Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Liberty Mutual Carfax protect buyers from flooded damaged cars
BOSTON (7/24/08)--Liberty Mutual and Carfax are partnering to help consumers shopping for cars eliminate the ones that have been flood damaged or totaled. Liberty Mutual is providing Carfax with data on every car declared a total loss and sold for salvage for the past five years and forward. Consumers can perform a flood check on cars they are interested in buying through the Liberty Mutual Rewards website. “Varying state laws and a deceitful practice called ‘title washing’ allows salvaged cars to be sold without any documentation they were once totaled,” said Ted Gramer, Liberty Mutual executive vice president of personal claims. “In the aftermath of disasters like the recent Midwestern floods, consumers need added protection from increased fraudulent activity.” Carfax is offering the check for free, and Liberty Mutual customers can purchase a Carfax vehicle history report at a 25% discount. Liberty Mutual also announced its support of the National Insurance Crime Bureau’s VINCheck buyer protection program. Consumers can input the 17-character identification number to determine if a participating insurance company, such as Liberty Mutual, has previously declared the car a loss.
Other Resources

RSS





print
News Now LiveWire
#FinCEN seeks nominations of FIs, trade groups for membership on Bank Secrecy Act advisory group http://t.co/l5w58c277W
26 minutes ago
MI pediatric dentist pledges $20K match to Hurley Children's Hospital if it wins @CUDirect's 20 for 20 http://t.co/Eq2nIPm6jo
51 minutes ago
Kids learn budgeting with M&Ms http://t.co/SzXipTLX12
1 hours ago
Neb. #creditunions report widespread growth: 3Q review #NewsNow #system http://t.co/BavEljz15w
2 hours ago
Economic growth leaps in Nov, @ChicagoFed reports http://t.co/8Xo9lKLFf2
2 hours ago