@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).

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

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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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1 Response to @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).

  1. Pingback: @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

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