Diminished Value Claims in Oklahoma

Does Oklahoma Allow Diminished Value Claims?

Yes. The diminished value of your vehicle is recoverable in the state of Oklahoma in third party cases only.

Is it mandatory for motorists to carry liability insurance in Oklahoma?

Yes. You are legally required to carry liability insurance in Oklahoma for every registered vehicle. The minimum coverage needed is $25,000 for bodily injuries for one individual involved in an accident, $50,000 for bodily injuries for one individual involved in an accident, and $25,000 for any property damage inflicted in an accident.

Do you handle diminished value claims in Oklahoma?

Yes. Although we are based in Texas, our services are available across the United States including Oklahoma.

Oklahoma Diminished Value Claims Information:

  • Statute of Limitations – 2 Years from the date of the accident.
  • From the at-Fault Party’s Insurance Company – Yes
  • Under your own policy’s Uninsured Motorist Coverage – No

Information by state

Oklahoma Diminished Value Claims
Whenever you need a diminished value assessment or report, or an appraisal report for losses related to any vehicle – car, motorcycle, boat, or RV, contact EAG.
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