The Massachusetts standard auto policy does not require an insurer to pay inherent diminished value (IDV) to a claimant whose vehicle is damaged by one of its insureds.
The Massachusetts Supreme Court in a 6-0 ruling has upheld dismissal of a proposed class action brought against Commerce Insurance Co. on behalf of claimants denied payments to cover the diminished fair market value of their vehicles after collisions and repairs.
The high court first found that the plaintiffs bringing the suit did not have standing to do so— they must first obtain judgments