Victim Tax: Driver on the hook for nearly $9,000 repair after hit-and-runner hits her uninsured parked car
Toronto, Ontario — What was intended as a frugal decision after an unfortunate accident has left a Scarborough mother with a nearly $9,000 repair bill after her parked car was damaged in a hit-and-run. After a former boyfriend wrecked her 2021 Hyundai Sonata and left her with the $1,000 insurance premium increase that resulted, Shanise […]
Crunching the Numbers: Catalytic converter theft rates higher than reflected numbers, report says
Toronto, Ontario — A new report from the U.S.’s National Salvage Vehicle Reporting Program (NSVRP) gets down to brass tacks on how catalytic converter thefts are costing the insurance industry and everyday drivers, more than what initial estimates may reflect. Based on data collected by State Farm, catalytic converter thefts are up 33 percent in […]