How Do Insurance Companies Handle Repossessed Flood-Damaged Vehicles?

1 Answers
MacJuliet
07/28/25 5:31pm
For relatively new and popular mid-range vehicles, even if the water damage does not meet the standard, you can negotiate with the insurance company for a total loss settlement. The insurance company will repair the totaled vehicles, sign an agreement with auction companies to sell them, and then they will enter the used car market. The entire process is reasonable and legal.
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