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Mastering the nuances of insurance claims allows students in collision estimating training to provide accurate estimates and ensure that vehicle repairs are processed efficiently. How does an insurance claim move from the initial report to the final payout? This step is vital because it forms the basis for the insurance payout.
As a collision estimator, you’ll work closely with repair facilities, insurance companies, and private clients, helping them make informed repair decisions. Develop Insurance Claim Processing and Client Communication Skills Working as a collision estimator often involves collaborating closely with insurance companies and clients.
Branching Into Estimation and Insurance Another exciting pathway for auto parts graduates involves transitioning into estimation and insurance roles. Positions such as Collision Estimator or Insurance Company Estimator leverage your product knowledge and understanding of automotive systems.
As the auto theft situation shows no signs of relief, the group representing auto insurers announced its members are taking steps to better protect consumers and their vehicles. At the same time, the Insurance Bureau of Canada is calling on … The post Auto insurers pledge to take on auto theft appeared first on Auto Service World.
Electric vehicles, given their higher acceleration rates, may be more accident-prone than their slower counterparts, according to new insurance data. Insurance data is increasingly becoming a valuable tool in assessing the real-world performance and risks of electric vehicles.
One significant way to add value is by helping your clients save money on car insurance. Auto body professionals can guide clients through the complexities of insurance claims and advise them on keeping premiums low. Here are five ways to help your clients save money on car insurance.
Navigating the labyrinth of vehicle insurance can often feel like a daunting expedition, but making informed and astute choices shields you from the unforeseen tempests of the road.
Fast-forward to today, and sustainability has gone from an optional to a must-have for most industries, including automotive and insurance. The conversation underscored the importance of parametric insurance analytics solutions, which can provide coverage for climate-related events that traditional insurance often overlooks.
While data is often used for safety or quality improvements, privacy concerns arise when its shared with third parties, including insurers who may use it to adjust premiums. Sixty-six per cent of drivers also said they were unaware manufacturers could access their personal data.
Insurance claims, arguably the largest driver of revenue, were down which directly impacted collision topline. If a vehicle gets too expensive to repair, insurance companies are more likely to write it off, depriving the market of revenue. Many independent shops went out of business.
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Collision repair professionals and automotive insurance companies often find themselves investing significant time conducting research and calculations to produce precise damage estimates. This complexity can lead to calculation errors and inefficient workflows, ultimately impacting both cost and time investments.
In the trucking industry, cargo insurance is a crucial component of risk management. Let’s delve into the various aspects of cargo insurance, highlighting its … The post Ins and Outs of Cargo Insurance for Trucking Companies appeared first on Auto Service World.
Businesses Transportation businesses rely heavily on vehicles as the foundation of their operations, making commercial auto insurance not just an optional decision but a critical requirement.
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Source Modern problems need forward-looking solutions; nowhere is that truer than in the present-day automotive scene, where, as we see more technological advancements make their way into modern vehicles, we also notice an adjacent major shift in car insurance. How is Technology Shaping Car Insurance?
Polly has announced the launch of its new Professional Insurance Platform at NADA 2025 to empower dealerships to monetize the insurance process and improve gross profits. Polly brings a reimagined professional insurance platform tailored for franchise and independent dealers to NADA 2025.
The insurance industry is at a pivotal moment, driven by emerging technologies, constantly shifting customer needs, and global challenges. Insights from PricewaterhouseCoopers ( PwC ) report: Insurance 2025 and Beyond , highlight five key trends that are driving transformation in the sector. trillion by 2025. trillion by 2025.
Source How can you ensure you receive the lowest insurance rates possible? Successfully navigating insurance quotes presents challenges since errors during the process can lead to annual costs of hundreds to thousands of dollars. Given that auto insurance rates are projected to increase by 7.5% Not providing enough information.
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This involves inspecting the extent of structural, mechanical, and cosmetic damage, calculating labor and parts costs, and working closely with repair technicians, insurance companies, and customers to ensure a smooth repair process. Many begin their careers as collision estimators, assessing vehicle damage and preparing repair quotes.
