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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.
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