Hurricane Sandy

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@MGs4me

I work for an automobile salvage pool, we handle insurance losses for several companies. The amount of claims coming in to Geico (largest insurance writer on Long Island) from downstate is 600/hour. They have 15,000 pending claims right now. I would imagine that all losses from down state would be triple those numbers. You can figure 80% of all claims will be totalled. There is going to be an influx of salt water flooded cars of monumental proportions. In a few weeks these vehicles will start filtering in to the main stream auto market place, most will have branded “rebuilt salvage” titles but, I am sure a few unscrupulous dealers will find a way around that…Let the Buyer Beware!

keep a lookout for s2000s and turbo subarus