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Renewing car insurance can be an essential yet cumbersome task for drivers. Understanding common missteps made during car insurance renewal will enable informed decisions, protect finances, and ensure maximum protection. When renewing your car insurance policy, it’s best to consult experienced brokers. Read on for more details.
According to Polly’s Q4 2024 Embedded Auto Insurance Report , auto insurance rates stabilized in 2024 after two years of steep increases. The average in-dealership insurance quote averaged $199 per month in 2024, a stark contrast to the volatile swings of prior years that saw insurance rate increases vastly exceed inflation.
Understanding the complexities of car accidents here extends beyond immediate concerns like damages and injuriesit often involves navigating intricate insurance policies and state-specific regulations. For out-of-state travelers, the situation becomes even more complicated as their insurance must adapt to local legal standards.
A new study from the Insurance Institute for Highway Safety (IIHS) found that fewer drivers are disabling lane departure prevention systems, signaling growing acceptance of the technology.
Drivers are quickly finding ways to bypass safety limits in partially automated driving systems, according to a new study from the Insurance Institute for Highway Safety (IIHS), raising questions about how effectively these systems prevent risky behaviour.
While dealing with a crash is overwhelming, discovering the other driver has no insurance adds another layer of stress. Stay Calm and Call the Authorities Staying calm after a crash is crucial, especially when the other driver lacks insurance. This information is crucial for any subsequent legal or insurance processes.
Does car insurance cover these maintenance problems for Hondas? Now, here’s the deal- most car insurance policies don’t cover regular maintenance or wear-and-tear repairs. That said, some insurance companies have options for mechanical breakdown coverage or extended warranties that could help with these types of repairs.
That includes more details about ownership, infrastructure and insurance. BrokerLink, a property and casualty insurance brokerage, commissioned a survey of Canadians and found that availability of … The post How Canadians are feeling towards EVs today appeared first on Auto Service World.
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The post While EV Sales Slow, Insurance Claims Rise appeared first on Brake & Front End. The lack of this labor type on BEV estimates could mean that their design is more effective at preventing crash energy from damaging the vehicle’s structural components.
The post While EV Sales Slow, Insurance Claims Rise appeared first on Tomorrows Technician. The lack of this labor type on BEV estimates could mean that their design is more effective at preventing crash energy from damaging the vehicle’s structural components.
Uswitch, a comparison website for personal services like car insurance, released a survey that highlighted a trend of neglect that could lead … The post The gaps in car maintenance knowledge appeared first on Auto Service World.
The latest report from Équité Association, the national group for insurance crime, found a 17 per cent drop in auto theft during the first half of 2024 … The post Auto theft declines in Canada appeared first on Auto Service World. After years of soaring auto theft rates, Canada is finally seeing a decline.
1970 wasn't an easy year for the muscle car space as a whole, and the GTO couldn't escape the wrath of insurers. The transition to small engines turned the GTO into a sitting duck, so the yearly sales collapsed to a little over 40K units.
The Insurance Institute for Highway Safety (IIHS) has released the preliminary list of vehicles tested according to the 2025 criteria. The Insurance Institute for Highway Safety (IIHS) has recently updated the test criteria for 2025, making it more difficult to score the coveted Top Safety Pick award, let alone the much strict.
They then prepare work orders and insurance claim forms to document their findings and recommendations. This level of automation also impacts insurance estimations. Traditionally, this process relies on manual inspections, mechanical testing devices, and consultations with repair managers.
The Insurance Institute for Highway Safety’s updated side crash test gave good ratings to the 2023 Ram 1500 crew cab, Ford … The post Where the safety concerns are for large pickups appeared first on Auto Service World.
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Interestingly enough, Ive asked many shops and insurance companies this question and gotten a lot of different responses. We know that the vehicle maintenance of any motor vehicle is a cost the vehicle owner must pay, as no insurance claim is involved. Another question pops up from the prerequisites: Who pays to fill the tank with gas?
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