The deal makes GM a long-term fixture in the revival of Detroit’s downtown, which billionaire Dan Gilbert has been spearheading by acquiring and developing 45 major office, retail and hospitality properties.
Volvo has had to delay 2 models while a top ZF exec says software ‘was not our key strength’ in recent years.
By Drew Gula | NerdWallet
Inflation and supply chain problems continue to impact Americans. Auto insurance rates have risen as a result, along with the prices of new and used cars, medical care and even car maintenance.
State-required car insurance limits haven’t followed suit, however, and even drivers with higher limits may not be protected. But if you’re driving around with only the minimum amount of car insurance required, then you’re probably underinsured.
Here are four ways to make sure you have enough coverage before a potential car accident puts you at risk.
Almost every state requires drivers to carry a minimum amount of liability insurance, which pays for injuries and property damage you cause in an accident. While minimum coverage is typically the cheapest policy you can get, your state’s minimum-required limits likely aren’t high enough to cover the full cost of injuries or property damage caused by an accident.
For example, the average bodily injury liability claim in 2020 included more than $24,000 in medical bills, according to the Insurance Information Institute’s analysis of data from the National Association of Insurance Commissioners. And medical costs have only increased since that study, with some reaching up to hundreds of thousands of dollars.
It’s rare for buyers to want to keep everything in a multimillion-dollar home, but that’s just what happened in an $11.8 million sale on Bentley Park Circle in Bay Hill.
“I know the buyers were big fans of the furnishings and plan to embrace it and add to it,” Ben Becton with Keller Williams Realty, told GrowthSpotter. He represented the sellers in the deal that closed late last month.
“The seller took his entire art collection. The new owners will be able to bring in their own art collection and really make the house their own, even though they will be embracing the furnishings that are there.”
The list price for the home was $15 million and was on the market for about 18 months.
Public records show the sellers as Adrian and Josie Everett, and the buyer is the CEO of Brazilian travel company A.H. Voyage.
Everett is the former CEO and founder of E-Lites e-cigarette company. Along with Becton, the Everetts are founders of London House, a private dining and social club on restaurant row. There were plans to open another location in downtown.
The National Highway Traffic Administration launched an investigation into brake assist failure in 3,322 General Motors’ Cadillac Lyriq vehicles.