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Auto Physical Damage Podcast

Episode 13: Not Your Father's Ride

Much has changed since the first advanced driver assistance systems were introduced and today鈥檚 鈥渞ides鈥 bear little resemblance to those of the past. Matt Moore, senior vice president at the Highway Loss Data Institute, joins the show to explain how the complexity and construction of modern vehicles affect claims frequency and severity. He also shares current trends in consumer driving behavior that have led to an increase in accidents and fatalities.
Auto Physical Damage Article

Canadian Collision Summary: Q4 2017

3 MIN READ

The average gross initial appraisal value, calculated by combining data from all first and third party repairable vehicle appraisals uploaded through 麻豆精选 Canadian systems in Q4 2017, was $4,184, a $43 increase from Q4 2016. Factoring for development yields an anticipated increase to $4,229.
Auto Physical Damage Article

The New Repair Network

6 MIN READ

The repair network of today is not your grandfather鈥檚 or your father鈥檚 repair network; in fact it may not even be your older brother鈥檚 repair network. Vehicles are becoming more sophisticated with every new model that rolls off the production line. They鈥檙e no longer merely a mode of transportation鈥攖hey鈥檙e complex computer networks on wheels.
Auto Physical Damage Article

Motor Vehicle Markets Q4 2017

3 MIN READ

We recap the motor vehicle markets trends from Q4 2017, highlighting the best-selling U.S. cars, trucks, and current used vehicle market conditions.
Workers' Comp Article

Artificial Intelligence: 7 Tips for Success

1 MIN READ

News and predictions about how artificial intelligence will shape the insurance industry are popping up almost every day. The infographic below highlights seven tips for working with artificial intelligence, including limitations, opportunities and emerging trends that you should keep in mind to better position yourself (and your company) for success.
Auto Physical Damage Article

Average Length of Rental for Repairable Vehicles: Q3 2017

4 MIN READ

Average Length of Rental (LOR) for Q3 2017 landed at 12.1 days in the United States, an increase of just 0.2 days compared to Q3 2016. This is a continuation of the general course throughout the calendar year, although a few months produced measurable increases. Once again, there was very little consistency between regions and states, suggesting that the quarterly result for the U.S. is not reflective of a genuine national trend.
Auto Physical Damage Article

Motor Vehicle Markets: Q3 2017

2 MIN READ

Average wholesale prices in October were down only modestly month-over-month and were up year-over-year, bolstered by lingering impacts from hurricanes Harvey and Irma.
Auto Physical Damage Article

麻豆精选 Collision Repair Industry Data: Q3 2017

6 MIN READ

The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through 麻豆精选 systems in Q3 2017, was $3,019, $16 less than this same period last year. However, continued development suggests a final Q3 2017 average appraisal value of $3,043, which represents an increase over the same quarter last year.