Four Ways Public Relations Four Ways PR 3199 Lakeshore Boulevard West, Suite 202 Toronto, Ontario M8Z 1R3 [email protected]416.569.1857 NEWS RELEASE MEDIA CONTACT Rasha Cheaib Media Relations Officer 416.569.1857 MyCarIsWorthLess.com Attn: News and media editors Date: January, 10. 2015 MyCarIsWorthLess.com ANNOUNCES EXCLUSIVE PROTECTION FOR YOUR CAR IN A NOT AT FAULT ACCIDENT AT THE NORTH AMERICAN INTERNATINAL AUTOSHOW Many North Americans are not unaware that insurance companies, in case of a not at fault accident, only cover the repairs but not the diminished value. In order to remediate to this situation, MyCarIsWorthLess.com is proud to announce an exclusive protection plan to recoup the value of their vehicle within 60 days in a not-at-fault accident. MyCarIsWorthLess.com today introduced a secure way to protect the value of your car across Canada. “Being involved in a car accident is never a fun experience. In fact, several Canadians have to pay up to the value of the damages of their car without receiving any form of compensation, although they weren’t at fault.” – Viraf Baliwalla, President of MyCarIsWorthLess.com. (more)
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According to the Canadian Transportation Safety Board, about 160,000 road accidents
occur in Canada each year.
Each year Canadians lose $1.2 Billion in diminished value of their vehicle from being
involved in a ‘no fault of their own’ type of accident.
Approximately 15% of vehicles on the road are involved in a vehicle damage claim annually. About 10% of those claims result in a total loss. 90% are repaired and have a claim registered against their history and therefore incur 'diminished value' which amounts to billions of dollars nationwide annually.
Studies also have shown that car accidents cost Canada a total of $62.7 bil lion every year.
MyCarIsWorthLess.com: An “Easy Sell”
MyCarIsWorthLess.com is an Online Diminished Value Calculator owned and
operated by TheyWroteOffMyCar Inc., a consumer helpline for those with auto insurance claims.
Memberships will be sold through auto dealerships alongside rust protection, gap and other F&I products when purchasing or leasing a new or used vehicle or can also be sold by service departments at any time prior to an accident.
The cost to generate an online diminished value report is $39.
The cost of the product is $1800 for 5 years coverage (New & Used cars).
Guarantee to recoup at least 80% of diminished value, up to $5,000, within 60 days without having client go to court.
Media Alert – MyCarIsWorthLess.com to introduce a secure way to protect the value of your car at the North American International Auto Show
January 16th 2016
What: Launch of a secure way for consumers to protect the value of their car.
Who: Cameron Hayley campaign spokesperson Viraf Baliwallah, President of MyCarIsWorthLess.com When: Saturday January 17th
Viraf Baliwalla, opening remarks 10 a.m Cameron Hayley speech 10 a.m. Viraf Baliwalla closing remarks 11 a.m. Lunch reception *to take place in the President Suite 12 p.m
Where: COBO Hall Salon D – North American International Auto Show Everyday North
American’s experience the diminished value of their automobile through not at fault accidents. A live webcast of the event will also be available at www.mycarisworthless.com/webcast/
Photo Opportunities:
To follow closing remarks 11 a.m. – 12 p.m
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For further information: Rasha Cheaib, Media Relations Officer, 416.569.1857