How EVs will impact insurance rates
Auto Service World
FEBRUARY 27, 2024
Canadian electric vehicle owners might face higher insurance premiums in the near future, according to a recent report by Morningstar DBRS.
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Journey of an Insurance Claim for Students in Collision Estimating Training
Automotive Training Centre
OCTOBER 30, 2024
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.
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Expert Tips for Dealing with Vehicle Insurance Companies
Auto Service World
APRIL 12, 2024
Have you ever found yourself in the daunting position of dealing with vehicle insurance companies after a car accident? Knowing how to … The post Expert Tips for Dealing with Vehicle Insurance Companies appeared first on Auto Service World.
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In Auto Body Training? Discover 5 Ways to Save Money on Car Insurance
Automotive Training Centre
JULY 17, 2024
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.
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Driving Protected: Smart Choices in Vehicle Insurance
Auto Service World
NOVEMBER 27, 2023
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.
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Navigating Through Commercial Auto Insurance for Transport Businesses
Auto Service World
JULY 6, 2024
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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How to Negotiate with Insurance Companies
Automotive Training Institute
APRIL 1, 2024
ATI | Do you dread negotiating with insurance companies? The post How to Negotiate with Insurance Companies appeared first on ATI. We look at how you can build a working relationship that doesn't kill your profitability.
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Understanding Car Insurance: A Comprehensive Guide
Auto Service World
OCTOBER 12, 2024
Car insurance is a critical aspect of vehicle ownership that provides protection against financial losses and unexpected events. Knowledge of car insurance and the various options enables an individual to make the right decision regarding coverage to go with. Let’s take you through a basic rundown of car insurance.
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Understanding Insurance Options for Modern Vehicles
Auto Service World
AUGUST 31, 2024
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?
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Navigating Insurance Claims After a Bicycle Accident
Auto Service World
AUGUST 17, 2024
In Las Vegas, where nearly 91% of bicycle crashes result in injury or death, navigating insurance claims after such incidents poses significant risks and challenges. In this post, we will guide you through the necessary steps to take when filing an insurance claim after a bicycle accident.
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5 Trends Shaping the Future of Insurance
Solera
DECEMBER 16, 2024
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.
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Ins and Outs of Cargo Insurance for Trucking Companies
Auto Service World
DECEMBER 27, 2023
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.
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Are Your Tech's Tools Covered By Your Insurance?
AutoShopOwner
MAY 2, 2024
I cannot speak for all shops and all insurance policies, but many garage keeper's policies do not cover technician's tools. It might worth a call or meet with your insurance rep to discuss this. I am not an insurance agent, but I was shocked a few years back when I found this out, and had to modify my insurance coverage.
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Finding Affordable Car Insurance In South Africa
Auto Service World
AUGUST 31, 2024
Is your car insurance policy up to date? You might be one of those drivers in South Africa who wouldn’t go out on the road without a fully comprehensive car insurance plan. Yes, car insurance in South Africa can be pricier than we’d like, and there are issues with affordable payments. Why Is Insurance So Important?
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Finding Affordable Car Insurance In South Africa
Auto Service World
AUGUST 17, 2024
Is your car insurance policy up to date? You might be one of those drivers in South Africa who wouldn’t go out on the road without a fully comprehensive car insurance plan. Yes, car insurance in South Africa can be pricier than we’d like, and there are issues with affordable payments. Why Is Insurance So Important?
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Car insurance cost rose 20% in December, biggest jump in decades
Autoblog: Repairs
JANUARY 11, 2024
Filed under: Auto Repair , Insurance , Ownership Continue reading Car insurance cost rose 20% in December, biggest jump in decades Car insurance cost rose 20% in December, biggest jump in decades originally appeared on Autoblog on Thu, 11 Jan 2024 17:13:00 EST. Please see our terms for use of feeds.
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Understanding Car Insurance Coverage for Out-of-State Accidents
Auto Service World
DECEMBER 7, 2024
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.
