Diminished value · Georgia
2023 Lexus RX diminished value in Georgia
A 2023 Lexus RX with typical mileage (~40,500 mi) carries an estimated 17c diminished-value range of $622–$1,243 on a pre-accident value around $34,538. 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 and property damage
- 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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