New Jersey generated the most flood vehicle-related claims in wake of Hurricane Irene, according to National Insurance Crime Bureau. Claims processed by the group’s member companies show the Garden State had 4,121 such claims in August alone. It was followed by New York (2,809 claims) and North Carolina (2,585 claims). In East Coast states affected by the flood, 11,789 flood vehicle-related claims were processed in August, up from just 994 claims one year ago.
The non-profit group advises consumers to be alert for these potentially dangerous flood vehicles appearing in the used-car market in wake of Irene. Flood-damaged cars can be an attractive purchase for savvy consumers, but it can also lead to costly repairs and, potentially, life-threatening injuries, for buyers who are unaware.
Topics Auto Claims Flood New Jersey
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