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Over 230,000 cars were damaged in Superstorm Sandy, according to the latest data analysis by the National Insurance Crime Bureau, or NICB. New York had the largest number of damaged cars at 130,000, followed by 60,000 in New Jersey and 40,000 in other states affected by the storm. The figures come from an analysis of insurance claims thus far.
Cars considered damaged range from minor, such a paint scratches from debris, to major, such as cars that were in standing water for days. While thousands of cars damaged beyond repair will be crushed, the NICB cautions car buyers to be cautious when buying a used car, as it may not appear damaged. For details, read "4 tips to avoid buying a water-damaged car." The NICB is also warning those affected by Superstorm Sandy to be cautious of unscrupulous contractors who offer to do car repairs in return for advance payment or an insurance check, as they may take the money without performing the repairs.
Tara Baukus Mello writes the cars blog as well as the weekly Driving for Dollars column, providing both practical financial advice for consumers as well as insight into the latest developments in the automotive world. Follow her on Facebook here or on Twitter @SheDrives.
