All the car dealerships and show rooms are absolutely destroyed during hurricanes of any significant magnitude. That typically includes most of the fresh and used car inventory. More than 80 car dealerships have been totally destroyed, which means about 5,500 new vehicles, 2,000 used cars, as well as all the offices. Automakers on the franchised dealership lots do not guarantee these vehicles. You may find more details about this at car dealership near me.
Some are covered for inventory or need mandatory insurance through the flooring cost credit scheme. Most Gulf Coast Car Dealerships did not have ample insurance during Hurricane Katrina for this amount of damage. For certain levels of losses, many did not have such policies because of expense and/or underwriters did not want to cover the eventuality. In the aftermath and in retrospect, if you owned an insurance company, you would; hell, no!??
Since this is an issue, and since so many dealerships need to save all these cars from the hurricane, and since these cars are mobile, and since there were people who were told that they required compulsory evacuation, because you can put five people in a car, do you think you see where I’m going with that?
Have all those who are ordered to evacuate take a car with them after the storm and bring it back. Have they got it checked out like a library card with a full gas tank? Why, obviously, that if left, it will be damaged and if it is submerged, chemicals and fuel are likely to contaminate the surrounding environment. It is a condition of win/win. Now some solicitor will tell you that you can’t do that because if you do, someone could crash the car and sue your dealership and you’re still going to lose your dealership and the same amount of money. I say to that comment, go ahead and shoot the lawyer who says that suspend drivers’ license and insurance laws for evacuees in the face of common sense and should not allow such litigation during evacuations of natural disasters. Does that sound too simple? That’s it.
In addition, the costs associated with caring for persons who are unable to evacuate or save or injure them are much greater than a few miles in a vehicle. In addition to all those flooded vehicles, they will be sold at an auto auction and we will not be told by many buyers that they were completely flooded and destroyed. Either it will not be told to the used car dealerships who purchase them or the final buyer will be left in the dark. I want you to help me think about this