Originally Posted by Bucking Bar

When does an owner sustain diminished value? If the vehicle has not been sold, has any loss been sustained? Does a 1998 Nissan Sentra suffer diminished value in the same manner as a 2013 Carrera 3? What if the car is leased, not owned, who then has the diminished value claim?

Auto insurance is largely based on claims experience. Members of mutual insurers like State Farm and USAA are share holders in companies who's structures bear the echos of farmers' mutual aid societies (your barn burns down and the neighbors agree to help rebuild it).

I am glad my insurer is not on a list of insurers liked by a company offering it's services to help exaggerate claims for a big fee.

Wasatch Phantom is right. For specialty products specialty insurers are the.way to go. Betterment on an emblem is silly. That silliness leads to the