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American drivers can't catch a break on car insurance rates
Autoblog: Repairs
MARCH 16, 2024
Filed under: Auto Repair , Driving , Insurance , Ownership Continue reading American drivers can't catch a break on car insurance rates American drivers can't catch a break on car insurance rates originally appeared on Autoblog on Sat, 16 Mar 2024 10:00:00 EDT. Please see our terms for use of feeds.
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Injuries You May Not Have Known are Covered by Insurance
Auto Service World
JUNE 22, 2024
While most people are aware that insurance typically covers obvious injuries like broken bones or whiplash, there are several lesser-known injuries … The post Injuries You May Not Have Known are Covered by Insurance appeared first on Auto Service World.
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4 Essential Collision Estimator Skills You’ll Learn in Auto Body Training
Automotive Training Centre
NOVEMBER 8, 2024
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.
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Study: Insurance claims have become significantly more severe since 2020
Autoblog: Repairs
JUNE 21, 2024
Filed under: Auto Repair , Driving , Insurance , Ownership Continue reading Study: Insurance claims have become significantly more severe since 2020 Study: Insurance claims have become significantly more severe since 2020 originally appeared on Autoblog on Fri, 21 Jun 2024 13:15:00 EDT. Please see our terms for use of feeds.
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EVs appear to be more accident prone
Auto Service World
JANUARY 10, 2025
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.
Soaring insurance costs hit just as U.S. buyers finally get a break on car prices
Autoblog: Repairs
APRIL 13, 2024
Filed under: Car Buying , Auto Repair , Insurance , Ownership Continue reading Soaring insurance costs hit just as U.S. buyers finally get a break on car prices Soaring insurance costs hit just as U.S. buyers finally get a break on car prices originally appeared on Autoblog on Sat, 13 Apr 2024 13:00:00 EDT.
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More insight about charging & insuring EVs
Auto Remarketing
AUGUST 9, 2024
Two of the growing factors impacting electric vehicles are charging them and securing affordable insurance, and three research projects shed more light on those elements of EV ownership and how consumers are adjusting. A separate report from LendingTree insurance site ValuePenguin.com might explain why. Here’s some evidence of why.
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How Canadians are feeling towards EVs today
Auto Service World
NOVEMBER 14, 2023
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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Early Fury: Hurricane Beryl’s Wake-Up Call to Insurers—Time to Fortify Response Strategies for Policyholders
Solera
JULY 11, 2024
The Importance of Preparedness and Responsiveness Hurricane Beryl’s early arrival is a clear wake-up call for insurers, emphasizing the need to fortify their disaster response strategies now, rather than later. With early arrival of the hurricane season, it is paramount for insurers to get their support system ready in preparedness.
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Navigating Challenges with Innovation: Empowering Insurers for a Resilient Future with XpertEstimate
Solera
AUGUST 14, 2023
The insurance industry has long grappled with challenges such as rising repair costs, staffing shortages, and managing claims volumes during peak times. Industry Impact: The initial six months of this year were marked by a series of severe storms that led to insured losses totaling an astonishing $34 billion.
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Here’s how auto pricing has changed
Auto Service World
AUGUST 16, 2024
From aftermarket parts to insurance, here’s how the auto industry has changed over the last year The post Here’s how auto pricing has changed appeared first on Auto Service World.
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5 Areas Collision Shops Should Be Getting Paid Instead of Pushback
Automotive Training Institute
MAY 31, 2024
ATI | Many collision shop owners see insurance negotiations as a necessary cost of doing business—but not every estimate has to be a battle! The post 5 Areas Collision Shops Should Be Getting Paid Instead of Pushback appeared first on ATI.
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The gaps in car maintenance knowledge
Auto Service World
AUGUST 6, 2024
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.
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More drivers are shopping for new car insurance due to rate increases
Autoblog: Repairs
JUNE 21, 2024
Filed under: Auto Repair , Driving , Insurance , Ownership Continue reading More drivers are shopping for new car insurance due to rate increases More drivers are shopping for new car insurance due to rate increases originally appeared on Autoblog on Fri, 21 Jun 2024 13:20:00 EDT. Please see our terms for use of feeds.
