ALBERTA

Alberta Flooding: Beware Of Flood-Damaged Cars For Sale, Warn Insurance Companies

07/02/2013 11:23 EDT | Updated 09/01/2013 05:12 EDT
EDMONTON - Be on the lookout for wet lemons.

That's the warning from insurance companies, which say some car-owners in flood-ravaged parts of southern Alberta may be looking to unload their water-damaged vehicles.

The Alberta government says any vehicle that has been submerged in water to a level at or above the dashboard or centre console is considered flood-damaged.

Rocco Neglia from Economical Insurance says it won't always be immediately noticeable, but within a year the electrical system might need replacing or repairing.

Neglia says the mechanical system might also be subject to extensive corrosion.

Things to watch out for include water stains, heavy perfumes to mask smells, rust, or condensation on the windows.

Neglia also says beware of the deal that's too good to be true.

"They'll want to get rid of it quickly, and one way to do that is by putting on an attractive sticker price."

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