DAILY NEWS Feb 21, 2013 1:25 PM - 0 comments

Number of insured Sandy-damaged vehicles estimated at 250,500

TEXT SIZE bigger text smaller text
2013-02-21

Roughly 250,500 vehicles have been damaged from Superstorm Sandy, suggests a new estimate from the National Insurance Crime Bureau (NICB) in the United States.

Damaged carAccording to the preliminary estimate, New York’s number of damaged vehicles has increased to 150,000. The figures reflect insured losses based on the NICB’s claims data. The numbers also include claims with varying degrees of damage, the organization notes.

The estimates of vehicles damaged are:

New York 150,000
New Jersey 60,000
Connecticut 8,000
Maryland 5,500
Massachusetts 5,000
Virginia 4,500
Ohio 4,000
Pennsylvania 4,000
Delaware 2,000
New Hampshire 2,000
North Carolina 1,500
District of Columbia 1,000
Rhode Island 1,000
West Virginia   1,000
Maine 500
Vermont 500

“By now there could be many Sandy damaged vehicles that are in the process of being reconditioned and sold to unsuspecting consumers all across the country,” the NICB noted.

“It is not illegal to buy or sell flood vehicles, or vehicles declared as salvage as long as the parties to the sale are aware of the vehicle's status,” it added. “Consumers should be aware that severely damaged vehicles may appear advertised for sale without any indication that they were at all affected by Sandy. As always, buyers should be careful when considering a used vehicle purchase in the weeks and months following a disaster such as Sandy.”



Horizontal ruler

Disclaimer
Note: By submitting your comments you acknowledge that Canadian Underwriter has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of e-mails we receive, not all comments will be published and those that are published will not be edited. However, all will be carefully read, considered and appreciated.

comments powered by Disqus