fourlocks wrote:
"...with help from their insurance companies."???? You mean with help from the rest of America who pays insurance premiums. Someone is going to have to shell out billions to replace all the buildings, cars, etc. and you can bet the insurance companies will protect their profits by passing their "losses" on to the rest of us. Watch your rates jump, over the next year or two.
If the insurance company "totals" the car due to flooding, it is reflected on the title. These still make it to auction but that's not to say they will end up being sold to unsuspecting buyers as drivable. There are plenty of parts on a car that can withstand flooding such as body parts, tires. Even a swamped engine can be dismantled and put back into service. The only real problem in a flooded car is anything electrical.
If the owner has no insurance, they are free to dry the car out and sell it. Buyer be ware.