How To Protect Yourself and Your Finances – What Your Insurance Agent Won’t Tell You

How To Protect Yourself and Your Finances – What Your Insurance Agent Won’t Tell You


Today, we’re breaking down the profit margins
Insurance companies and aftermarket part manufacturers claim they’ve saved consumers by using cheaper
imitation parts. In January 2013 the Property Casualty Insurers
Association of America issued a special report that stated the use of aftermarket parts reduce
the amount INSURERS had to pay on claims. Insurers argue they need the savings to keep
premiums low, and yet premiums have raised 10% from the previous year across insurance
companies, and so have their profit margin. Insurance companies who force people to use
aftermarket parts cause long-term financial loss through “repair related diminished
value”. CAPA, an organization that test and certified
aftermarket parts also have many of the same problems with fit, finish and performance. Here at Orlando Auto Body, our number one
priority is you and your safety. Through our social media we provide tips to
help you stay informed. Please subscribe to our channels and connect
with us if you ever need high quality, OEM manufactured auto body repairs. Also if you have just had a repair and are
now worried if OEM parts were used, connect with us for a free, no obligation post –repair
inspection. Drive safe!

About the Author: Michael Flood

Leave a Reply

Your email address will not be published. Required fields are marked *