Post-accident, insureds and claimants are entitled to recover diminished value for their automobile’s loss. This applies to both first party and third party claims. Note that despite of State Farm Mutual Automobile Insurance v. Mabry et al, 274 Ga. 498, 556 S.E.2d 114 (2001), payments do not have to be based upon the 17c formula that often undervalues the loss but is used by many insurance companies.
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