Diminished value · Connecticut

2021 Lexus IS diminished value in Connecticut

A 2021 Lexus IS with typical mileage (~67,500 mi) carries an estimated 17c diminished-value range of $93$185 on a pre-accident value around $23,134. Whether you recover it in Connecticut depends on the deadlines and rules below.

Connecticut deadlines and regulator

Statute of limitations:
2 years (property damage) · 2 years (personal injury)
Regulator:
Connecticut Insurance Department
Consumer line:
(860) 297-3800

Connecticut rules that shape a claim like this

  • Modified comparative fault — barred at 51% or more fault
  • 2-year statute of limitations for personal injury and property damage
  • Mandatory auto insurance: 25/50/25 minimum liability

Connecticut Insurance Department protects consumers and regulates the insurance marketplace. The state uses a modified comparative fault rule where claimants can recover as long as they are less than 51% at fault.

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