Thursday, May 21, 2020

Using A Credit Card To Cover Insurance?

Using A Credit Card To Cover Insurance?





My family was finishing up a trip to Texas for my brother's wedding when I was on the interstate heading to the airport to fly home. When I had picked up the car a week earlier, I was kind of pissed because they were out of compact cars, and had 'upgraded' me to a tank of a Jeep SUV. When I pulled over and stepped out to inspect the wreckage, I first see that her car was completely and utterly totaled. I then looked over to my Jeep, which had a scratch and a loose exhaust pipe. Thankfully everyone was physically ok. The police showed up, and it appeared the police officer was the girl's buddy, as she didn't get ticketed, but the guy who dumped the trees did. The girl even hugged the cop after it was all done. I finished my drive to car rental agency, pointed out the minimal damage, and asked what to do next. They said I would be contacted, but the party-at-fault's insurance would likely cover it. I then called my credit card company, and they too informed me that the party-at-fault's insurance would likely cover it, but I could fill out the paperwork if desired. I declined filling out the paperwork, which turned out to be a mistake.





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Overall sales rose to 982,302 from 819,692 a year earlier. The seasonally adjusted annual sales rate was 11.5 million, the second strongest of the year behind March's 11.7 million. Ford said its retail sales rose 32 percent en route to a 25 percent overall gain, its fifth straight month of 20 percent or more. Toyota climbed sharply for the second straight month, again aided by no-interest loans and discount leases aimed at combating its recall crisis. Chrysler's 25 percent jump marked its first double-digit increase in almost five years. Nissan Motor was up 35 percent, and the Hyundai Group advanced 24 percent. Today's results lifted year-to-date sales 17 percent above those of early 2009, when automakers battled the weakest demand in almost 30 years. General Motors Co.'s four surviving brands -- Chevrolet, GMC, Buick and Cadillac - recorded a combined increase of 20 percent. Overall sales for the automaker were up 7 percent. Among smaller automakers, Subaru racked up a 48 percent gain in April and Volkswagen of America boosted its sales 39 percent.





At the other end of the spectrum, American Suzuki's April sales fell 23 percent and Porsche lost 6 percent. GM has predicted U.S. 11.3 million to 11.8 million light vehicles. Although GM economist Ted Chu said he thinks the second quarter will continue its current pace, he predicted a one-million-unit increase in second-half sales compared with the first six months. Chu said. GM is winding down Hummer, Pontiac and Saturn and has sold Saab. GM sold 9,150 Chevrolet Camaros, with about 7,800 of them going to individual customers. That's the highest retail total for the sports car since GM relaunched it in March 2009, said Steve Carlisle, vice president of U.S. Sales of the Chevrolet Silverado rose 12 percent, and the pickup saw its second consecutive monthly increase in sales to individual customers, Carlisle said. Its GMC Sierra sibling saw deliveries increase 13 percent, with a 19 percent increase in retail sales. Ford's increase will be "good enough to gain market share," said Efraim Levy, a Standard and Poor's analyst, in a research not. Ford was led by a jump of more than 42 percent in F-Series pickup trucks and a 41 percent rise in its Escape SUV.