Diminished value · Georgia

2021 Hyundai Palisade diminished value in Georgia

A 2021 Hyundai Palisade with typical mileage (~67,500 mi) carries an estimated 17c diminished-value range of $100–$200 on a pre-accident value around $24,984. Whether you recover it in Georgia depends on the deadlines and rules below.

Georgia deadlines and regulator

Statute of limitations:
4 years (property damage) · 2 years (personal injury)
Regulator:
Georgia Office of Insurance and Safety Fire Commissioner
Consumer line:
(404) 656-2070

Georgia rules that shape a claim like this

  • Modified comparative fault — barred at 50% or more fault
  • 2-year statute of limitations for personal injury; 4 years for vehicle property damage (O.C.G.A. § 9-3-31)
  • Mandatory auto insurance: 25/50/25 minimum liability

Georgia's Office of Insurance and Safety Fire Commissioner regulates insurance companies and protects consumers. Georgia uses a modified comparative fault rule where recovery is barred if the claimant is 50% or more at fault.

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