Diminished value · Utah

2022 Tesla Model S diminished value in Utah

A 2022 Tesla Model S with typical mileage (~54,000 mi) carries an estimated 17c diminished-value range of $538–$1,076 on a pre-accident value around $44,834. Whether you recover it in Utah depends on the deadlines and rules below.

Utah deadlines and regulator

Statute of limitations:
4 years (property damage) · 4 years (personal injury)
Regulator:
Utah Insurance Department
Consumer line:
(801) 538-3800

Utah rules that shape a claim like this

  • Modified comparative fault — barred at 50% or more fault
  • 4-year statute of limitations for personal injury and property damage
  • No-fault PIP state — PIP coverage required
  • Mandatory auto insurance: 25/65/15 minimum liability

Utah Insurance Department regulates the insurance industry and provides consumer resources. As a no-fault PIP state with a 4-year statute of limitations, Utah provides moderate timelines and mandatory PIP coverage for accident victims.

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