How Will Hurricane Helene Impact Auto Insurance, Dealers, and Used Prices?

While natural disasters are something insurance firms have to deal with on a regular basis, some are so serious that they cause the industry to reassess how they offer coverage. Hurricane Helene, which devastated parts of Florida, North Carolina, South Carolina, Georgia, Virginia, Tennessee and even Kentucky, is looking like one of those events. Estimates have the storm causing upwards of $47.5 billion in losses for property owners. Insurance companies, which are in the business of making money, are going to have to cover some of that — with automobiles being second only to houses.

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  • Mister Mexican. 1999 Volkswagen Beetle.
  • Michael S6 I don't want any 25 year old car, imported or domesticated!
  • Astigmatism I've said this before, but my forbidden fruit is the M340i Estate that BMW sells in Europe, just as it's been whatever saloon car my UK colleagues have had access to over the last 20 years that I haven't. And no, not the M3 or M5, both of which have grown too overpowered, too heavy, too brittle, and too track-focused to be happily used as commuters and family haulers.
  • ToolGuy I saw a McLaren on the road while driving last night. I didn't want to switch vehicles.
  • ToolGuy The range looks more promising than the roofline.