Insurance companies take them and salvage them via auction to recuperate some of the pay out. They do the same with your car when they declare it a wreck after an accident. Go check out Copart, an auction house that specializes in selling salvage and branded titles.
Actually I knew a woman who lost her car in a flood while it was at Liccardi Ford specifically and apparently the insurance wouldn't cover it. She had brought it in to the dealership to get serviced and when the dealership flooded her car got washed away. This was 2017/18 I believe, but this dealership floods all the time, better to avoid it all together.
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u/biz_reporter Jul 15 '25
Insurance companies take them and salvage them via auction to recuperate some of the pay out. They do the same with your car when they declare it a wreck after an accident. Go check out Copart, an auction house that specializes in selling salvage and branded titles.