Friday, November 09, 2012

Sandy and Panic Phase II

It always happens and it isn't evil or malicious it is just human nature.  The killer storm, the build up, the devastation and dire consequences.  Then the clean up, moving on and actual assesments.  Here's one of the latter:

http://www.manufacturing.net/news/2012/11/claims-about-flood-damaged-cars-arent-true


The companies — State Farm, Progressive, New Jersey Manufacturers and Nationwide — have received about 31,000 car-damage claims.
"It's not anything near what we're talking about in the Katrina situation," said James Appleton, president of the New Jersey Coalition of Automotive Retailers, a statewide association of more than 500 dealers.

A word of caution just like after Katrina:

So even if the numbers are far smaller than the estimates, anyone buying a used car in the coming months should check the title and repair history and have the car inspected by a mechanic. Buyers can also do their own inspection, sniffing for musty odors and checking for mud and debris under the dashboard.

Excellent advice.  I cannot list the number of times a used "California car" turned out to be from Chicago.

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