NOVEL CORONAVIRUS (COVID-19) UPDATES

Masks are required as the campus is at red status.

COB Professor Yao Contributes Expertise to WalletHub in Totaled Car Guide

Professor Haibo (Stephen) Yao recently contributed his expertise for WalletHub as part of a panel of experts in the Totaled Car Guide: Key Things to Know in 2021.

“A totaled car is a car that would cost more to fix than it is worth, or a car that cannot be repaired safely or cost-effectively,” stated author McKayla Girardin.

The article goes on to explain the process of what happens when a car is declared a total loss and what to do. Yao gave his advice on the following questions:

  • Should drivers ever consider keeping a totaled car?
  • How can drivers get the most from their insurance companies after their car is totaled?
  • What is the most important thing to do after your car is totaled?
  • When should a person get extra insurance to protect against the possibility of a totaled car?

Check out Professor Yao’s advice here.

Haibo (Stephen) Yao serves as an Assistant Professor of Insurance & Risk Management in the College of Business Department of Economics, Finance, Insurance & Risk Management at the University of Central Arkansas.