I live in RI but I commuted to Boston for 16 years. On Wed, Oct 20, 2021, 1:57 PM Andrew Strasfogel via Mercedes < mercedes@okiebenz.com> wrote:
> Rates will in any case, because (other than Curt and Dwight) Mass. drivers > are the WORST in the USA. > > On Wed, Oct 20, 2021 at 1:53 PM Allan Streib via Mercedes < > mercedes@okiebenz.com> wrote: > > > Tomorrows news headline: Insurance rates to rise in Mass. > > > > No free lunch. > > > > On Wed, Oct 20, 2021, at 12:50 PM, Andrew Strasfogel via Mercedes wrote: > > > SJC rules insurers must compensate for ‘inherent loss of value’ after > an > > > auto accidentThe unanimous decision by the state’s highest court means > > > owners might be able to recover money beyond the cost of repairs. > > > By Sean P. Murphy > > > < > > > https://www.bostonglobe.com/about/staff-list/staff/sean-p-murphy/?p1=Article_Byline > > > > > > Globe Staff,Updated October 19, 2021, 2:33 p.m. > > > < > > > https://www.facebook.com/sharer/sharer.php?u=https://www.bostonglobe.com/2021/10/19/business/sjc-rules-insurers-must-compensate-inherent-loss-value-after-an-auto-accident/?event=event25 > > > > > > < > > > https://twitter.com/intent/tweet?text=SJC%20rules%20insurers%20must%20compensate%20for%20%E2%80%98inherent%20loss%20of%20value%E2%80%99%20after%20an%20auto%20accident&url=https%3A%2F%2Fwww.bostonglobe.com%2F2021%2F10%2F19%2Fbusiness%2Fsjc-rules-insurers-must-compensate-inherent-loss-value-after-an-auto-accident%2F%3Fevent%3Devent25&via=BostonGlobe > > > > > > < > > > https://www.bostonglobe.com/2021/10/19/business/sjc-rules-insurers-must-compensate-inherent-loss-value-after-an-auto-accident/?et_rid=382466328&s_campaign=todaysheadlines:newsletter#bgmp-comments > > > > > > 42 > > > < > > > https://www.bostonglobe.com/2021/10/19/business/sjc-rules-insurers-must-compensate-inherent-loss-value-after-an-auto-accident/?et_rid=382466328&s_campaign=todaysheadlines:newsletter#bgmp-comments > > > > > > A ruling by the Massachusetts Supreme Judicial Court means auto owners > > who > > > can show their car is worth less after an auto accident, even after > it's > > > been repaired, are entitled to compensation from their insurer.Charles > > > Krupa/Associated Press > > > > > > In a victory for consumers, the state’s highest court ruled Tuesday > that > > > automobile insurers that are liable for the cost of repairs to a > vehicle > > > damaged in a crash must also pay for any diminished market value > > resulting > > > from the accident. > > > > > > The ruling by the Massachusetts Supreme Judicial Court means consumers > > now > > > may be able to recover money from insurers beyond the cost of fully > > > repairing their vehicle. > > > > > > That additional payment is intended to compensate owners for a loss in > > > value because cars and trucks that have been involved in accidents > > > sometimes fetch less money when they are resold. > > > > > > Citing the language from a previously decided case, the SJC wrote, “The > > law > > > attempts to put the consumer in a position as nearly as possible > > equivalent > > > to his (or her) position” before the crash. > > > ------------------------------ > > > ------------------------------ > > > > > > A consumer is “entitled” to be “made whole and compensated for what he > > has > > > lost,” the SJC wrote. > > > _______________________________________ > > > http://www.okiebenz.com > > > > > > To search list archives http://www.okiebenz.com/archive/ > > > > > > To Unsubscribe or change delivery options go to: > > > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > > > > > > _______________________________________ > > http://www.okiebenz.com > > > > To search list archives http://www.okiebenz.com/archive/ > > > > To Unsubscribe or change delivery options go to: > > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
