Diminished value · Maine

2023 Subaru WRX diminished value in Maine

A 2023 Subaru WRX with typical mileage (~40,500 mi) carries an estimated 17c diminished-value range of $395$789 on a pre-accident value around $21,919. Whether you recover it in Maine depends on the deadlines and rules below.

Maine deadlines and regulator

Statute of limitations:
6 years (property damage) · 6 years (personal injury)
Regulator:
Maine Bureau of Insurance
Consumer line:
(207) 624-8475

Maine rules that shape a claim like this

  • Modified comparative fault — barred at 50% or more fault
  • 6-year statute of limitations for personal injury and property damage
  • Mandatory auto insurance: 50/100/25 minimum liability

Maine Bureau of Insurance oversees insurance regulation within the Department of Professional and Financial Regulation. Maine has one of the longest statutes of limitations in the country at 6 years and higher-than-average minimum liability requirements.

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