With the new Insurance Companies Act will turn their parking lots into true "car graveyards" because they may auction or sell the vehicles considered "totaled." Yesterday we discussed our view of the new Law on Insurance Activity, today we bring a problem that is being formed to undertakings deriving from the same Act Before, when someone gave him "total loss" your vehicle (70% damaged), or because you fell a tree with many clubs today's water, or because they fell over a Gandola now are turning all the time, or because you stole it because, thank God there is not much insecurity in the country, or simply crash, the representative of the insurance company once declared total loss vehicle would the notary with the affected and there the latter would sell the car to the insurance company receiving the check for the amount.
Once the damaged car, the insurance company to leave and not lose everything, I had two via legal way, I could sell what remained of the car through a public auction, where many people bought these vehicles damaged beyond that obtain some investment vehicles, or insurance company just selling it to a "goatee", which usually and most recently as a result of the shortage of vehicle spare parts and auto parts in the country could solve what you were looking for for our car, but now it is not, in the part about what you can do the business of insurance total loss vehicles. Other prohibitions Thus, while the first part is told here as well, that is, our secure payment of declared total loss, the new law eliminates the second, in other words, insurance companies can no longer be auctioned vehicles or total loss selling them to a goatee!.
being so, Article 40 of the new law regarding "Other prohibitions" for insurance companies, in their ordinal 26 states: "Alienate for any reason, the automotive parts and vehicles that have been classified as total loss or not recoverable, the report said that due monthly insurance companies to the National Register of Vehicles and Drivers, in accordance with the provisions of the Land Transport Act, all of which means that insurers will have to "swallow" damaged cars with all their parts, creating in their huge parking lots "junk graveyards" where you can not sell a mirror mirror.
However, this measure only applies to insurance companies as we are seeing what he produces without doubt a capital loss, but all those who used the lack of spare parts for vehicles in a goatee look for solutions so that these do not take the feet of clay, but now it will not, so the problem of spare parts that are just starting out have eliminated an alternative solution.
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