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Q: Is there a time limit on a Diminished value claim?
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What does it mean when something has diminished in value?

When something has diminished in value, it means that the item's selling value has decreased on the market. This concept occurs because items wear out with time and get replaced by newer, often better products.


Time limit to file an Anthem claim?

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What is the time limit to file for an insurance claim in Illinois?

The time limit to file for an insurance claim in Illinois depends on the type of claim it is, such as house or car. Typically you have one year form the date of the incident to file. Your insurance company may set different limits.


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It can vary anywhere from 1 to 18 months.


How long does an auto insurance company have to settle a claim in Arizona?

In the state of Arizona, there is no specified time limit in which an insurance company has to settle a claim with an insured party or with a third party that has filed a claim. An individual does have a time limit of two years in which to file a lawsuit against the driver who was at fault in an accident.


Is there a statute of limitation for reporting a claim?

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What is the time limit someone can claim property left behind on someone elses property in California?

One year is the time limit someone can claim property left behind on someone else's property in the state of California. After the one year time period is up, the item is up for grabs.