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Written-Off 721-Mile 2023 Rivian R1T Sparks Insurance Controversy
autoevolution
MAY 20, 2024
Even electric vehicle owners who agreed to have their driving monitored are dealing with insurance premiums that seem to go only one way—up. Apparently, it's not just inflation that's driving these companies to ask for more money. We're stuck in a vicious cycle, one that might remind some of you of the airbag craze.
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Hyundai Dealership Scams Ioniq 5 Owner and Their Insurance Company for Battery Replacement
autoevolution
DECEMBER 18, 2023
However, when the insurance company took over, the price doubled, and not even Hyundai could explain why. The owner of a Hyundai Ioniq 5 was told that the battery pack needed to be replaced after a minor scratch. The Hyundai dealership that evaluated the car asked a whopping $30,000 CAD ($22,400 USD) for a new battery.
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The Future of Auto Claims is Here: Streamlining Total Loss Determination for Insurers
Solera
AUGUST 29, 2024
When it comes to insurance claims, determining whether a vehicle is a total loss or repairable can be a time-consuming, costly, and complex process. Insurers face various pain points during this assessment, including lengthy inspections, redundant assessments, and time-consuming routes for the adjusters to travel to each site.
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Auto theft declines in Canada
Auto Service World
AUGUST 1, 2024
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.
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Where the safety concerns are for large pickups
Auto Service World
DECEMBER 14, 2023
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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3 Opportunities for Career Advancement to Consider After Auto Parts Training
Automotive Training Centre
DECEMBER 6, 2024
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.
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Employer medical costs set to jump
Auto Service World
OCTOBER 20, 2023
Professional services firm Aon, which provides various kinds of insurance needs to businesses, … The post Employer medical costs set to jump appeared first on Auto Service World. Canadian employers can expect medical costs to increase 5 per cent next year, according to a new report, though the number is a slowdown from this year.
Automation safeguards leave much to be desired
Auto Service World
APRIL 10, 2024
The Insurance Institute for Highway Safety (IIHS) has introduced a new ratings program aimed at driving automakers to integrate more stringent safeguards into their partial driving automation systems. It has not gotten off to a great start for automakers.
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Why there’s concern about minivan safety
Auto Service World
OCTOBER 24, 2023
Minivans are getting marginal and poor ratings in crash tests from the Insurance Institute for Highway Safety. The group specifically looked at rear-seat safety. None of the four minivans tested earned a good or acceptable rating.
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Insurance Company Refuses To Sell Brand-New Challenger SRT for $10,000, It's So Crumpled
autoevolution
JULY 2, 2024
It's either that or the scrapyard if the insurance company can't sell it. The Dodge Challenger SRT Hellcat is this wild beast coming straight from hell. And to hell it goes if the driver fails to tame it. For the moment, it declined a $10,000 offer. The Dodge Challenger SRT Hellcat. continue reading. )
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Most large SUVs fail safety tests
Auto Service World
JULY 9, 2024
Large sport utility vehicles are often seen as the embodiment of road safety due to their imposing size, but new ratings from the Insurance Institute for Highway Safety (IIHS) reveal significant differences in safety performance among popular models.
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Insurance Company Is Selling a 2022 Dodge Charger Scat Pack for $20,000. What's the Catch?
autoevolution
AUGUST 26, 2024
An insurance company put this 2022 Dodge Charger Scat Pack in an auction yard, labeled it a run-and-drive car, and is selling it for $20,000. Hail damage and flood. That sounds every inch a writeoff. But is it really so? It may sound cheap, but is it really worth the money? The hood looks like it took one for the team.
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Career Highlight: What Does A Heavy Duty Estimator Do?
Automotive Training Centre
MAY 1, 2024
These professionals assess damage, calculate repair costs, and facilitate communication between repair teams, insurance companies, and clients. Communication and Coordination: Heavy duty estimators act as the communication link between customers, repair technicians, and insurance companies.
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