Coverage for 'Diminution in Value' in Commercial Property Insurance Policies

Cases in numerous states mandate coverage for post-repair diminution of value under automobile policies. But few mandate such coverage under commercial property policies not covering automobiles.

33 minute readJune 10, 2013 at 02:59 PM
By
Lewis E. Hassett
Ryan C. Burke
Coverage for 'Diminution in Value' in Commercial Property Insurance Policies

Cases in numerous states mandate coverage for post-repair diminution of value under automobile policies. See, e.g., MFA Ins. Co. v. Citizens Nat. Bank of Hope, 545 S.W.2d 70

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