@HondaofHollywood @Honda @StateFarmClaims @StateBarCA @LAPD Re: reported hit and runs with damage under $750.00 can be reported to a California data base where #CarFax can report it as an accident of unspecified damage that can lower the value of one’s car far more than State Farm is willing to pay. Public policy argument: Reporting of hit-and-runs may depreciate new automobiles. Consumer left holding negative equity for life car loan (unless it’s leased, but we didn’t know that before today). — John Rubens

Posted on May 12, 2016 by johnrubens

https://johnrubens.wordpress.com/2016/05/12/statefarmclaims-re-reported-hit-and-runs-with-damage-under-750-00-can-be-reported-to-a-california-data-base-where-carfax-can-report-it-as-an-accident-of-unspecified-damage-that-can-lower-the-value

via @StateFarmClaims @StateBarCA @LAPD Re: reported hit and runs with damage under $750.00 can be reported to a California data base where #CarFax can report it as an accident of unspecified damage that can lower the value of one’s car far more than State Farm is willing to pay. Public policy argument: Reporting of hit-and-runs may depreciate new automobiles. Consumer left holding negative equity for life car loan (unless it’s leased, but we didn’t know that before today). — John Rubens

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About johnrubens

B.A. ; J.D. ; author of anti-novel "Skyscraper Heavens". https://johnrubens.wordpress.com; https://blogosphere45.blogspot.com
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