Diminished value · Minnesota
2024 Mercedes-Benz E-Class diminished value in Minnesota
A 2024 Mercedes-Benz E-Class with typical mileage (~27,000 mi) carries an estimated 17c diminished-value range of $1,464–$2,928 on a pre-accident value around $45,756. Whether you recover it in Minnesota depends on the deadlines and rules below.
Minnesota deadlines and regulator
- Statute of limitations:
- 6 years (property damage) · 6 years (personal injury)
- Regulator:
- Minnesota Department of Commerce
- Consumer line:
- (651) 539-1500
Minnesota rules that shape a claim like this
- Modified comparative fault — barred at 51% or more fault
- 6-year statute of limitations for personal injury and property damage
- No-fault PIP state — PIP coverage required
- Mandatory auto insurance: 30/60/10 minimum liability
Minnesota's Department of Commerce regulates insurance and provides consumer protection. As a no-fault PIP state with a 6-year statute of limitations, Minnesota provides generous timelines for consumers to file claims.
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