In the Wake of Hurricanes Harvey and Irma, Beware the Purchase of Flood Damaged Automobiles

It is estimated that 500,000 insurance claims on damaged automobiles will be filed as a result of Hurricane Harvey alone. Given that Hurricane Irma engulfed the entire state of Florida, the number of hurricane damaged vehicles there can be expected to be immense as well. According to the Chicago Tribune, about half of flood damaged automobiles are resold and while it’s not ille ...Read the full article