Hurricane Ian Has Insurance Crime Experts Warning Car-Buyers

  • Hurricane Ian flooded many vehicles when it hit Florida and other southern states last week. Experts warn unsuspecting car-buyers against the heightened risk of fraud as those cars may soon appear for sale across the U.S. without disclosing the damage.
  • It is too soon to know how many cars were damaged by Hurricane Ian, but the risk of fraud could be even greater following the deadly storm than in times past.
  • With the cost of used vehicles up nearly 40 percent since 2019, selling flooded-out cars is incredibly profitable and an attractive scheme for crooks.
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