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Find out what you need to do to protect yourself in the case of vehicle flooding.
Flood-damaged cars that are considered a total loss by an insurance company should be re-issued a "salvage" title. This means the vehicle has suffered extensive damage, typically making it unsafe ...
When storm cleanup starts, St. Louis automotive expert Jay Grosman says problems can start for car buyers. Buyer beware: Flood-damaged vehicles from hurricane-impacted states could flood the ...
Severely damaged vehicle total loss: A vehicle that can be repaired but which would cost more than some predefined amount (often 75–100% of the car's value) to repair. Subject to structural safety inspection before it can be driven; documentation of repairs and sources of repair parts may also be required, depending on jurisdiction.
While FEMA flood maps showed 8 million properties to be in high-risk flood zones where the estimated flood risk is 26% over the course of a 30-year mortgage, climate risk research in September 2024 estimated that 18 million properties are at the level of risk of a FEMA high-risk flood zone because more than one-fifth of FEMA flood maps for ...
Edmunds shares tips to avoid buying a flood-damaged car, telltale signs to look for, and what to do if you already bought one. Edmunds shares tips to avoid buying a flood-damaged car, telltale ...
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