Diminished value · Arkansas
2021 Ford Escape diminished value in Arkansas
A 2021 Ford Escape with typical mileage (~67,500 mi) carries an estimated 17c diminished-value range of $65–$129 on a pre-accident value around $16,140. Whether you recover it in Arkansas depends on the deadlines and rules below.
Arkansas deadlines and regulator
- Statute of limitations:
- 3 years (property damage) · 3 years (personal injury)
- Regulator:
- Arkansas Department of Insurance
- Consumer line:
- (501) 371-2600
Arkansas rules that shape a claim like this
- Modified comparative fault — barred from recovery at 50% or more fault
- 3-year statute of limitations for personal injury and property damage
- Mandatory auto insurance: 25/50/25 minimum liability
Arkansas Insurance Department regulates insurers and protects policyholders. The state follows a modified comparative fault rule where claimants are barred from recovery if found 50% or more at fault for the accident.
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