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Originally Posted by ukchris
One more note, there's been some discussion at PPBB about claiming for loss of value, if they fix your car the value is still impacted by the fact that it has an accident in its history. There is apparently a mechanism where you can get an estimate of the difference in value (say from a dealer) and claim in addition to repairs.Chris.
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In the insurance industry, they call it "diminished value". It's the difference between what your car would sell for with no damage vs. what it's worth after someone knows it's been damaged. Like Chris said, get the diminished value from a dealer, not a regular body shop. In Georgia, the insurance company is required to repair it to its' previous condition and pay you the diminished value so you are back in the exact same position you were before the accident.
Sorry to hear about the accident. Check with Hennesey Porsche in Alpharetta to see if they have a recommended body shop. There's one in Cumming, The Master's Touch, that is very good (according to a couple of friends). They did it right on their cars. Just make sure they use all genuine Porsche parts and they use the flex agent in the paint for the bumper all at the body shop of your choice. Also have them pay the body shop directly when the work is finished so they can't cut you a check and run then it turns out to be 20% higher. That needs to be spelled out in writing before you sign anything the insurance company gives you.