fair market value for your vehicle at the time of the incident. The state will also allow up to three years to file a claim. See the case below for more details:
Schulmeyer v. State Farm 25612
