Diminished value · Tennessee
2023 Volkswagen Tiguan diminished value in Tennessee
A 2023 Volkswagen Tiguan with typical mileage (~40,500 mi) carries an estimated 17c diminished-value range of $359–$717 on a pre-accident value around $19,926. Whether you recover it in Tennessee depends on the deadlines and rules below.
Tennessee deadlines and regulator
- Statute of limitations:
- 3 years (property damage) · 1 years (personal injury)
- Regulator:
- Tennessee Department of Commerce and Insurance
- Consumer line:
- (615) 741-2241
Tennessee rules that shape a claim like this
- Modified comparative fault — barred at 50% or more fault
- 1-year statute of limitations for personal injury, 3 years for property damage
- Mandatory auto insurance: 25/50/15 minimum liability
Tennessee Department of Commerce and Insurance oversees insurance regulation and consumer protection. Tennessee has one of the shortest statutes of limitations in the country at just 1 year for personal injury claims.
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